Forex Trading Library

Trump Trade War sentiment versus Metals & EUR Charts

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These are very volatile times with many factors influencing the Market simultaneously.

 

  • FED did not signal more than 3 rate hikes this year
  • UK officials are still having “Brexit” talks
  • President Trump threatens China with a possible Trade War and China responds firmly
  • Facebook looking vulnerable over data privacy breach talks

 

All these factors caused a spike in the VIX, confirming very volatile times, as it did previously in the beginning of February when global Indices started falling.

 

VIX – Monthly Chart:

Trump Trade War sentiment versus Metals & EUR Charts 1

The bullet-point in focus is of course is the one which would affect the global economy, which is Trump vs China topic.

 

Question which most are asking themselves:

If the situation would continue to escalate, how would that possibly affect metals and the European Zone?

Technical Analysis – Overview

DXY – 2H:

Trump Trade War sentiment versus Metals & EUR Charts 2

XAU/USD – 2H:

Trump Trade War sentiment versus Metals & EUR Charts 3

XAG/USD – 2H:

Trump Trade War sentiment versus Metals & EUR Charts 4

EUR/USD – 2H:

Trump Trade War sentiment versus Metals & EUR Charts 5 

GER30 – 2H:

Trump Trade War sentiment versus Metals & EUR Charts 6

CAC40 – 4H:

Trump Trade War sentiment versus Metals & EUR Charts 7

Many pips ahead

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