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15th April - FXTP Monday Market Update - Anyone looking for a reason to short Ryanair?



Take a read of this piece in the Irish Times if you want to understand the reason for todays heading.


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Hello Traders,


Thanks to those of you who joined us today. I should reiterate that the Monday Market Update is just that. A big picture overview of the markets, with a few 'charts of interest' thrown in. There are no trade recommendations, this is not a signal service, nor trade recommendations - just what I am looking at and interested in.


Today we took a look at; FX STAM, S&P 500 Heat Map ($SPY), SPDR Select Sector Fund Financial ETF ($XLF), Ryanair ($RY4I1!), and Netflix ($NFLX).


 

We also covered the usual suspects: $DJIA, $NDX, $SPY, $RTY, $DAX, $FTSE, $N225, $WTI, $XAUUSD, $XAGUSD, $BTCUSD, $USD, $DXY, $JPY, $AUD, $CHF, $NZD and $GBP.


Have a great trading week, and I’ll see you next Monday at 1230.


Trade well,

Paul


You can still join the VTP and access the Online Stage 1 Introductory Traders Course

Our preferred broker is: ActivTrades

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