Brian Twomey
Brian's Investment
Added to total pips this week is a continuation to EM trades posted Sunday.
USD/DKK
Short 6.2446 targets 6.2255.
Lows 6.2117.
target Complete +191 pips.
USD/TRY
Short 8.2251 and 8.2338 to target 8.0961 easily.
Highs 8.2288, Lows 8.055.
Target Complete +1327 pips.
USD/MYR
shorts at 4.1412 and 4.1441 to target 4.1236 then 4.1177.
Highs 4.1396, Lows 4.1269.
Trade Ran +127 pips.
Target Complete.
USD/RUB
Targets easily 76.57 then 76.14.
Highs 77.72, lows 75.46.
Trade Ran +158 pips.
Target Complete.
Above: 1803 total pips, 4 trades.
Total weekly pips? 3000, 4000.
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 holds steady near 1.0650 amid risk reset
EUR/USD is holding onto its recovery mode near 1.0650 in European trading on Friday. A recovery in risk sentiment is helping the pair, as the safe-haven US Dollar pares gains. Earlier today, reports of an Israeli strike inside Iran spooked markets.
GBP/USD recovers toward 1.2450 after UK Retail Sales data
GBP/USD is rebounding toward 1.2450 in early Europe on Friday, having tested 1.2400 after the UK Retail Sales volumes stagnated again in March, The pair recovers in tandem with risk sentiment, as traders take account of the likely Israel's missile strikes on Iran.
Gold price defends gains below $2,400 as geopolitical risks linger
Gold price is trading below $2,400 in European trading on Friday, holding its retreat from a fresh five-day high of $2,418. Despite the pullback, Gold price remains on track to book the fifth weekly gain in a row, supported by lingering Middle East geopolitical risks.
Bitcoin Weekly Forecast: BTC post-halving rally could be partially priced in Premium
Bitcoin price shows no signs of directional bias while it holds above $60,000. The fourth BTC halving is partially priced in, according to Deutsche Bank’s research.
Geopolitics once again take centre stage, as UK Retail Sales wither
Nearly a week to the day when Iran sent drones and missiles into Israel, Israel has retaliated and sent a missile into Iran. The initial reports caused a large uptick in the oil price.