Alejandro Zambrano
Head of Training Academy
Before ThinkMarkets, Zambrano was Chief Market Strategist at several top firms, starting his career in London's financial sector in 2009.
He has developed premium educational programs, with thousands attending his courses. A sought-after speaker, he is frequently quoted in the financial press and has hosted seminars across China, Singapore, Mexico, Malaysia, Lebanon, Italy, Greece, Sweden, Dubai, and the UK.
Market News (100)
On Wednesday, U.S. ADP employment data showed 146,000 new jobs were added, slightly below the expected 152,000 and significantly less than the 233,000 jobs added last month.
With the Thanksgiving holidays, market activity was either quiet or erratic, a common pattern when liquidity dries up and there is no new and important news underpinning market movement.
Last week was a good one for traders, with clear trends continuing. Bitcoin surged towards the 100K mark, climbing sharply from around 88K. Solana reached a fresh all-time high.
With Thanksgiving and Black Friday approaching, it’s an ideal time to revisit seasonal strategies, as early success could pave the way for December's typical Christmas rally.
Trump's election victory the week prior drove last week's trading activity.
EUR/USD has reached a 2024 low of 1.0508, with traders eyeing the 2023 low of 1.0447 as the next significant level.