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Hi everyone,

Hopefully you are all enjoying my tutorials on volume profile, markets structures, value trading via inter-market analysis, risk management, and many more educational articles & videos I put out there for all of you to keep growing as traders & boost your knowledge on how the Forex market works.

I am excited to announce the launching of my teachings in YouTube, every day, where you as a viewer absorb all the education I share while I discuss markets, look for trade setups, and I essentially teach you the ropes for you to become a better trader. …


A common debate when it comes to the proper interpretation of currency valuations involves the question of which element leads price. Is it fundamentals that play the main role as a precursor to establish price discovery or is it technicals that we should play the most attention as the gauge?

A common debate when it comes to the proper interpretation of currency valuations involves the question of which element leads price. …


The Daily Edge is authored by Ivan Delgado, Head of Market Research at Global Prime. The purpose of this content is to provide an assessment of the market conditions. The report takes an in-depth look of market dynamics, factoring in fundamentals, technicals, inter-market, futures and options, in order to determine daily biases and assist one’s decisions on a regular basis. Feel free to follow Ivan on Twitter & Youtube.

Would you like to experience first-hand interaction with other like-minded traders and the author? …


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The Daily Edge is authored by Ivan Delgado, Head of Market Research at Global Prime. The purpose of this content is to provide an assessment of the market conditions. The report takes an in-depth look of market dynamics, factoring in fundamentals, technicals, inter-market, futures and options, in order to determine daily biases and assist one’s decisions on a regular basis. Feel free to follow Ivan on Twitter & Youtube.

Dashboard: Intermarket Flows & Technical Analysis

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Chart Insights: Intermarket Flows & Technicals

EUR/USD: Range Establishment Post 1.1250 Demand Imbalance

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The absence of liquidity in financial markets during Monday is well expressed through the pair’s narrow 35p range. The most traded pair in the forex universe has validated the first up-cycle structure for weeks, even if from a 4h chart and above, it would still warrant caution as the structure is still a wide a 1 cent range between 1.1340–50 down to 1.1250 with 1.13 the anchoring midpoint to pivot from. At the moment, with back-to-back hourly rejections off this round number and a 25-HMA still exhibiting an upward slope, one could make the case for active interest to buy on dips as the hourly cycle pans out. In terms of intermarket flows, there is an absence of cues to be obtained from yield spreads or even the German yield as a proxy for the EU growth outlook as the moves have been extraordinarily stagnant in the last 24h. Even the 5-day correlation coefficients both show an evident detachment between the performance of yields and the EUR/USD price action, which results in a market that is temporarily technically-driven. …


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The Daily Edge is authored by Ivan Delgado, Head of Market Research at Global Prime. The purpose of this content is to provide an assessment of the market conditions. The report takes an in-depth look of market dynamics, factoring in fundamentals, technicals, inter-market, futures and options, in order to determine daily biases and assist one’s decisions on a regular basis. Feel free to follow Ivan on Twitter & Youtube.

Would you like to experience first-hand interaction with other like-minded traders and the author? …


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The Daily Edge is authored by Ivan Delgado, Head of Market Research at Global Prime. The purpose of this content is to provide an assessment of the market conditions. The report takes an in-depth look of market dynamics, factoring in fundamentals, technicals, inter-market, futures and options, in order to determine daily biases and assist one’s decisions on a regular basis. Feel free to follow Ivan on Twitter & Youtube.

Quick Take

Anyway you slice it, the short term conditions in financial markets have fully transitioned into a blossoming state, with the environment characterized by ‘true risk-on’ as depicted by the surge in US equities coupled with further supply in US bonds (higher yields). …


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The Daily Edge is authored by Ivan Delgado, Head of Market Research at Global Prime. The purpose of this content is to provide an assessment of the market conditions. The report takes an in-depth look of market dynamics, factoring in fundamentals, technicals, inter-market, futures and options, in order to determine daily biases and assist one’s decisions on a regular basis. Feel free to follow Ivan on Twitter & Youtube.

Quick Take

Markets have temporarily stripped out the gloomy macro outlook of decelerating growth and low inflation as G10 yield curves demonstrate, to instead revert back to positive microflows. It may last hours or days, but what’s clear is that there is still a major divergence between the macro risk profile, one that still keeps the pendulum on the caution side, while the short-term is more optimistic as US official continue to sound rather upbeat about an eventual US-China trade deal. …


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The Daily Edge is authored by Ivan Delgado, Head of Market Research at Global Prime. The purpose of this content is to provide an assessment of the market conditions. The report takes an in-depth look of market dynamics, factoring in fundamentals, technicals, inter-market, futures and options, in order to determine daily biases and assist one’s decisions on a regular basis. Feel free to follow Ivan on Twitter & Youtube.

Quick Take

The ‘risk-off’ regime we’ve gradually transitioned into since mid last week still remains in place, with some minor signs of abating via equities not yet providing enough technical evidence to shift the focus back to bid risk. Unless the equity bounce is backed by yield curves or a significantly weaker DXY, I wouldn’t read too much into the late US equity rally as to single-handedly be able to revert the fortunes of what’s an otherwise still cloudy outlook. …


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The Daily Edge is authored by Ivan Delgado, Head of Market Research at Global Prime. The purpose of this content is to provide an assessment of the market conditions. The report takes an in-depth look of market dynamics, factoring in fundamentals, technicals, inter-market, futures and options, in order to determine daily biases and assist one’s decisions on a regular basis. Feel free to follow Ivan on Twitter & Youtube.

Quick Take

The equity market has shown some credible technical cracks, and since the pendulum was in a transition from ‘risk-on’ dynamics into cloudier terrains, that’s all it took for the likes of the Yen and the USD to top the leaderboard. …


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The Daily Edge is authored by Ivan Delgado, Head of Market Research at Global Prime. The report takes an in-depth look of market dynamics, factoring in fundamentals, technicals, inter-market, and options, in order to determine daily biases and assist one’s decisions on a regular basis. Feel free to follow Ivan on Twitter & Youtube.

Would you like to experience first-hand interaction with other like-minded traders and the author? Join our discord room, a place for all to hang out and get to know each other while trading the markets.

Quick Take

The US Dollar has been catapulted to new highs for the month, even if the reinvigorated rally is far from enjoying a positive backdrop if we look at US government yields. The micro and macro flows through US fixed income portray a much uglier picture not backing the USD strength story. …

About

Global Prime Forex

Global Prime is a Forex and CFD provider specialising in low latency connectivity to tier-1 bank liquidity/ECNs https://www.globalprime.com

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