Live Account Recovered $4200 From $1700 to $5900討論

Well, abit of regret on the EU trade, should have left some lots running... I see some resistance on the monthly timeframe but, this could just be the lowest point of EU, where it will test but only head higher after this...

The right target that I should have aimed for is 1.066, but it's alright we'll get another opportunity.

I'll analyze the other U crosses now...

On the monthly timeframe GU is similar with EU, with very low points. In comparison with AU and NU, which are the stronger 2.

All U-crosses are basically going upwards, there will be retracement but I will expect U-crosses to continue upwards..

UJ is at the moment heading south, price is going lower, but I am not sure if that is the long term trend..

Wow.. what a long time i was away.. busy with work as I am only doing this part time.

Anyway, after the swearing in of President Trump, I feel that USDJPY will go down, most probably in the long term...

The period where he was president-elect, I think that was a fake move of the USDJPY price to shoot up temporarily...

As usual, my analysis is only based on technicals and chart.

I BUY GU today as my technical analysis said so... but based on fundamental.. GBP pair is quite a difficult currency to decipher...

Usually, GJ will follow UJ and sometimes GU will follow UJ.. that is what makes them tricky...

We never know if GU will follow GJ or the rest of the USD crosses.

Fundamentals... GU is at the all time low.. so it should head back up...
GJ is also at a lower price at the monthly chart. on the weekly, i can see strong support.

Hopefully, my analysis pans out. :)

Nope, I'm wrong again.

Suddenly, EU took a shift and came down... let's analyze for today's trade if any.

EU price came back down after suffering a strong resistance.

Looks like EU weekly is strong.