In this weeks episode, Jonathan & Adam scan the markets & explain why you should hold fire amid uncertainty.
Monday has been a quite day & the blokes explain the importance of waiting for the right time to execute with Dollar currently consolidating.
Later in the week we have some high impact data coming out with US CPI & PPI & we should see a spike in volatility. This should offer some further insight into the longer term direction of markets.
Jonathan discusses his perspective on the markets, particularly USD/JPY of which he shared a trade in the APP earlier in the day which played out nicely, seeing a short spike in volatility.
A weak JPY has become a political issue for the government amid rising cost-of-living pressures. Unless BOJ intervene we could see a bullish move to the upside, but the blokes both agree it’s likely that they will!
Adam then offers his technical viewpoint on the markets across FX pairs & Gold with his current bias being further Dollar weakness, but there remains uncertainty in the markets & we should have a clearer picture later in the week.
Adam then offers his opinion across Tech stocks & remains bullish on semi conductors firms such as AMD & Nvidia with his pick being ASML Holdings.
The blokes share their market analysis & trade ideas on the Two Blokes Trading APP everyday, so don’t miss out!