Brian Twomey
Brian's Investment
Scratch the last trade idea as market dynamics changed . Qucikly. From last post, 400 pip range month factors to 13 pip days.
Big break poonts above 1.1751, 1.1656, 1.1577, 1.1517, 1.1502, 1.1496, Big break points below 1.1393, 1.1384, 1.1371, 1.1354, 1.1322, 1.1276.
EUR/USD Bottom, now 1.1435, up 33 pips from 1.1403. Range breaks above 1.1887, 1.1759, 1.1615, Range breaks below 1.1371, 1.11233, 1.1111.
Targets above 1.1578, Failure point 1.1521, reverse points 1.1535, 1.1507. Trade levels on the way up, 1.1497, 1.1501, 1.1507, 1.1521, 1.1528, 1.1549, 1.1578.
Shorts below 1.1491, target 1.1463, 1.1449, 1.1435 Bottom. Trade able points on the way down, 1.1481, 1.1478, 1.1471, 1.1468, 1.1464, 1.1435 Bottom.
Trading currencies and other financial instruments carries a degree of loss and possible loss of entire investments. Please managed your own risks, stop loss, and margins requirements.
Recommended Content
Editors’ Picks
EUR/USD consolidates recovery below 1.0700 amid upbeat mood
EUR/USD is consolidating its recovery but remains below 1.0700 in early Europe on Thursday. The US Dollar holds its corrective decline amid a stabilizing market mood, despite looming Middle East geopolitical risks. Speeches from ECB and Fed officials remain on tap.
GBP/USD advances toward 1.2500 on weaker US Dollar
GBP/USD is extending recovery gains toward 1.2500 in the European morning on Thursday. The pair stays supported by a sustained US Dollar weakness alongside the US Treasury bond yields. Risk appetite also underpins the higher-yielding currency pair. ahead of mid-tier US data and Fedspeak.
Gold appears a ‘buy-the-dips’ trade on simmering Israel-Iran tensions
Gold price attempts another run to reclaim $2,400 amid looming geopolitical risks. US Dollar pulls back with Treasury yields despite hawkish Fedspeak, as risk appetite returns.
Manta Network price braces for volatility as $44 million worth of MANTA is due to flood markets
Manta Network price is defending support at $1.80 as multiple technical indicators flash bearish. 21.67 million MANTA tokens worth $44 million are due to flood markets in a cliff unlock on Thursday.
Investors hunkering down
Amidst a relentless cautionary deluge of commentary from global financial leaders gathered at the International Monetary Fund and World Bank Spring meetings in Washington, investors appear to be taking a hiatus.