Master trader and instructor, Eric Ochotnicki talks to Merlin about the current “Risk-Off” environment and what it means for long term investors. The duo take a look at why the ProActive investor XLT program uses 3 different portfolios and why it’s important you choose the correct one! Eric also offers his thoughts on some key levels where buying into the market might make sense.
Editors’ Picks
AUD/USD: The constructive outlook persists for now
AUD/USD gave away part of its recent strong rally and flirted with the 0.6850 region on the back of the firm performance of the US Dollar as well as the persistent risk-off mood in response to increasing geopolitical jitters.
EUR/USD: the 1.1000 region is expected to hold the downside
EUR/USD retreated for the third consecutive session on turnaround Tuesday, this time on the back of further gains in the Greenback and the generalized offered stance in the risk-linked universe.
Gold looks firm around $2,670 on Israel-Iran crisis
Gold prices maintain their bullish bias around the $2,670 region per ounce troy on the back of increasing tension in the Middle East after Iran launched a missile attack on Israel.
Bitcoin dips below $63,000 amid neutral traders' sentiment shown by on-chain metrics
Bitcoin (BTC) extends correction and trades below $63,000 at the time of writing on Tuesday, approaching a key support level after dipping more than 3% the previous day.
RBA widely expected to keep key interest rate unchanged amid persisting price pressures
The Reserve Bank of Australia is likely to continue bucking the trend adopted by major central banks of the dovish policy pivot, opting to maintain the policy for the seventh consecutive meeting on Tuesday.
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