Trump Trade War sentiment versus Metals & EUR Charts

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

 

 

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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Richard is passionate about technical analysis with years of charting experience under his belt. When it comes to his insights and how he analyses the markets, he uses leading analysis tools. In particular, Elliott Wave Analysis is his forte, and he dedicates the majority of his time using this analytical method. Richard uses Elliott Waves in combination with Structures, Patterns, Divergences, and then spices things up with Vibration Levels, Fibonacci measurements, Channeling, Break-outs or Flag formations.