RobinFG

RobinFG

Channel bottom completion and horizontal support at 1.1610 ---- Bounce to 1.1750 area likely as SNB won't tolerate one way price action and EU yields wake up to reality Long 1.1615, SL 1.1565, TP 1.1750, R/R 2.5x

RobinFG

Major confluence of weekly 61.8% Fib and rising channel top around 125. Short 124.80, SL 125.50, TP 120.50 R/R 5.7x

RobinFG Updated 

Watch the weekly close for a break of 8450 (previous floor now resistance, and clearing a sharp wedge) may squeeze the pair fast to 8525 BOE hikes may be the bad kind of hykes, right into another UK covid wave and a stagflating economy

RobinFG

SELL 1.1695 SL 1.1750, TP 1.1315 R/R 6to1 HIGH potential continuation short to 61.8 fib around 1.13 Rate differentials, Growth differentials to weigh on EUR. Ultimately great LT long setup from 61.8 fib, so short to 1.13, reverse LONG down there

RobinFG

SHORT 1785, SL 1820, TP 1685 R/R 3to1 DEATH CROSS kicking in as FED starts taper and Yields approach breakout point