Show panel Hide panel

Best wins View all achievements

Show panel Hide panel

Last 3 posts Show blog

Avatar

GBP/USD Channel


Looking at the chart above, you will notice that price tried to breakout the downward descending channel but after three successive failed trial, I believe it is targeting the lower channel. I cannot rule out a possible break out of the descending channel which will invalidate the trade.
Die komplette Geschichte lesen
Übersetzen in Englische Sprache Zeige Original
oderum Kommentare zu hinterlassen
Avatar

GBP/CAD Channel Formation

I believe GBP/CAD will touch the downward trendline after breaking the support point at 1.62900 but I cannot rule out the possible break of my descending trendline at 1.6370
Die komplette Geschichte lesen
Übersetzen in Englische Sprache Zeige Original
oderum Kommentare zu hinterlassen
Avatar

USD MELT DOWN POST FOMC

I still regard any EUR/USD upside above 1.0750 as unsustainable, in particular as there is limited room of further adjusting monetary policy expectations. I expect EUR/USD to target new yearly lows in the coming few weeks.
Die komplette Geschichte lesen
Übersetzen in Englische Sprache Zeige Original
oderum Kommentare zu hinterlassen