#eth as a bearish mark.#eth as a bearish mark.
Based on this technical analysis it looks like it will fall there in case of economic turmoil.
What do you think guys?
Turmoil
ORBEX: USDTRY Makes A Difference! EURGBP How Much More Down?In today's #marketinsights video recording I analyse #EURGBP and #USDRY
#EURO and #POUND pressured from Stronger DOLLAR:
- Following Trump transcript release
- Partial deal with Japan
- Close US-Sino deal Trump comment
- ECB's Germans board member quitting
#EURO also pressured from:
- Spanish PPI
- US-EU tensions
- EU-UK tensions
#POUND also pressured from:
- BoJo's comment to leave whatever it takes
#TurksishLira supported by:
- Weaker oil
- Positive sentiment after IMF report
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice
USDJPY seems to be tricking youAfter my YEN call "USDJPY emergency on air", 103.974 looks very nice as a target, considering the current turmoil that's not over works great as a refuge.
Remember the previous idea:
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Cream Live Trading, Best Regards!
Wait for the signBTC falls big. I jumped into buying before my signal actually signaled. (Coppock crossing its SMA).
Why? FOMO took over (miss the big rally). Lesson: during big turmoils WAIT for the signal.
China in turmoil means money for usAfter the crash of the chinese stock market (which happened twice!), a BUY oppourtunity up seems like a very strong opportunity that exist. Currently USDCNH is in a pendent formation. My bet is that it will go
I've personally never traded this pair before, however it is a rare opportunity and possible capitalization exists.
