 Hello, everyone. It's great to be back. I trust you have had a good weekend I'll be looking to do this video every Sunday where I'm gonna spend a bit of time going through the charts from a technical point of view One by one. So this coupled with Anthony's macro menu should be a good way to stand you in good stead for the coming week I'd also like to take this opportunity just to wish you and your families. Well, I know it's been an incredibly hard Few months with everything that's gone on. Hopefully now we have looked to have turned the corner a bit But you know, I hope everyone is doing as well as they can It obviously has been a challenging time for everyone and when we do, you know, appreciate that going forward any Questions or charts in general that you want me to have a look at feel free to write in the comment section And you know, I can change this as we go along each week I'm more than happy to even chuck in a little lesson if people wanted Gonna start on the euro just because you know, I've got it marked up Let me remove all the all of the the lines that I've got Marked on the the euro for me is all about this to the downside anyway this trend line You can see we made it on Was that Thursday? Incredible area support. It has to be said for me the euro can't go lower until that breaks It's key You can look see what happens the last few times we've been around this area If you want to even mark up the the low from the 20th of February buyers come in can't close below there From a technical point of view the bulls You know while we'll probably be pretty worried with how the market is is trended back down to this level Can't I mean or the cut, you know, they can't you know take their trade off I would say until that trend line goes so if you're sticking to your plan of buying off these lows You're in profit. You're not gonna want to take it off right now Below the trend line then, you know, just looking at those lows that we had from April and then the sort of mid To late part of March if that goes as well putting this again on the daily chart You know, you're looking at levels from 2017 that I'd mark up here just being prepared that if it goes This is where price could get to To the upside Where would I if I was long would I be targeting? 109.04 in the futures then above there you got some more interesting levels bit of a double top You could argue which has been quite common actually across a few of the markets, but it's intact at the moment So I'd wait for for something to really happen if I just remove all the other lines I've got marks on here for me if I'm not in a trade now I'm not looking to really get into one unless we break out of this circle that's in here. It's containing price It reminds me a bit of 2014 where well in that 2017 we're going into parity. We've got to go to parity Well that may be so but trade what you see, you know Not what you think and unless that trend line goes unless this area support goes and closes the day You know, I'm not looking really for for price to break through there I know people were looking at that weekly trend line not too long ago going back to You know, well, yeah early 2000s and it's it got a bit messy certainly on the futures around there Let's draw that on you can see now roughly drew that but you had a couple of breaks of it It's holding up nicely enough on that week I'll just bring that 60 minute or put it back onto the day a lot of support around there and you can understand why Prices bounced a bit a lot of people if you believe Twitter believe this is going to go lower and aggressively so Fine, you know, let's go with that. That's I'm happy to agree but only below that trend line. However Where it's station now, I'm not massively convinced it can push too much higher. However, I Would appear by if we can break You know above here and the good thing about the the macro menu You know, it does all the work. I would need for me You know, I want to know when is big data coming out? When could we see a big momentum move of a fundamental reason it could be you know Comment from a central bank speaker. It could be a big data release That is super weak for the US dollar or super strong for the euro Okay, well, let's get along above 10904 targeting 110 those levels on the daily chart as we know We're going to be a lot stronger on the flip side This is say Jerome power completely, you know destroys all final hopes of not a negative interest rates And then we're going to push lower and below that trend line could be key to get back in To a short to target those lows of the year speaking of negative Interest rates and how markets have finished There's that double top by the way The pound finished very negatively on Friday broke a massive area of support which you can see marked up from my my rectangle and As long as we stay below that You know, I've got to be bearish on this and here would be the next target 120 handle previous level resistance before we smash through on the 26th of March Also the low on the 26th of March around 118 and and then even the lows of the year Headlines over the weekend, I'm sure and we'll go into this in a lot more detail in the menu and also the Monday briefing But there's been talk from how dain about how they're considering negative interest rates the pounds only going to go one direction In my opinion short term Whether that means a gap down on Sunday will have to wait to see but if yeah I think we're going to get to the 118 level this week is what the chart will be telling me now When would that be wrong? Well about 122 41? I actually don't really mind a long above there And it's that whole false break It's getting rid of the people that were short and then we can push on but where would the target be? We'll have about a really key level resistance 124 72 200 pips risking is to say 50 on a medium term trade makes sense. Yeah, you have to be right, you know, you