Frank Walbaum
FX Strategies.Asia
Welcome back, everyone! Here's what you need to know for the upcoming week:
Major market disruptions:
- CrowdStrike update: Major fail, impacting Microsoft computers and causing market disruptions.
- Microsoft: Encountering resistance, potential further downside.
️Precious metals and commodities:
- Gold and Silver: Showing bearish momentum with potential corrections ahead.
- Oil: High levels but currently correcting.
Crypto market:
- Bitcoin and altcoins: Roaring back with strong positivity, key resistance levels broken.
Economic insights:
- PMI Data: Important insights coming on Wednesday.
- Bank of Canada: Interest rate decision on Wednesday, expect volatility.
Market sentiment:
- US Dollar: Gearing up steam, affecting Euro, Pound, and other currencies.
- Stock Markets: Nasdaq, S&P 500, Dow Jones showing bearish sentiment.
Join us next week for more insights!
Happy trading and have a great weekend!
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. This Webinar is purely for information purposes. Transactions or orders are for illustrative purposes only and should not be copied by traders. The content has been carefully compiled. However, no liability can be accepted by FX Strategies. Asia and under no circumstances should this material replace a consultation with a certified financial, investment or investment advisor in terms of their accuracy. Further information on our risk warnings can be found on our website under fxstrategies.asia.
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