UC GOING DOWN Forex market is obviously lacking direction while it waits for the U.S data points. Investors / traders are pinning some of their hopes on FOMC’s minutes from the Federal Open Market Committee (FOMC) . With enormous tension diminishing in the wake of China’s decision last week to devalue its currency, the market is shifting her focus to U.S...
Business as usual -if market condition remain the same? we are hoping to see AJ decline a little more
UJ is still the most strongest and powerful - make no mistake people
EUR seems to be harking to Market normal reaction, so if Market condition remain the same? we'll definitely see 1.10535 -> Finger Cross :)
Be careful and make sure you monitor your trade. In case you are wondering where your TP should go? I will recommend : 0.73423 to be safe and possibly TP2 @ 723399 - I suggest you exit quickly here and watch out for the possibility of going North-Pole again up to 0.74453 and then back south again- decline will continue but few bumps along the way :)...
GU Broke 1.56 and took us Long - but bear in mind that the short position is still stand - Great is GU fall having complete the 1.57 / 1.58 circle - then it shall kiss south-pole (significant move in the next 25 minutes)
EU Is fast asleep but will wake up at destination : 1.07 south EU is still bearish - despite of all the noise and bull-shooting..
After the whole commotion and noise today with plenty of news GU manage to get back to where she belong (South) if the market condition remain the same- Overall GU is still heading South if it stays below 1.56520 but will take us LONG (NORTH) position if it breaks 1.56520. Only the hit of 1.56520 will cancel the bearish scenarios and move us...