Brian Twomey
Brian's Investment
EURUSD Close expected 1.1202 but not bad at 1.1216 for next week's trades Next week means we short around 1.1343 target 1.1212 and close next Friday at 1.1198, still bout 30 pips shy to this week's 1.1166 target This week's 60 pip miss however means must compensate for the bottom target. Next week means Long 1.1216 and 1.1202 to target 1.1343 Then short 1.1343 to target 1.1212 EURUSD Next week trades informs forget about 1.1400's trading And not from close 1.1202, 1.1212, 1.1238, nor 1.1251 or 1.1264 1.1400's not trading anytime soon EURUSD next week 1.1400's trades like this
From 1.1202 and 1.1212 closes, massive and deep Overbought at 1.1366 From 1.1238 closes then 1.1372 massive overbought From 1.1251 and 1.1264 closes then 1.1375 and 1.1376 massive overbought What 1.1400's means for EUR/USD From 1.1264 and 1.1251, Then 1.1400's results to 1.1430, From 1.1238 means 1.1425 From 1.1212 and 1.1202 means 1.1418 Overall 12 pip spread and no ability to trade 1.1400's as EUR/USD then hits the overbought Richter Scale.
GBP/USD
Expected close 1.2546 and 1.2559 Means from 1.2546, shorts at 1.2667 to target 1.2556 and close next Friday 1.2544 Assumes 1.2520's must hold From 1.2559 close, short 1.2665 targets 1.2569 and close next Friday at 1..2545 and 1.2557 From 1.2569 Close, short 1.2665 GBP/USD 1.2665 lines up as perfect short next week and vs Richter Scale overbought at 1.2713. Break next week at 1.2520's then targets 1.2461 & 1.2448 and Friday close 1.2448 and 1.2432 And 2 week's trade from today is a great trade long 1.2348 to target 1.2522 For GBP/USD we want ultimately GBPJPY compliance by close 134.10 and 133.72. Then comes good double trade long. And further agreement to higher for wide rangers GBP/AUD and GBP/NZD as prices currently sit on the floor at deep Lows. Forget GBPCAD cause its a dead issue Should GBP/USD decide to close in the 1.2600's then a short trade as a market gift is given. AUD/USD Close 0.6858 NZD/USD short next week any price above 0.6510 EUR/JPY close 121.32 USD/CAD 1.3581 EUR/CAD 1.5258 expected however close to 1.5300's and high 1.5200;s offers free trade, market gift short next week. EUR/AUD 1.6210 GBP/AUD 1.8109 CAD/JPY 78.23 and deeply oversold.
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.
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