Thank You For Your Support and For
Honoring Me With Your Up Vote..
US dollar showed further strength with rising bond yields. Euro-Zone consumers became more pessimistic about their prospect in February.
A tentative sign that the currency area’s economic recovery may have levelled off. Preference is long positions above 1.2330 for further upside with 1.2435 as target. Alternatively, below 1.2330 look for 1.2260.
On the data slate there’s German Manufacturing PMI; German Services PMI; Euro-Zone Manufacturing PMI; Euro-Zone Services PMI; UK Claimant Count Rate; UK Jobless Claims Change; UK Average Weekly Earnings; UK Unemployment Rate; UK Employment Change; UK Public Finances; UK Public Sector Net Borrowing; UKBOE’s Carney, Broadbent, Haldane and Tenreyro Speak; US Mortgage Applications; US Manufacturing PMI; US Services PMI; US Existing Home Sales and US FOMC Meeting Minutes.
My Personal Trading Plan
BUY EUR/USD @ 1.2330 OR BETTER – STOP @ 1.2300 – TARGET @ 1.2435
BUY GBP/USD @ 1.3975 OR BETTER – STOP @ 1.3940 – TARGET @ 1.4085
SELL USD/JPY @ 107.50 OR BETTER – STOP @ 108.10 – TARGET @ 106.65
BUY CL0418 @ 61.20 OR BETTER – STOP @ 60.65 – TARGET @ 62.50
BUY AUD/USD @ 0.7865 OR BETTER – STOP @ 0.7815 – TARGET @ 0.7975
BUY XAU @ 1330 OR BETTER – STOP @ 1322 – TARGET @ 1352
BUY XAG @ 16.40 OR BETTER – STOP @ 16.00 – TARGET @ 17.00
THE ABOVE BRIEF IS MY PERSONAL OPINION AND DOES NOT CONSTITUTE ANY PROMISES OR GUARANTEES OF PROFITS. TRADING IN CURRENCIES AND COMMODITIES ARE HIGH RISKS. YOU SHOULD NOT TAKE ANY MATERIAL POSTED AS RECOMMENDATION.
If You are New in Forex --> Read Forex Education Center / Volume I.
