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Dollar Stability Choppy & Temporary
The dollar's much anticipated stabilization is bound to be choppy at best
Ashraf
The stock market is up today......hedge fund is looking for news to long USD now...
Yesterday, Yen was rising a lot.....Japanese government had comment on Yen....which curb Yen strength further...
BOE didn't announce QE.....hedge funds are having meeting now.....
Why does it seem that the Dollar crosses ( GBPUSD, AUDUSD and NZDUSD) are lacking direction today?
Mojo.
But ashraf your minimal risk strategy for sterling today was well called for.
So following this BoE announcements just now, is GBPUSD a sell at 1.6220?
What do you think?
Thanks,
Jay.
I am trading FOREX and commodities for last 4 years. I usually keep Fibbonacci greeds.Wave and some oscillators at my arsenal.I need your valuable advice regarding Fibbonacci.Can you refer some materials to gather more knowledge regarding Fibonacci trading structure.
Regards,
Rajib.