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ON THE AIR with F.A.C.E.

On Wednesday, July 3rd, an hour after my appearance the TD Ameritrade Network, I was back on the air with Dale Pinkert and the Forex Analytix Community (F.A.C.E.). We talked about the current breakdown in the Great British pound, looking specifically at levels of importance in the $EURGBP, $GBPUSD, $GBPCAD, $GBPNZD, and the $GBPAUD.

Dale is a veteran in the business and masterful interviewer. He asked some great questions about the trading courses that I have available and how clients fare with my investment advisory services. So you learn about that too!

Enjoy the show!

Related reads: My course with The Profit Room (FaithMightFX)
Invest with Lydia (FaithMightFX)

ON THE AIR with FUTURES with Ben Lichtenstein

I kicked off the Fourth of July holiday on Wednesday, July 3rd with a special guest appearance on the TDA Network show, FUTURES with Ben Lichtenstein. It is fun talking to Ben about currency markets because he comes at it from a purely futures lens and I from a purely forex lens. For example, when we discuss the Australian dollar, he’ll say $6A_F and I’m actually referring to the $GBPAUD. I just love this juxtaposition and the insights we discuss as a result.

The central banks were front and center throughout my segment. The RBA might be done with interest rate hikes while the Federal Reserve probably cuts interest rates this month after all (see the Bloomberg story linked below) and the BoE figures out how to maneuver the latest Brexit drama. What does that mean for the summer forex market?

Watch the show below!

Lydia appears on TD Ameritrade Network
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Related reads: Aussie About To Appreciate Against The US Dollar (FaithMightFX)
The Myth of the Tight U.S. Labor Market (Bloomberg)

ON THE AIR with Futures with Ben Lichenstien

I ended the trading week this Friday morning on the TD Ameritrade Network talking as one of the guests on the Futures with Ben Lichenstein show. In light of the surprise resignation announcement of UK Prime Minister Theresa May hours before I went on, it isn’t any wonder that Ben and I discussed the Brexit, the implications of another prime minister resignation brought on by the Brexit, and what effects all of this will have on the forex markets.

We also talked about the rise of risk aversion in the markets and what that will mean for the U.S. dollar and Japanese yen as safe haven currencies. But the one safe haven that I did not mention this morning is the Swiss franc. Luckily, Dayo already wrote an analysis yesterday looking at the current trend in the $EURCHF. So read that and watch my interview below for an understanding of the new fundamental landscape in the forex markets heading into the summer trading months.

Lydia on TDA Network
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ON THE AIR with Futures with Ben Lichenstein

I kicked off the new trading week this Monday morning on the TD Ameritrade Network talking as one of the guests on the Futures with Ben Lichenstein show. Ben and I discussed the full gamut of fundamentals in the forex market for the Australian dollar, the euro, the Japanese yen, the Great British pound and the U.S. dollar.

Enjoy the interview below!

Lydia on TDA Network
Click image to watch

ON THE AIR with F.A.C.E.

The forex markets have been crap. And that’s just to say that for my trading style, I haven’t been able to trade much at all in the past several months. I know myself and I understand that the current market environment has not allowed me to trade my style. The major GBP pairs are all consolidating in the face of a now delayed Brexit, so there really hasn’t been much to do or say about the markets.

So I am thankful for the opportunity to make an appearance with Dale Pinkert and the Forex Analytix Community Experience (F.A.C.E.) during this time in the markets. I think it is important to share the ugly as well as the good in our process and to demonstrate that we don’t always make money at all times in trading. There are times when the best thing to do is really to do NO thing.

Enjoy!

If I can be of service to you, please do reach out. Happy trades!

GBPUSD Had A Correction, Might Begin Bearish Trend

Since April 2018, the US dollar has been gaining a lot against the GBP with about 2000pips. Despite several instances of oversold positions, price still continued to go lower until support level was reached in December 2018 at 1.24797. A correction started when price touched the resistance level in February 2019 at level 1.33460. Thereafter, a pullback occurred.

The trendlines have been broken to the downside. RSI shows at two different instances this year that $GBPUSD has been overbought. Before the correction in the price of $GBPUSD, it hit the middle line of the Bollinger bands. Though the candlesticks are still in the higher region of the bands, a reversal could begin, which might make price cross to the lower region of the bands. Price has low tendencies of breaking out of the resistance level 1.33406 upward. About 1000pips could favour the USD against the GBP in the next few weeks. As $GBPUSD might begin a bearish trend, it could reach the support level.

ON THE AIR with Futures with Ben Litchenstein

? I was back on the TD Ameritrade Network with the Futures with Ben Lichtenstein Show bright and early this morning ?? talking Bank of Canada, Brexit and the U.S. dollar. Ben always asks the tough questions providing a great interview of insights for viewers.

It looks like the Bank of Canada did, indeed, back down off their hawkish rhetoric as the Canadian dollar is weaker after the monetary policy announcment. The U.S. dollar is starting to react a bit to that poor U.S. trades number but the market will likely keep a muted reaction as it waits for the spotlight event of the week, the U.S. jobs number. Don’t forget about the Canadian jobs report released at the same time. Another weak economic report just may send the Canadian dollar over the cliff for good.

Watch my full segment below:

Lydia Idem on the Futures with Ben Litchenstein Show on the TD Ameritrade Network
Click the image to watch!

ON THE AIR with Benzinga #PreMarket Prep Show

I got to open up the new trading month of February with the guys at Benzinga, just after the release of the US jobs report. The headline number smashed market expectations with the U.S. economy adding 304,000 jobs in the month of January. However, the more interesting number is the decrease in hourly earnings, which is a key indicator of inflation for the Federal Reserve. It makes us wonder if the Fed is trying to get ahead of deflation with its surprise shift in monetary policy just days earlier.

We also discussed the Brexit, monetary policy and what this all could mean for the euro! (Yes, of course, we talked about the GBP too ??) Watch the full interview below!

ON THE AIR with Futures with Ben Lichtenstein

I closed out January back on the air live on TD Ameritrade Network’s show, Futures with Ben Lichtenstein. During my segment, I covered the surprise delivered by the Federal Reserve this week as they announced that they would not only shift away from gradual interest rate increases but that they would also maintain their balance sheet. This is a stark contrast from increasing rates AND unwinding quantitative easing. So on the show, we dissected the markets’ reaction to this news.

We also discussed Brexit, of course, and how Parliament is more to blame than Prime Minister Theresa May. What does all this mean for the USD and the GBP? Click to watch the segment below.

Lydia Idem on TD Ameritrade Network
Click to watch!

ON THE AIR with F.A.C.E.

For our first sterling chat of the year, Dale and I got right into my thoughts on Brexit given the upcoming vote in Parliament next week. Other highlights include:

  • What to do with those flash crash wicks?
  • USD weakness persisting but not gaining
  • Yen strength
  • Commodity currencies vs. GBP

Enjoy!

Mentioned: My 2019 Outlook (FaithMightFX)