The US open edition of the Tip TV Live finance show saw a range of experts discuss the state of the pound and the weakness potential ahead in GBP/USD and NZD/USD, why algo’s are signalling a possible top formation in the S&P 500, the technical outlook for major markets. We also interview the CEO of Africa New Energy. Likes: 0 Viewed: source"US Open: More weakness ahead in GBP; Algo’s signal a top in S&P 500 – 19/07/16"
Thing is, I’ve been reading Tom Williams lately, been watching Petefaders YT channel and also been going through VSA threads on forexfactoy forums and I’ve seen this mentioned numerous times but never with a clear explanation. I hear sentences like “Selling into the upmoves.” or “Weakness always presents itself in an upmove.” but I still can’t figure out why, and what happens and I would like to understand the process behind it, in order to…"VSA traders out there. How do you indentify weakness and strength?"
The first quarter has come to an end and it was a tough one for the U.S. dollar. Even a rate hike by the Federal Reserve failed to stem the slide in the greenback, which lost approximately 5% of its value against the Japanese Yen and Australian dollar. The lack of urgency among U.S. policymakers to follow up the Source link"Will USD Q1 Weakness Spillover To Q2?"
It’s getting harder for the mainstream media and their asset-gathering sponsors to hide the reality of the post-Trump rally economic ‘improvement’ from investors’ eyes. During a Bloomberg TV interview this morning, New York Fed President Bill Dudley admitted there’s “no rush to hike” as the “economy is clearly not overheating,” warning of the potential for Q1 weakness as “sentiment [improvements] are not showing up in the hard data yet.” Indeed Mr. Dudley… and the ‘hard’…"Gold Jumps As Fed's Dudley Sees The Light On 'Hard' Economic Data, Warns Of Q1 Weakness"