Good Morning
First things first:
been mentioned with my ramblings on this market by some peeps in other places.
I wanted to stop this but you asked me to go on. Thank you. You guys know who you are.
I have posted my intense look on this market yesterday. Browse back...
Today (my view on H1):
Longs can aim for 1.07950 - 1.08040
Shorts could see: 1.07250 - 1.07154
It's a sideways correction, what do I know.
speculation:
EU is building some bullish momentum against Yen (bullish triangle)
If $$ keeps flowing the way it does it keeps getting weaker. Correlating pairs are already showing some bullish tendency (look at NZD/USD).
With bank holiday in Japan and no $$ floating into the EU, it could gain some strength today.
But overall, I see a rather slow day.
Stay green.
EDIT: Scratch what I said, EUR/JPY is not going to break it's current resistence. (please forgive me, it's early )
Means: EUR/USD bulls weaker than predicted... we will see... all I know is I know nothing
First things first:
been mentioned with my ramblings on this market by some peeps in other places.
I wanted to stop this but you asked me to go on. Thank you. You guys know who you are.
I have posted my intense look on this market yesterday. Browse back...
Today (my view on H1):
Longs can aim for 1.07950 - 1.08040
Shorts could see: 1.07250 - 1.07154
It's a sideways correction, what do I know.
speculation:
EU is building some bullish momentum against Yen (bullish triangle)
If $$ keeps flowing the way it does it keeps getting weaker. Correlating pairs are already showing some bullish tendency (look at NZD/USD).
With bank holiday in Japan and no $$ floating into the EU, it could gain some strength today.
But overall, I see a rather slow day.
Stay green.
EDIT: Scratch what I said, EUR/JPY is not going to break it's current resistence. (please forgive me, it's early )
Means: EUR/USD bulls weaker than predicted... we will see... all I know is I know nothing
you are not expected to understand this
3