Senad Karaahmetovic
Senad Karaahmetovic
Senad has been actively engaged with the world of the financial markets since 2011. He has gained significant knowledge and experience by trading Forex, stocks, commodities, and cryptocurrencies. Furthermore, he also provided signals and market analysis to different clients. An MA degree in International Relations and Public Diplomacy equips him with a specific skill set to better understand global trends and how they impact the markets. He is an avid lover of sports, mainly football and racing. Senad is a proud father and husband.

Dow Jones

S&P 500 Hits Fresh Record Highs

Bloomberg reported today that U.S. Treasury Secretary Steven Mnuchin is open to loosening regulations for banks.

According to Bloomberg reported, Mnuchin said that “the banks have raised an issue around intra-day liquidity, and that is something that makes sense for regulators to look at”.

S&P 500 has meanwhile hit the fresh all-time high of 3047.9, before retreating below the previous high of 3044.1. The 3100 handle, which is the 127.2% Fibonacci extension of the October 2018 - December 2018 correction lower, remains the main target for the bulls.

On the downside, the down-slipping trend line that connects the recent swing highs comes at 3013.

Continue reading with a free membership account. It takes seconds to create.

[nextend_social_login style="icon"] Register


Consensus Made on Elections Date, EURGBP Moves Lower

The Labour Party has agreed to support the bill, under which UK will go to new elections in early December. As a result, the pound has moved higher, pushing EURGBP to new weekly lows. Don’t miss a beat! Follow us on Telegram and Twitter. The leader of Labour party, Jeremy...

Continue reading with a free membership account. It takes seconds to create.

[nextend_social_login style="icon"] Register


AUDUSD

AUDUSD Trades Above 100 DMA Ahead of AUS CPI

AUDUSD is up on the day as it currently trades above the 200 DMA, ahead of the key CPI figures from Australia. The price action is also testing the underside of the trend line around the $0.6860 mark. Don’t miss a beat! Follow us on Telegram and Twitter. CPI data [...]
DAX index

DAX Index Retreats Lower, Tests First Support

DAX Index has retreated 0.3% lower this morning, following the footsteps of FTSE 100, ahead of another British Parliament vote later today. The index is now testing the first horizontal support following the creation of a fresh 4-month high of 12986 yesterday. Don’t miss a beat! Follow us on Telegram [...]
ZAR

Fresh 16-Year Unemployment Rate High Sends USDZAR Higher

USDZAR has pushed around 0.7% higher after the South African unemployment rate for the second quarter of 2019 hit 29.1%, a fresh 15-year high. The reported figures are in line with the market expectations, while the unemployment rate for Q1 was reported at 29%. Don’t miss a beat! Follow us [...]
Dow Jones New York Stock Exchange

FTSE 100 Drifts Lower Ahead of New Commons Election Vote

FTSE 100 drifted lower at the London open ahead of PM Johnson's fourth attempt to go to early general elections in December. After it created a fresh 4-week high of 7347 yesterday, FTSE 100 has dropped to below 7300 this morning. Don’t miss a beat! Follow us on Telegram and...

Continue reading with a free membership account. It takes seconds to create.

[nextend_social_login style="icon"] Register


GBPUSD Moves Higher Despite Another Parliament Blow

GBPUSD closed 0.26% higher yesterday despite the fact that British MPs rejected PM Johnson's bill to hold elections on December 12. The pound still trades between two important - support and resistance - levels. Don’t miss a beat! Follow us on Telegram and Twitter. Despite the support of 299 elected [...]
ECB Preview Mario Draghi

EURUSD Attacks Resistance as Draghi Speaks

EURUSD is still attempting to break the diagonal trend line resistance below the $1.1100 handle as outgoing ECB Governor Mario Draghi speaks at a farewell event. Don’t miss a beat! Follow us on Telegram and Twitter. EURUSD is up 0.15% on the day as Draghi holds his farewell event in...

Continue reading with a free membership account. It takes seconds to create.

[nextend_social_login style="icon"] Register


AUDGBP

AUDUSD Trades in a Tight Range Ahead of AUS CPI

AUDUSD has been consolidating for the past few days after the pair broke important short-term support around the $0.6830 mark. Australian Bureau of Statistics is scheduled to release fresh CPI figures on Wednesday. Don’t miss a beat! Follow us on Telegram and Twitter. Unlike other commodity currencies, AUD has been [...]