FocusInvestor

FocusInvestor

with recent comment from ECB with dovish tone and resistance at hourly 50 MA, it is a good time to short OANDA:EURUSD with SL @ 50 pip and target minimum of 100 pip. it maybe a begining of a long term trend reversal, with COT data show overbought level of speculator holding EUR, at all time high since april 2017

FocusInvestor Updated 

FX: a chance to trade. eur usd was drifting lower near resistance line in a correction wave. watch for reversal pattern to initiate trade @ 1.18200 to catch the uptrend. watch bullish engulfing bar /doji / morning star pattern to initiate bullish trade. TP1 @ 1.1867 TP2@ 1.1915 TP3@ 1.19752

FocusInvestor

USDWTI is forming symetric triangle with breakout imminent. either break upside or downside. With huge movement was predicted happen at wednesday 30 aug when US crude oil inventory data was going to be released

FocusInvestor

eur over valued to usd. the COT report post net long EUR at over bought level the Draghi speech is hte momentum where the chance to short the EURUSD present it self risk: 2% Risk reward ratio: minimum 1 to 3