Trading Room

Weekly Forex Analysis July 18 – 22, 2022 – Switch to a Risk-on environment and Nasdaq Live Scalping

July 18, 2022 | 5:22 pm | The 5%ers' Blog > Trading Room
July 18, 2022 | 5:22 pm
The 5%ers' Blog > Trading Room
Weekly Forex Analysis July 18 – 22, 2022 - Switch to a Risk-on environment and Nasdaq Live Scalping

Ruben made some scalping on the Nasdaq, which had a volatile market opening and led to some opportunities

The trading rooms are the opportunity to trade together with our traders!

The rooms are available for our traders three times a week.

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 have analyzed the Dollar Index (DXY). We highly expect it to be still on an overextended movement and can bring a dip on the downside.

This is moving the other currencies as the EURUSD, for example, is up around 200 pips from its bottom.

The indices as well have been recovering well from their bottom and are now struggling at an important key zone. Ruben also mentioned that it might be the beginning of the switch between Risk-off and Risk-off environment, as we see Crypto and Oil going up on a short time scale.

Finally, at the end of the session, Ruben made some scalping on the Nasdaq, which had a volatile market opening and led to some opportunities.

 

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