know less than 54 25% of the time for break even So yeah, I don't mind that however the way we finish you've got to be bearish on this market headlines Not good. You've got the net. You've got the no-deal Brexit talk coming back in Negotiations not going well. Okay, let's take a bit of risk off here and You know, you can see with we're just coming under that pressure and the dollar strong as well So yeah, not looking good for the pound. However, technically we break higher good opportunity to come Ozzy dollar now This is another one double top on on currencies and it's another one That's got a lovely little trend line from those lows to keep an eye on so if you're bearish on Ozzy wait for that trend line to go wait for this little range to go and also just be aware of that Correlation that we've got with the S&P at the moment. The S&P keeps pushing higher I'll say keep if the S&P pushes higher. I think the Aussie's gonna follow it I think the pound will follow it as well. So just be careful, you know, it's in my opinion the last Month has been a medium term traders nightmare that really hasn't been that many opportunities where there's been a clear push I mean, look, you could be long here. Oh comes back out comes down You'd be sure and it's back and it's it's tricky. It's you know, he's tricky out there However, bigger move to come to the downside below these levels And also the long above there. So now you've got your bit of a range Leave it alone in there. I would say there's gonna be obviously intraday opportunities data points comments Correlations, etc. That can happen But for me the bigger move happens should we, you know, break out of these points here break of the trend looking down for these lows from The the end of April breaking above here looking at that massively key level in the ninth of March That was a crazy. Don't remember being in the office. I think for that Yeah, I think that's the flash crash wasn't it? That was the yeah the Monday. Yeah same move But yeah looking back to the top of that now Talking about that correlation the S&P for me is range bounce still got it marked up. I can't they can't be a move a Decent-sized move in the S&P unless we break out of Out of that or this where you know had a couple of days, you know strong selling But it's from that technical point of view. It's it's it's stuck within and if anything you want to bring it up Towards here you then want to bring this down here and when you look back in in recent years You can see why you can see why it's range band. It hasn't really been that much, you know decision You know really what's all my men to move in in that period? So for me, you know I'll probably tied it up a bit and bring it you know down like this, but unless it breaks out of that I'm not too interested look on the 240 You can see how clear here is that is a range. Let's get a little mid couple of mid points in here Yeah, I'd say looking at this the bulls we want we want to get it about 2893 the Bears they want to Said we for the bulls can tell what a what view I have in the market, but from a bullish point of view I Can't get back into this Really for a long unless we get above here and towards there You know if I was long wink wink and then you know I'd be de-risking a bit there and and also those hyzers as well To the downside, you know the Bears hold this level now We can have a look back at those lows that we had through here But even then just be careful because you've got such key areas of support just below It's For me there can't really be a massive massive move until we break out of that range play it There's opportunities for that of course, but at the moment We're pretty much bang in the middle of that the main driver for me And you might have saw my tweet last week is going to be the Nasdaq. It's is propping up the markets Helping here's your key level to the upside bullish above there to obviously fill your gap But also get back to this point Here to the downside. I had an entry to get long just on these highs You can see previous highs didn't quite get in now You've got your new range bigger move can't really happen unless we get below or above However capping to the upside on Friday. That is quite key. This is something I'll be looking for That you know can't be bullish for the week ahead unless we on the nasdaq get above 91 49 so you know keep a watch on that you can see this the significance especially how we even finish on Friday So lows lows highs highs above here Okay, now we can push on and obviously in 60 minutes You can have little bits of resistance there as well But for the nasdaq certainly on daily closes, which we know are the most important Those would be the areas that I'll be looking for that's that's my midpoint here bullish above bearish But like so there's wait and see and and it's going to drag the S&P and the Dow with it in my opinion Let's just get the bottom end of that range of the Dow Is that now on Thursday the opportunity to get long to target back up to the top of that range? It could be and that takes you back to the euro takes you back to the Aussie are these opportunities where the buyers have come back in? At the moment. Yes is the way to think about it But if they go That's your cue to get in for those shorts from a technical point of view from a psychological point of view as well The longs no one no longer want to be in the best piece of advice I ever got trade what you see not what you think and You know, that's very Very true for right now. Let price tell you what's really going on elsewhere gold. Obviously nice push higher We saw that last week and you can see No, not far away from it. It's high of the year. We had a nice trend line break gold for me has been one where it's It's only been really kicking on on the on the brakes in the afternoon lot of people I think have tried this in the morning to go and it's caught people out