Market Review: Euro & Pound Reversal, Bitcoin Bounce & US Stocks
In today’s market review for February 25th, we analyze the middle of the trading week. With the US Dollar showing signs of weakness, we’re seeing strong attempts from major currency pairs to reverse upwards and regain their footing.
We discuss the bullish potential for EUR/USD and GBP/USD, which are forming clear impulses for a potential "third wave" up. We also analyze the USD/JPY pair as it tests a major short breakdown zone from early February, offering a great risk-to-reward ratio for sellers. Furthermore, we look at Bitcoin’s recovery from its recent drop (with aggressive Asian buying at $64k) and the excellent buying opportunities forming on US Stock Indices (S&P 500 and NASDAQ).
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00:00 INTRODUCTION
00:15 NEWS
00:48 GOLD
01:27 EUR/USD
03:02 GBP/USD
03:26 AUD/USD
03:49 USD/CAD
04:30 USD/JPY
04:52 OIL
05:25 BTC/USD
06:45 U.S. MARKET
07:45 USD/CHF
07:52 CAD/CHF
07:56 AUD/CAD
08:12 NZD/CHF
08:15 AUD/NZD
08:21 EUR/AUD
08:27 EUR/CAD
08:35 SILVER
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