Technical insights is a summary of potential market opportunities using a well defined trade selection process. The current watchlist looks at live possible trade set ups in forex majors and crosses, and selected commodities, as well as looking at the state of play in global indices.
In this week’s Technical Insights, Adam from Trade With Precision, discusses his watchlist for the week(s) ahead, and is wary of the Global Indices as they are at key levels in terms of trend direction. He will be cautious around high-impact calendar news events (especially the US FOMC this coming Wednesday night) and focusing on swing-trading opportunities during times of possibly increased volatility. His watchlist is a mix of Commodities and Currencies; he discusses what he’ll be looking for in terms of each with respect to the both longer- and shorter-term expectations around key levels.