OANDA Senior Market Analyst Kelvin Wong joins Jonny Hart to discuss the persistent US dollar bearish trend in the near to medium-term especially on the USD/JPY. Implication on the minutes of RBA’s restrictive monetary policy where it restarted interest rate hike restarted in Australia. Key technical levels to watch on WTI crude after an accumulated decline of -23% from the September 2023 high, and rumors of an extended supply cut from OPEC+ members in the upcoming cartel meeting this Sunday, 26 November.
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Kelvin Wong
Passionate about connecting the dots in the financial markets and sharing perspectives around trading and investment, Kelvin Wong is an expert in using a unique combination of fundamental and technical analyses, specializing in Elliott Wave and fund flow positioning, to pinpoint key reversal levels in the financial markets.
In addition, over the last ten years, Kelvin has conducted numerous market outlook and trading-related seminars, as well as technical analysis training courses, for thousands of retail traders.
Latest posts by Kelvin Wong (see all)
- Gold Technical: Medium-term uptrend damaged, spooked by rapid rise in 10-year US Treasury yield - 14 November 2024
- Hang Seng Index: Medium-term bullish trend in jeopardy after China stimulus disappoints - 12 November 2024
- AUD/USD: “Trump Trade” overshadowed a cautiously hawkish RBA, at risk of further downside - 8 November 2024