Weekly Market Wrap: Inflation is Boosting Commodity Plays!

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For our weekly market wrap, we go through some of the trade calls and analysis from last week, which gives us valuable insights for the week ahead.

We cover 3 main markets with a total of 200+ counters, so we will never run out of trading opportunities:

• Forex, CFDs, commodities, bonds
• US stocks, ETFs, global stock indices
• Cryptocurrencies, crypto indices

By covering a broad range of markets, we can focus our attention (and capital) on whichever market currently gives the best returns.

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Forex & Commodities Market Highlights

Product: Forex
Name: Aussie Dollar / Swiss Franc
Ticker: AUDCHF
Exchange: N/A

Analysis: Not the strongest trade around, but since this is in a range and near support, there is a chance it might rebound from here.

EP: 0.6550 to 0.6600, or on pullbacks
SL: 0.6500
TP: 0.6778 +

 

The commodities ETF (GCC) in my portfolio has been doing very well in a rising-inflation environment.

 

Product: Commodity ETF
Name: KraneShares Global Carbon Strategy ETF
Ticker: KRBN
Exchange: NYSE

Analysis: This has continued to climb strongly with very small pullbacks, and recently broke out of a small ascending triangle.

EP: Buy on any pullbacks
SL: $50
TP: $60+++

 

Stock Market Highlights

Everything still moving according to plan on the NASDAQ 100 (US 100).

 

Product: US Stock ETF
Name: S&P 500
Ticker: US500
Exchange: N/A

Analysis: Long-term trend is still sideways or bearish, but the medium-term is forming a small bull flag, which could bring prices to test prior highs.

EP: $4520 to $4550
SL: $4430
TP: $4730 to $4830

 

Crypto Market Highlights

Product: Cryptocurrency
Name: Bitcoin
Ticker: BTCUSD
Exchange: N/A

Analysis: Now tat Bitcoin has shifted to an uptrend, we should be looking to buy on pullbacks.

EP: Buy on any pullbacks
SL: $40000
TP: $50000+++

 

Product: Cryptocurrency
Name: Crypto.com token
Ticker: CROUSD
Exchange: N/A

Analysis: This token is making a strong comeback, and is backed by strong fundamentals, with their debit card business.

EP: Buy on any pullbacks
SL: $0.40
TP: $0.80+++

 

Click here to receive all these signals in real-time for only $67 a month! You will get several signals a day, and even taking just 1 trade the whole month can easily cover the fee, so what are you waiting for?

Good luck, and may next week bring more excellent profits!

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