160 i don`t think so...
i just hope it could touch 149.50/150.xx
for short.
i just hope it could touch 149.50/150.xx
for short.
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DislikedChina's president warns of deepening economic downturn
Link: http://www.forexfactory.com/news.php?do=news&id=132201Ignored
DislikedHow do china directly affect the USD recovery when China is relying on our export purchase?
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DislikedIt is inter-connected. If China's economy is glooming, the demand for raw materials also decreasing, thus affecting commodities export countries such as Aussie, oil producer countries, and elses .. The US economy is driven by services sector and consumer credits. The demand of these two sectors also are decreasing at the same time ..
The so called ripple effect would reverberate the entire world and since China has become more of a major player in the global market, its economic development would speak out quite a loud voice than before..Ignored
DislikedHow do china directly affect the USD recovery when China is relying on our export purchase?
Ignored
DislikedHere is a link where you can see what the GBP/JPY is doing over the weekend. http://www.forex-markets.com/quotes_crossrates.htmIgnored
DislikedEURUSD – Euro Forecast to Decline Further Against US Dollar on Forex Positioning
USDJPY – Japanese Yen Likely to Continue Higher Through Short-Term Trading
EURUSD – Forex trading crowds accurately predicted a sharp Euro US Dollar reversal through relatively illiquid North American holiday trading, as the majority of speculators remained heavily net short the Euro/US Dollar on its run to 1.3000. Traders have since taken profits and flipped to net long, and the sudden shift suggests that we may in fact see a continuation in the EUR/USD downward...Ignored
DislikedChina's president warns of deepening economic downturn
Link: http://www.forexfactory.com/news.php?do=news&id=132201Ignored
DislikedHere is a link where you can see what the GBP/JPY is doing over the weekend. http://www.forex-markets.com/quotes_crossrates.htmIgnored
DislikedThanks for link to the site ,it is then 145.34 now , so when our platform open will gap down . My longs will be out at modified sl 147 with little profit & all shorts tp at 145.900.
lets see what actually happen with our account with brokers .
fontuIgnored
DislikedIt feels good to just forget the market and not trade for several days, refreshes your mindIgnored
DislikedI believe the market is waiting on the weekend sales and don't forget the internet sales on monday...There is some major news this week that may support the USD...GU and EU rate decision...The three car dealership bailout decision, USD ADP, etc...The bias so far look positive going into Dec. but I feel at the end of the year it will get real ugly for PA...
The pullback maybe minor on sunday but will rebound for a retracement since it broke the daily trendline and gann-hilo...Ignored
DislikedAs i Have mentioned before the movement of the gj is going to come thru the gu in the month ahead as uj is in tight range
here is the gu set up right now on a 12 hr
1) rapid rsi in the red = possible pivot
2) retracement has only been to 38 % ...strong down trends only retrace t0 38 %
3) dollar index dropped off 88 , but as of Friday was at that level again and may break this week
we may see a break of the bottom of the bear flag on gu into 1.4185 / 1.3370 this week....that would equate to retest 139 on gj
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