HotForex’s Senior Currency Analyst Stuart Cowell explains two trading cases: a buy setup in uptrends , and a sell setup in downtrends. all regarding about multi time frame analysis.
Disclaimer: Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of purchase or sale of any financial instrument.
Editors’ Picks
EUR/USD eases below 1.0900 amid cautious mood
![EUR/USD eases below 1.0900 amid cautious mood](https://editorial.fxstreet.com/images/Markets/Currencies/Majors/EURUSD/money-59004818_XtraSmall.jpg)
EUR/USD has erased gains to trade on the back foot below 1.0900 early Tuesday. The pair treads water amid a cautious market mood, as traders weigh the US political updates and China slowdown worries. The US Dollar remains subdued, in the absence of top-tier economic data.
GBP/USD drops toward 1.2900 as US Dollar looks to stabilize
![GBP/USD drops toward 1.2900 as US Dollar looks to stabilize](https://editorial.fxstreet.com/images/Markets/Currencies/Majors/GBPUSD/iStock-900067218_XtraSmall.jpg)
GBP/USD is dropping toward 1.2900, lacking firm direction in European trading on Tuesday. The US Dollar looks to stabilize after the early decline, weighing on the pair. Traders await mid-tier US housing data for fresh trading impetus.
Gold price struggles to gain ground amid mixed fundamental cues
![Gold price struggles to gain ground amid mixed fundamental cues](https://editorial.fxstreet.com/images/Markets/Commodities/Metals/Gold/gold-nuggets-14424039_XtraSmall.jpg)
A combination of factors drag the Gold price lower to nearly a one-week low on Tuesday. Bets that the Fed will cut rates in September could lend support and help limit losses.
Bitcoin price struggles around $67,000 as US Government transfers, Mt. Gox funds movement weigh
![Bitcoin price struggles around $67,000 as US Government transfers, Mt. Gox funds movement weigh](https://editorial.fxstreet.com/images/Markets/Currencies/Digital%20Currencies/Bitcoin/bitcoin_forex_XtraSmall.jpg)
Bitcoin (BTC) struggles around the $67,000 mark and declines by 1.7% at the time of writing on Tuesday at around $66,350. Bitcoin spot ETFs saw significant inflows of $530.20 million on Monday.
Big tech rebound ahead of earnings, Oil slips
![Big tech rebound ahead of earnings, Oil slips](https://editorial.fxstreet.com/images/TechnicalAnalysis/Volatility/Bands%20(bollinger)/stock-market-graph-gm532464153-55981218_XtraSmall.jpg)
Tesla and Google are due to report earnings today after the bell, and their results could shift the wind in either direction. Despite almost doubling its stock price between April and July, Tesla sees appetite for its cars and its market share under pressure.
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