Elkana Roveglia BA
Takemytrades.com
Cable has started to show signs of an uptrend, however lately has been trending in a wedge. Today we have the CPI y/y fundamental announcement coming out of the UK. If we will have a positive data then our opportunity will be for a 90 pips buy move.
Remember to subscribe to my YouTube Channel for daily trading opportunity: https://www.youtube.com/channel/UC-jUmkS9ruezy_Ow-ro7EOw?sub_confirmation=1
If you would like to know more and attend the live London room or New York room, use the link below to register...it's FREE! http://proacttraders.it/content/learn-the-pro-trade
Remember to subscribe to my YouTube Channel for daily trading opportunity: https://www.youtube.com/channel/UC-jUmkS9ruezy_Ow-ro7EOw?sub_confirmation=1
If you would like to know more and attend the live London room or New York room, use the link below to register...it's FREE! http://proacttraders.it/content/learn-the-pro-trade
Take My Trades, Forex signal service and education is provided for the purpose of learning about the Forex market. It does not aim to guarantee that you will be a successful trader overnight, this is a process that takes time and commitment, learning the fundamentals and technicality of the financial market. This service shows how a successful trader reviews the trends and signals of the market and takes trades based on fundamental trading rules. Take My Trades is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the currencies or other instruments featured on this website. You understand and acknowledge that there is a very high degree of risk involved in currencies and other leveraged financial instruments. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results.
Recommended Content
Editors’ Picks
AUD/USD dips below 0.6600 following RBA’s decision
The Australian Dollar registered losses of around 0.42% against the US Dollar on Tuesday, following the RBA's monetary policy decision to keep rates unchanged. However, it was perceived as a dovish decision. As Wednesday's Asian session began, the AUD/USD trades near 0.6591.
EUR/USD edges lower to near 1.0750 after hawkish remarks from a Fed official
EUR/USD extends its losses for the second successive session, trading around 1.0750 during the Asian session on Wednesday. The US Dollar gains ground due to the expectations of the Federal Reserve’s prolonging higher interest rates.
Gold wanes as US Dollar soars, unfazed by lower US yields
Gold price slipped during the North American session, dropping around 0.4% amid a strong US Dollar and falling US Treasury bond yields. A scarce economic docket in the United States would keep investors focused on Federal Reserve officials during the week after last Friday’s US employment report.
FTX files consensus-based plan of reorganization, awaits bankruptcy court approval
FTX has filed a consensus-based plan for its reorganization, coming almost two years after the now defunct FTX filed for Chapter 11 Bankruptcy Protection in the District of Delaware.
Living vicariously through rate cut expectations
U.S. stock indexes made gains on Tuesday as concerns about an overheating U.S. economy ease, particularly with incoming economic reports showing data surprises at their most negative levels since February of last year.