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Euro's Dead Cross
EURUSD's downtrend is now confirmed after its 50-day MA has fallen below its 100-day MA, strengthening the bearish technical signal with an already deteriorating fundamental foundation.
You deserve a lot more than that..
Syed
Can't quite believe it myself. This was all shorting cable, EUR/USD, and a bit of gold.
There would have been other opportunities but I had my hands full with those.
Yesterday was 5%.
Admittedly made no gains the previous 1st 3 days of this week, but today more than made up for it.
Some skill I guess, and probably a lot of luck, but I had the confidence in essential direction and goals because of Ashraf's expert guidance, which was the main factor.
I've had another go at voting, but I don't think it will count because I wasn't signed up for Twitter _before_ the Shorty Awards started, and the "small print" of the rules means that such a vote will be excluded. A great shame.
In the Euro cross article, your target is 1.38. In your comments below , you also mentioned 1.27, is this the final target or a typo? THanks
Ashraf
"now we are most probably entering the risk bear leg which will not make new lows necessary. "
what do you mean by "which will not make new lows necessary." ?
Do you mean there will be no more lows in USDX (for this leg)?
Till where can rise DXY ? What are the support and resistances near term ?