20th March: FXTP Monday Market Update: Banks imploding like a Fulham FA Cup run!

(With apologies to Fulham FC Fans)

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. It’s not a signal service nor tipping service – just what I am looking at and interested in.

Today we took a look at: FX STAM, Credit Suisse ($CS), UBS Group (|$UBS), First Republic Bank ($FRC), SPDR Financial ETF ($XLF), Deutsche Bank AG ($DB).

We also covered the usual suspects: $DJIA, $NDX, $SPY, $RUSS, $DAX, $FTSE, $NIKKEI, $WTI, $XAUUSD, $BTCUSD, $USD, $DXY, $JPY, and $GBP.

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

Trade well,

Paul

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