Euro hit 3650 and eur/gbp 8930. Target met. Whatever the main trend and future development. We can still steal some on our own way. Will try some buying on euro and usd/jpy here but not Gbp as I hope it will go below 1.52. No big deal. Just sacrifice some profit if wrong.
Ashraf, Thanks for the comment. Not a good one but surly not that bad. Not every prediction will work out for big profit. I understand that. keep on your good work!
Xaron, I have been shorting eur/gbp and I don't see it is good to buy here. the previous swing low has broken and the next target will be 8930 and then 8860. Does't matter whether it will be parity later on. Just not good to buy at the moment. Of course, that 's just my style. Sure, Gbp and also euro/gbp has moved up over a weekly average range and euro has more to fill. Might be a short bet on this.
AUD/NZD short has not been a very good set up as calling is under 12900. It has gone up more than 200pips and the holding interest will add nearly another 200pips till now. Maybe good for trading without leverage...
The possibility for a circle bottom in euro aiming 1.38 worked out. Usd index is still hovering here but under 80/79.80 will finished a circle top as well. Technical analysis and price action on candle sticks give good indication at the current market. One can only will if throw the bias as forget the previous trend and just follow the current one especially for short-term traders. 1.3850 is the next target for euro. Aud and Cad is so strong and Cad under 1.02 means a lot and acting as a ceiling now. 91.50 for usd/jpy. Yes. Gold is not clear and will be consolidation will continue but I see 1080 will be good to buy again. No intension to guide the others but just some opinion for reference.
Euro is the main contributor for strong USD index. It has little impact on other currencies especially for commodity pairs nowadays. Shorting these pairs on mediate and long term is not a good idea to me. If you would like to short, then choose Euro and Gbp. If you would like to long, then long Aud and Cad. Just my opinion.
The previous high will stand like a floor from the technical point of view. It will hardly drop below that and the interest paid for holding AUD short is terrible.
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ما وراء هبوط الدولار مع الذهب و من منهما يتمكن الارتداد؟
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
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Gold, Yields & Nasdaq
Yields are breaking down, and may potentially extend towards 4.32%, which could imply further gains in XAUUSD and NASDAQ, depending on the outcome and inner details of the CPI. EURUSD...
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Thanks for the comment. Not a good one but surly not that bad. Not every prediction will work out for big profit. I understand that. keep on your good work!
I have been shorting eur/gbp and I don't see it is good to buy here. the previous swing low has broken and the next target will be 8930 and then 8860. Does't matter whether it will be parity later on. Just not good to buy at the moment. Of course, that 's just my style. Sure, Gbp and also euro/gbp has moved up over a weekly average range and euro has more to fill. Might be a short bet on this.
Technical analysis and price action on candle sticks give good indication at the current market. One can only will if throw the bias as forget the previous trend and just follow the current one especially for short-term traders. 1.3850 is the next target for euro. Aud and Cad is so strong and Cad under 1.02 means a lot and acting as a ceiling now. 91.50 for usd/jpy. Yes. Gold is not clear and will be consolidation will continue but I see 1080 will be good to buy again. No intension to guide the others but just some opinion for reference.