Brian Twomey
Brian's Investment
Included this trip is USD/DKK, the Danish krone. Few years ago, I wrote a long article regarding DKK, its Fixed position as a currency, interest rates connected, price ranges. Much interest in this pair as many clicked on that article but nobody writes regarding this pair. Despite a Fixed currency, it moves and profits.
Overall, nothing special to EM except deeply overbought USD/HUF.
Close prices and vital break points
USD/BRL; Close 5.5521, Vital 5.5241
USD/PLN: Close 3.8339, Vital 3.7793
USD/RON: 4.0861, Vital 4.0663
USD/MYR: Close 4.1180, Vital 4.0871
USD/MXN: Close 20.7330, Vital 20.7647
USD/CZK: Close 21.9005, Vital 21.8793
USD/DKK: Close 6.2213, Vital 6.2031
USD/HUF: Close 307.06, Vital 301.95 Deep overbought
USD/TRY: Close 7.5636, Vital 7.4612
USD/ZAR: Close 14.9484, Vital 15.2559
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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Editors’ Picks
EUR/USD keeps range near 1.0650 ahead of German IFO survey
EUR/USD is keeping its range play intact near 1.0650 in the early European hours on Monday. Markets stay risk-averse, weighing the Fed's 'higher-for-longer' rate view and lingering China's property market woes. Germany's IFO survey eyed.
GBP/USD remains on the defensive below the 1.2250
GBP/USD remains on the defensive below the mid-1.2200s early Monday. The US Dollar is clinging to the previous week's gains alongside firmer US Treasury bond yields while the Pound Sterling weighs the Fed-BoE policy divergence amid a quiet calendar.
Gold remains stuck below key averages, what’s next?
Gold price is easing toward $1,920, making it for a negative start to a key week ahead. The United States Dollar (USD) and the US Treasury bond yields have entered a phase of consolidation near last week’s high, as investors look to this week’s inflation data from the US and Europe for a fresh directional impetus.
Ethereum whales prepare ahead of futures Ethereum ETF approval on October 2
Ethereum price is likely going to witness a massive spike in volatility soon due to the circumstances surrounding the approval of the token’s futures Exchange-Traded Fund (ETF). According to Twitter users, the ETF is likely going to be approved on October 2.
Is inflation falling further?
A first flash estimate of Eurozone inflation in September is expected. In August, inflation fell slightly to 5.2%. While the downward pressure from energy prices has eased slightly, the momentum of food prices has continued to decline.