Ming Jong Tey
Independent Analyst
Watch the video from the WLGC session on 18 Mar 2025 to find out the following:
-
How the violation of the 200 Day Moving Average (DMA) could affect the relief rally.
-
The strategy to buy stock in this current volatile market environment.
-
The analogue comparison to judge the strength in the market and what to anticipate next.
Market environment
The bullish vs. bearish setup is 200 to 96 from the screenshot of my stock screener below.
Three stocks ready to soar
15 actionable setups such as BABA, ALHC, ICE were discussed during the live session before the market open (BMO).
Alibaba Group Holdings (BABA)
Alignment Healthcare (ALHC)
Intercontinental Exchange (ICE)
Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
Recommended content
Editors’ Picks
AUD/USD extends the range play ahead of RBA rate decision
AUD/USD stalls the previous day's move higher near the 200-day SMA and consolidates during the Asian session on Tuesday as traders opt to wait for the RBA decision before placing fresh directional bets. Heading into the key central bank event risk, a positive risk tone and the US-China trade optimism support the Aussie, though a modest USD uptick caps the upside for the currency pair.
EUR/USD: Minor support comes at 1.1060
EUR/USD climbed to the 1.1290 region at one point on Monday, though it later gave back part of those gains as the Greenback attempted to recover from its sharp decline, with investors continuing to digest Moody’s downgrade of the US credit rating on Friday.
Gold looks sidelined around $3,230
Gold appears to have entered a range-bound phase around the $3,230 mark per troy ounce at the start of the week, as investors turned to safe-haven assets following Moody’s downgrade of the US government’s credit rating and renewed trade tensions.
Crypto products post $785 million of inflows as Strategy scoops up 7,390 Bitcoin
Crypto products recorded a fifth straight week of inflows last week, adding $785 million and lifting its cumulative inflows in 2025 to $7.5 billion, according to CoinShares' weekly report on Monday.
China April slowdown shows the impact of economic uncertainty
Trade war uncertainty is denting Chinese confidence, resulting in slower economic activity in April. Retail sales and fixed-asset investment both underperformed forecasts amid heightened caution. Yet the impact on manufacturing was less than feared.
The Best brokers to trade EUR/USD
SPONSORED Discover the top brokers for trading EUR/USD in 2025. Our list features brokers with competitive spreads, fast execution, and powerful platforms. Whether you're a beginner or an expert, find the right partner to navigate the dynamic Forex market.