Fundamental: Last news from the US was bullish for DXY and accordingly bearish for our pair. Watch out for Wednesday as FOMC news will take a place there. Technical: Last 40-45 days EU price was between 1.19 and 1.17 range. These figures were not only channel as you can see, support and resistance lines also. We have to wait reversal signal at the bottom of the...
What are your thoughts about oil? is it ready to go up or still not enough demand in the market?
Do you guys think it will keep rising or getting ready to short? I am waiting for confirmation to short this one.
As DXY will rise as per my analyses and the global economy is recovering still there is a room for Gold to visit the 1600$ price range. It's not any trading or investment idea.
it is not any trading or investment idea. Only my personal analysis.
As everyone knows US economy recovery is moving faster than other countries and FED is tapering will be sooner comparing to ECB also. I am seeing the rise of USD till 100 within the next 6 months time. It's not any investment or trade idea, just for academic purposes only.