Broken resistance, EURJPY continues the long phase. Eyes pointing at various levels 128,108, 132,185, 136,641, and so on... let's go Euro as long as it lasts
It seems that silver has come to an old resistance. I've been watching its descent for a long time waiting for this crucial point to come and now that the resistance has not been overcome it's time to get into action. I see a good chance so I opened my long position on xagusd
Wrecking in financial markets is very easy. Based on the idea that there is a relativity for everything according to the observation point, I assert that a movement of a financial instrument can be interpreted in various ways; sometimes you guess the right direction of a movement, sometimes you are wrong. Wanting to steal a quote from Zygmunt Bauman, we could say...
The US dollar hit a one-month high against the yen on Tuesday, its highest since March 21. The latest US economic indicators to be released remained underwhelming. Despite the lacklustre data, the US dollar has managed to rise due to expectations that the Federal Reserve would hike interest rates again soon, but it the indicators ramin weak investors could...
From my point of view swing trading resembles a lot to swimming in the open sea. You leave the shore to reach an island in the sea; sometimes the current is benevolent and helps you get where you want to go, but other times the sea is so rippled that the waves blow you up and down. When you're down there, wide offshore, the shore may seem very distant. In...
I opened the short position on usd / jpy on April 14, 2017 at the price level 108.855 The financial instrument has moved a few points throughout the week closing the week at the price level 109.070 (-213 points) Due to the French elections the cross opened the new week with a gap of 1450 points. The idea is that the Japanese bank, frightened by the events,...