first target reached (the 117.00) support region; first attempt to knock it off failed and a low of 117.09 was printed; price tried to test the 117.40 resistance (ex-support) so far its not being able to. I am to move my stops to 117.60 this 117.40 level is to be taken away; and I am still targeting the 115.15 support region. GL GT and goodbye for now ....
equity markets will get weaker as oil volatility increases secondary to Iran. bond markets will get stronger momentarily but will selloff as a flood of new bonds to finance USA escapades is implied. dollar should get weaker, as implied fiscal deterioration of the USA continues
Reversing and going long at 117.15....looks like we will back to where we were last week in a couple of days.
Just got out of my long position at 117.70...so annoying now Ive missed the maximum profit taxing opportunity at 118.15. Mixed messages about rates in both the US and Japan making this a very bumpy ride.
Shorting at 118.50, hoping to deal around the 117.75 pendulum we seem to be swinging around the past couple weeks, 119.30 stop.
USD/CHF seems like a sell here 1.2220 I am selling it for the target 1.1810 Not so for USD/CAD...Seems this 1.1450 area will take here to 1.23 + Maybe target 1.25 for this year usd/cad USD/JPY seems Like a sell at 120 target 110 this year I guess we'll see... GL to All