Neerav Yadav
50 Eyes Market Analysis
In this Trading Opportunities Webinar, Neerav Yadav (Author of “Think with the Markets”) has discussed charts of Forex, Commodities, Indices.
All discussions are based on Advanced Elliott Wave, with detailed Wave counts as well standard Supply and Demand analysis.
4 trades discussed during last weeks webinars, including EURUSD, GOLD, NIFTY AND SPX played out.
03:40 – About Us.
07:42 – EURUSD.
10:10 – EURCAD (Updated Wave Count).
12:18 – USDJPY (Updated Wave Count).
14:31 – EURJPY (Long Term Elliott Wave Count Discussed).
22:42 – Crude Oil (Long Trade setups discussed).
26:00 – Gold (Long Trade setups discussed).
29:14 – SPX (Moving precisely as discussed).
32:18 – Nifty (Updated Elliott Wave Count).
38:00 – BITCOIN (Short term analysis).
The author or any person directly or indirectly associated with 50eyes.com does not hold any liability for any profit, loss or loss of profit made using the views presented. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options, futures or forex); therefore, you should not invest or risk money that you cannot afford to lose.
GBP/USD continues to trade in a relatively tight range above 1.2100 on Thursday. The data from the UK showed that the GDP grew at an annualized rate of 1.9% in the third quarter, compared to market expectation of 2.4%, but failed to trigger a noticeable market reaction.
EUR/USD is holding the bounce toward 1.0650 in early European trading hours. The US Dollar remains under moderate selling pressure amid a risk-on market profile, as investors cheer a ‘Santa rally’ ahead of a fresh batch of US economic data.
Gold price resumes its uptrend as the US Dollar comes under fresh selling pressure. US Treasury bond yields extend retreat ahead of a fresh batch of United States data. Gold price remains poised to test 1,830 as a ‘Santa rally’ kicks in finally.
FTX co-founder Gary Wang, has been alleged to create an option in the exchange platform allowing Alameda an unlimited line of credit. Alameda former head, Caroline Ellison, has also been charged with manipulating the price of FTX's native token, FTT.
Equity markets suffered a bruising year, crushed under the boot of rising interest rates and fading government spending. This weakness could extend into next year, as US valuations remain expensive by historical standards and leading economic indicators.
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