Forexmospherians
EURUSD 12 Jun 2020 Friday thoughts We are facing weekends. But the degree is high on forex market still.
Imho it is downside story, but seems some sharks are against still.
We have got a lot of bearish structures, but to be sure of it we need one thing. To close under 1.1240.
Hope to see it soon anyway. Cheers! Pls apply your own trading and mm rules in any case.
EURUSD 08 Jun 2020Options volume cut in NY 10 a.m. today mostly 70 pips lower, with lack of other interest can be a magnet imho.
Until it above 1.1196-1.1181 it is still bullish world, but things can change dramatically as we all know. I'll risk to play against bulls.
Pls aplly your own trading and mm rules in any case.
Cheers!
EURUSD 29May2020 Friday thoughts Trend is bullish. Brave bears can try to short here under 1.1121 with tgt at 1.1028, but pls use mm rules.
Resistance 1.1121 the last bears fort for some quick price fall. Next is already 1.1164.
Main and key dividing everything support at our old level 1.0991, while it holds on daily it is bullish all the way now.
Buy dips is the best game in town imho on daily basis ? And 1.1028 seems ideal spot atm with stop under 1.0970 for core longs trading. Pls apply your own trading and mm rules in any case. Cheers!
Cable 29May2020 Mixed expectations stillYesterday I was a bit in a hurry with such brave call for a sudden fall, but still mixed view.
While it stays above purple ma it is bulls game, if we get under then we must closely watch support at 1.2237.
Pls apply your own trading and mm rules in any case.
Cheers!
EURUSD 28May2020 trade plan Trend - bullish
Facts - DXY protected by horizontal support line at 98.81, once broken we can expect sharp fall of USD?
From minor we can see that test of 1.0980 can not be ruled out, so imho it is best place to try long eur / short usd trade.
I do not want to sell here cus it is against the trend, but 1.1069 and 1.1103 are spots to think about (1.1103 better :))) )
In any case pls apply your own trading and mm rules.
Cheers!