EUR/USD & GBP/USD - Is the Bull still alive...
After the Trump tariffs gap last week, the EUR/USD and GBP/USD experienced a significant gap down but recovered nicely. GBP/USD positions were closed at a small profit to protect overall risk but still holding long positions on the EUR/USD and continue to look for 1.0600 as long as price does not exceed 1.0200.
Expecting some volatility this upcoming week especially with Fed chairman Powell testifying on both Tuesday and Wednesday. Will keep an eye on price action and it's development.
Aside from FX, still holding SOXL and looking for the gap to be filled but keeping a close eye on the breakdown below $24.
Good Luck & Trade Safe.
Expecting some volatility this upcoming week especially with Fed chairman Powell testifying on both Tuesday and Wednesday. Will keep an eye on price action and it's development.
Aside from FX, still holding SOXL and looking for the gap to be filled but keeping a close eye on the breakdown below $24.
Good Luck & Trade Safe.
•NYC Trader of 15 Years in the markets
•Need Help Trading? internaltrader.com/helptrading
•Need Help Trading? internaltrader.com/helptrading
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
•NYC Trader of 15 Years in the markets
•Need Help Trading? internaltrader.com/helptrading
•Need Help Trading? internaltrader.com/helptrading
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.