My Intraday Setup
How long will last the bullish move? ...range day probably
- the regression trend line shows that the average trend power turned up (visible, don't need a trend line);
- E/U already reached daily R1;
- US bulls still strong, a contradiction with the current upturn, so no big daily trades just small scalping picks;
- small scalping pick buying opportunities: D-mid1.1205 DP 1.1216, D-mid1.1226, W-mid and DS1@1.1195;
- and if it breaks DS1 and W-mid 1.1195 turns into selling opportunity there;
- Last Week's Low 1.1179 looks like another serious support and may create a violent breakdown or rejection if reached;
- even the visible upwards trend line can be a support today ;
Fundies:
- good "orange FF mark" news expected for the euro zone today;
- FX markets has seen quiet trade, although antipodeans have continued their recent rebound against the dollar, while the PBoC also strengthened the reference rate;
Green to all!
How long will last the bullish move? ...range day probably
- the regression trend line shows that the average trend power turned up (visible, don't need a trend line);
- E/U already reached daily R1;
- US bulls still strong, a contradiction with the current upturn, so no big daily trades just small scalping picks;
- small scalping pick buying opportunities: D-mid1.1205 DP 1.1216, D-mid1.1226, W-mid and DS1@1.1195;
- and if it breaks DS1 and W-mid 1.1195 turns into selling opportunity there;
- Last Week's Low 1.1179 looks like another serious support and may create a violent breakdown or rejection if reached;
- even the visible upwards trend line can be a support today ;
Fundies:
- good "orange FF mark" news expected for the euro zone today;
- FX markets has seen quiet trade, although antipodeans have continued their recent rebound against the dollar, while the PBoC also strengthened the reference rate;
Green to all!
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