Trade at the right time of the day trade on the right days. Look at ants macro menu When is there likely to be volume if you're looking for those momentum moves? gold To the downside got a bit of a trend line, which was sort of being tested at times It was a bit messy to be completely honest from from this point of view That was to go and it threatened at the beginning of the week and fine I was looking for you know potential long 16 69 for that area to hold up We also broke through a bit of resistance came back to find it support didn't quite get above These levels are the interesting to see what happens there Above their unbullish towards the the yeedy high is how I would look for it on gold We come back below the trend line bearish Even though that sounds a bit weird saying bearish gold with the condition going on right now But it's near the highest people will be looking to take profit wouldn't be surprising to see a bit of a pullback there as well oil Let's draw that on there. What a chart. What a chart and We've got the the the expiry for for July coming shortly June sorry and Could provide a bit of volatility I'm not massively interested in trading this market to be honest at the moment I haven't you know, it's easy in hindsight. I haven't been bearish at all really, you know Once we started breaking out of levels like this It's and this was only you know the bigger sort of over to well before for this month Yeah, I once just started breaking above that for you know The biggest short squeeze ever people getting canes and then you find a bit more support holds up Resistance sorry holds up very well and you get that final push, you know from a technical point of view, you know because people do trade it I know that and You know, I wouldn't want to step on their toes. I'm not a massive oil trader But for me the way it looks like is is that, you know, even $30 could could happen Bearish, I'm about to say bullish there bearish below 2789 is how I'd look at that but really I think if If always Good in the world and and of course markets are forward-looking, you know, of course It's not good in the world right now, but if everything start to come back It was trying to come back to a bit of reality. We're still heavily discounted from where we were Pre-virus so Yeah, I think they're still a bit more of a recovery to come However, I'm wrong in that bias below 28 bucks and I'm even more wrong below 26 Whether we had this trendline break as well I'd be super wrong if this goes and then we can push on and I went with them back back at 2337 I've got that bit of indecision about oil for the moment I'm bullish because of how we finished last week because how we've been pushing Recently, but below the this point by my by my mouse. I've got to change that mind and I'll be happy to do so As well. So, yeah, those would be the levels that I'm looking at Guys, I'm more than happy to to go through a few more as and when I'll be doing it Obviously each Sunday you can see here tea notes hugging those highs, isn't it? Look at that. Lovely Lovely little resistance level for that to go. You'd be looking at the highs of the year again Davish central bank negative rates getting Another shout out may be what helps that push on Or if stocks were to have a big downturn again, but for now, you know, there's this the You know, the probably the most important things I ever got told as a trader was, you know Start with your stop loss, you know, where does your stop need to be? Can you afford the trade? If not, fine. Lots of opportunities better than local capital Be a sniper wait for you know, your opportunities that suit you look at the ants macro menu You know, what is your edge that's got you to where you are and trade that trade it on days that you do better on products That you do better no need to mix things up, you know Why would Cristiano Ronaldo play defense because he's better playing attack, you know Why does Roger Federer play a one-handed backhand because it's his best weapon He's not gonna play two hands suddenly or you know after his long career of winning everything much to my hate I'm a big Andy Roddick fan But stick to you know, what's what's right for you the right times and you know Let my the the market tell you what's going on which comes on to that last point the best piece of advice ever got told We've already said it trade what you see and not what you think so the euro at the moment for me Is no man's land. It's a short below the trend line The pound in summary is a short because of how we finished last week Aussie dollar wait and see trend line key Bit range band like S&P S&P overall long-term. I'm you know as bullish as they come If I'm being completely honest that can't really come in before 2893 again in the top end of this range the Nasdaq. I mean look, it's the Nasdaq is 7% away from the all-time high last week. It's lowest highest point. It was less than 5% that's insane Now obviously quite range band as well and gold near those highs Like I said guys any questions, please do let me know it's great to be back on the on the YouTube channel I have to say I've missed it, but with the the messages you guys have been sending on Twitter and the interaction on there It's been been great. I hope you can forgive my quarantine hair slick Rick I've been called or and Middleton, which I don't mind Yeah, I hope everyone is doing well and I really mean that it has been a tough time for everyone But yeah, any questions, please do let me know Hope you have a great week ahead look out for ants macro menu because you know that is is incredibly vital It really does the work for you and then you know follow this process Link it in with your own Analysis it's important to see what other people are looking at in the market because of course that's you know We'll create spires as well. So I hope you have a great rest of your Sunday and an even better week ahead