(AI Video Summary)

Previous GBP/USD, Brent crude and EUR/CHF trading outcomes

In this week's episode of "Trading the trend", Axel Rudolph discusses recent trades that he's conducted in forex and commodities. The long position on GBP/USD (cable) since 20 March experienced initial gains, followed by losses, but avoided a stop-out, aiming for a break-even exit.

The Brent crude oil trade initiated on 27 March yielded substantial profits, advised for cashing in at current prices.

The long EUR/CHF position showcased strong trends that are now showing signs of potential reversal due to negative divergence, prompting profit-taking.

This week's trading opportunity

This week, Rudolph's recommendation is to short soybean futures, based on a break through an accelerated uptrend line and past lows, signaling a sell with a stop loss above the March high at 1,235, and a downside target at 1,135.