Key Levels and Macro Market Review into the Asian session open 27/03/23

Follow on FaceBook – Twitter – LinkedIn – YouTube and Instagram!!


PROCESS IS KEY….DEFINE LEVELS – MARK EXPECTED PRICE ACTION – TRADE THE SETUPS

OVERNIGHT MARKET SNAPSHOT FOR MONDAY 27/03/23

European markets were sold lower again on the back of banking fears and look ready to be pressured again at the start of the new week. The US opened weaker to follow on from Europe but found an intraday low and rallied into the close to brush aside the earlier weakness. The USD is back moving higher after breaking the recent downtrend leaving Gold to find some selling pressure and move lower. Copper is finding buyers while Oil fended off more selling pressure and is looking for a move higher.

Asian markets are expected to open flat after a relatively uneventful overnight session.

I remain of the view that sticky inflation is the big issue but it is now a balancing act for the Fed with the concerns for the Regional US Banks leading many to expect an interest rate pause in the coming FOMC meeting.

Some KEY ACTIONABLE LEVELS into the Asian market session. Review of the European and US sessions and what that will mean to the price action in the near term along with key levels to watch.

CLICK HERE FOR FULL ECONOMIC DATA OUT TODAY (AEDT) 27/03/23

Join Our TRADERS HUB DISCORD CHANNEL for updates and trade ideas (email tradethestructure@gmail.com for the link)


Watch the FULL REVIEW here 👇

KEY LEVELS AND MARKET OVERVIEW INTO THE ASIAN SESSION OPEN


Disclaimer: the contents of this post are presented for informational purposes only. They should not be viewed as investment advice, nor a solicitation to buy or sell any financial securities. Investments in financial products are subject to market risk. Some financial products, such as currency exchange, futures, contracts for difference, options and warrants are highly speculative and any investment should only be done with risk capital. Prices rise and fall and past performance is no assurance of future performance. Trading currency exchange, futures, contracts for difference, stocks, shares, options and warrants on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in currency exchange, futures, contracts for difference, options, stocks, shares and warrants you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with currency exchange, futures, contracts for difference, options, stocks, shares and warrants trading, and seek advice from an independent financial advisor if you have any doubts.

Do you have a comment...okay, lets hear it!!