EUR/USD Daily Chart Analysis For Week of September 8, 2023Technical Analysis and Outlook:
The Eurodollar drifted lower in this week's trading, completing our Outer Currency Dip of 1.070. The continuation to the extension of the Pivotal Down targets 1.062 and 1.050 is in progress; however, an intermediate rebound Retest to Mean Res 1.080 is possible.
Bricks
+1032% Since Aug 1st 2019Goodness... I completely forgot we live in a brick and mortar discount store world... Can't argue with the changes they have made, however way too much way too fast. Straddles are probably the best way to create a value in your portfolio. I see zero chance this is at the same price in 30 days, whether it goes to 2 or 20 is irrelevant.
*I am short (getting smoked)
**Bought option protection (less smoked)