Market Brief / 26 - 02 - 2018
Honoring Me With Your Up Vote..
US dollar managed to hold up against other major currencies. For the whole week, the Index rebounded 0.9% to 89.92, snapping a three-week losing streak.
EUR/USD struggled hard to keep the 1.2300 level. Look for further upside with 1.2380 as target. Alternatively, short below 1.2320 with target at 1.2230.
On the data slate there’s UK Nationwide Housing Prices; Switzerland Employment Level; UK Mortgage Approvals; UK 10-Year Bond Auction; US Fed’s Bullard Speech; US Chicago Fed National Activity Index; US New Home Sales; US Dallas Fed Manufacturing Business Index and US 3- and 6-Month Bill Auctions.
BUY EUR/USD @ 1.2300 OR BETTER – STOP @ 1.2270 – TARGET @ 1.2390
BUY GBP/USD @ 1.3900 OR BETTER – STOP @ 1.3860 – TARGET @ 1.4020
SELL USD/JPY @ 106.90 OR BETTER – STOP @ 107.40 – TARGET @ 106.10
BUY CL0418 @ 63.30 OR BETTER – STOP @ 62.85 – TARGET @ 64.10
BUY AUD/USD @ 0.7835 OR BETTER – STOP @ 0.7795 – TARGET @ 0.7890
BUY XAU @ 1330 OR BETTER – STOP @ 1324 – TARGET @ 1352
BUY XAG @ 16.48 OR BETTER – STOP @ 16.00 – TARGET @ 17.10
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Have a good day. 💐
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Excellent analysis friend and thanks for sharing some nice forex signal's with us, Stay blessed
Well I think USD has done great to hold its position.
Your trading plan seems perfect. Great way to go. Thank you
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Upvoted & ResteeM
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