fero1978

fero1978 Updated 

Due to rapid rally in #EURUSD and the lost steam of the rally we are in a correction. I think that Thursay's ECB action and as the carry positions mostly closed in the financial markets will probably weaken Euro further. Also streched USD liquidity problem in the financial markets will strengthen the USD globally. You can sell after the break of the trend line, if...

fero1978

#XAUUSD had been hit hard recently due to rush to liquidity by probably big ETFs and Hedge Funds. We will probably see lots of Long positions has been closed in the last week. Recent technical indicators show turning from the bottom. Moreover aside from technical perspective structural factors are in play as recent macroeconomic picture (Monetary Easing all over...