Senior Market Strategist
Russell Shor is a Senior Market Strategist at FXCM, having been promoted to the role in 2025 in recognition of his depth of insight and consistent delivery of high-impact market analysis. He originally joined FXCM in October 2017 as a Senior Market Specialist.
Russell holds an Honours Degree in Economics from the University of South Africa, is a certified FMVA®, and a full member of the Society of Technical Analysts (UK). With over 20 years of experience in financial markets, his work is renowned for its clarity, precision, and strategic value across asset classes.
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The left chart show's the GER30 daily heikin ashi (HA) candles. Over the last six trading sessions, the index has battled and failed to overcome overhead resistance around the 14,550 level (red shaded horizontal). HA candles are trend-following in nature, and the latest candle has turned red after the index reaction off of resistance - a bearish development The righthand hourly chart has bearish signals. The EMAs have turned down,…
The left chart shows the daily heikin ashi (HA) candles for USOil. A trend-following indicator, it is blue and crossing into USOil's bullish area, between the upper blue and red bands. The hourly chart on the right has bullish signals. The EMAs have crossed positively, and the stochastic has turned up (black ellipses). If the EMAs develop angle and separation to the upside, and the stochastic moves toward the 80+…
Bitcoin weekly triangle continues.
USDOLLAR battles against overhead resistance, despite hawkish comments.
In today's "Morning Market Review," we look at the spike in volatility in the oil market. The current range is higher than when lockdown began back in 2020.
Bitcoin spikes as significant short position reportedly covered.
In today's "Morning Market Review," we examine the indecision prevalent in the market. Gold has an uncertain candlestick, as do the risk markets. The prospect of stagflation still threatens as oil prices climb. Moreover, a worry persists that the Fed will hike aggressively into this stagflationary environment.
Despite showing some resilience the EURUSD has started to roll over.
Short-term traders need to align with the daily participants for the index to appreciate further.
Bitcoin moving averages will help determine when a trend is present.
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