Archive for the tag: Markets

FOREX Markets in June 2019 – Technical Chart Analysis

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Forex markets have been impacted by different factors in the last months but June is starting to show some signs of more volatility. Watch as we analyse the four main FX markets, as we perform a technical forex analysis.

Trading the euro dollar, the most popular currency pair, hasn’t provided too much excitement of late but with Donald Trump waging trade wars left, right and centre, this could have an impact on #EURUSD and #USDJPY. Any forex monthly chart strategy needs to take this into account and forex markets in June 2019 are bound to be impacted by the continued pressures of the world’s largest economy walling itself off.

Our forex analysis also covers the pound and its recent downtrend. After Theresa May stepped down we did see a drop in the #GBPUSD and that direction has been maintained in the last week or so. But the forex chart of the pair could turn if more pressure comes towards the dollar.

In these circumstances trading monthly forex charts can be tricky, as the potential rise in volatility can provide sharper moves in both directions. Part and parcel of forex, yes, but the impact of the latest political events we’re seeing on gold and oil, could also spill into the main forex charts.

If you liked our Forex June 2019 video make sure to give us a thumbs up and subscribe to our channel for more forex technical chart analysis, as well as various other trading videos!

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AI Global Markets Benjamin Hamilton Artificial Intelligence Forex Trading Software Review

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AI Global Markets ***Benjamin Forex Trading Software LIVE DEMO***

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*Past Profits do not guarantee future results* We do not have a crystal ball to predict what the market will do.
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