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► 7 Jul 2019 – 📈 Weekly Trading Analysis 💸
Arb Trader Ali dives back into his most favourite trading pairs, Cable, Euro Dollar and Bitcoin and Litecoin.
Could we see a channel forming in the Pound? Is there a chance of a breakout should we break past the supports / resistance here?
If we do see break lower it is possible that we could hit the 1.19 level as we approach further Brexit uncertainty.
EURUSD is still in a downtrend from last year. The short pull back from last week was short lived. Ali looks at the key levels to maintain.
Where could Bitcoin be going? The current wedge formation shows that there is likely to be a breakout.
$9k is the key level to watch in order to determine whether there is likely to be any sort of a retracement.
Litecoin could be an interesting coin to consider given that they are about to go into a halveing in less than a month.
Could we see a move to $180 after the halving?
Arb Trader Ali takes a look!
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► Warning!! ⚡️
Trading Forex & Cryptocurrency is very risky. Make sure that you practice adequate risk management to protect your account.
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► Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading Forex, cryptocurrencies and CFDs poses considerable risk of loss. The speaker does not guarantee any particular outcome. Past performance does not indicate future results. Open CDPs at your own risk!
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