Market Brief Series / EP. 323 / 15th May. 2018 by lordoftruth

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· @lordoftruth ·
$4.75
Market Brief Series / EP. 323 / 15th May. 2018
<center>![Brief.png](https://steemitimages.com/DQmcktAvjtVSzqp2w8XgozbrNbisPgYuoU9GS7Qq22TnyfA/Brief.png)</center>

- Overall there is strength in the GBP and USD. Weakness in the NZD and JPY.

- Oil prices pushed higher as the Gaza Strip erupted over the US’s moving of its embassy to Jerusalem. 

- US dollar sowed signs of stabilization after weakening for the prior three sessions. 

- USD/JPY bulls have been capped in Tokyo, unable to get and hold above the 109.80 resistance. 

- Mixed Chinese data capped the upside in the Australian Dollar, dragging the AUD/USD pair lower to 0.7520 levels.

- EUR/USD pair reversed course to the downside yesterday. Currently, it is rebounding from a low of 1.1920 seen overnight but remains capped by the descending 20-period moving average. As long as the key resistance at 1.1960 is not surpassed, the pair is expected to return to 1.1890 on the downside. Above 1.1960, look for a bounce toward 1.2010.

- On the data slate there’s German GDP; UK Claimant Count Rate; UK Jobless Claims Change; UK Average Weekly Earnings; UK Unemployment Rate; UK Employment Change; Euro-Zone Industrial Production; Euro-Zone GDP; German ZEW Survey Current Situation; German ZEW Survey Expectation; Euro-Zone ZEW Survey; US Empire Manufacturing; US Retail Sales Advance; US Business Inventories; US Housing Market Index and US Net Long-Term TIC Flows.

<center>![Trade.jpeg](https://steemitimages.com/DQmW6pu9QpVfLqRULavrBWHmX9mwRonMbk8bDxneqrnP7WC/Trade.jpeg)</center>

<center>My Personal Trading Plan</center>
<center>
BUY EUR/USD @ 1.1905 OR BETTER – STOP @ 1.1880 – TARGET @ 1.2005 
BUY GBP/USD @ 1.3540 OR BETTER – STOP @ 1.3485 – TARGET @ 1.3650
SELL USD/JPY @ 109.80 OR BETTER – STOP @ 110.30 – TARGET @ 108.50
BUY CL0618 @ 70.60 OR BETTER – STOP @ 69.90 – TARGET @ 72.00
BUY AUD/USD @ 0.7510 OR BETTER – STOP @ 0.7460 – TARGET @ 0.7565 
BUY XAU @ 1310 OR BETTER – STOP @ 1303 – TARGET @ 1330
BUY XAG @ 16.40 OR BETTER – STOP @ 15.80 – TARGET @ 17.20 
</center>

<center>![10559903_827991603901191_6823467013727099018_n.jpg](https://steemitimages.com/DQmQTBMccrRbpvLorNMexqebRBEB1PBgHmRC8sdZRa5uzF5/10559903_827991603901191_6823467013727099018_n.jpg)</center>

<center>THE ABOVE BRIEF IS MY PERSONAL OPINION AND DOES NOT CONSTITUTE ANY PROMISES OR GUARANTEES OF PROFITS. TRADING IN CURRENCIES AND COMMODITIES ARE HIGH RISKS. YOU SHOULD NOT TAKE ANY MATERIAL POSTED AS RECOMMENDATION.</center>

<center>
 Writing a series means playing a long game, 
investing considerable time and effort up front in 
hopes of considerable returns down the road. 
I'm so proud of my little blog, and so grateful to all of you 
for support to keep it going.</center>


<center><a href="https://steemit.com/bitcoin/@lordoftruth/forex-education-center-volume-i"><strong>If You are New in Trading  &nbsp;--> Read Trading Education Center / Volume I.</strong></a> &nbsp;&nbsp;&nbsp;</center>

<center><a href="https://steemit.com/bitcoin/@lordoftruth/fibonacci-retracement-in-trending-market"><strong> What You Know About&nbsp;--> Fibonacci Retracement in Trending Market !</strong></a> &nbsp;&nbsp; </center>

<center>![5000.gif](https://steemitimages.com/DQmNMekmCnhikkruHZ3ZyRxoQhRt8xL6evKhLM7HowKswQ9/5000.gif)</center>
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@mahmoudh ·
https://steemitimages.com/0x0/https://media.giphy.com/media/VKRrudP5jB7WM/giphy.gif
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@sabbir1213 ·
Thank you sir for another Market Brief Series update....its really best job, carry on please, best wishes for you.
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@sayef45 ·
The real friend who sees the first blister of the friend's eyes before taking the second slip and turns it into a hawk before the 3rd blast is taken.
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@hanamana ·
smart break down
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@corneljulian ·
may i add my humble opinion that, you please watch out for that gbpusd and eurusd position...cos a long term short position is coming through
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