The trading rooms are the opportunity to trade together with our traders!
The rooms are available live three times a week for our traders, both PM and during the level 1 process.
In the trading rooms, we will all interact, scan and analyze the markets, trade, ask questions to each other, and share market visions and trading opportunities.
In today’s trading room, we discussed several subjects that may influence the market for the following week.
First, the French election with the poll of the first presidential round, where Macron is leading. This affected the EUR to open with a gap-up at the opening of the week.
Secondly, the JPY is continuing its bullish movement. The JPY is still in a huge resistance zone, and we wouldn’t be surprised if we see some retracement in the USDJPY or EURJPY.
Also, we talked about Oil that reaches below $100/barrel at the opening according to the fear of lower consumption in China with a potential lock-down caused by the Covid.
Finally, the USD is still getting stronger, supported by the 10Y treasury bonds.
We will go LIVE again tomorrow (Tuesday) @8:00 AM GMT.
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