Honoring Me With Your Up Vote..
Thin trading volumes is expected due to the Lunar New Year holiday, as most markets in Asia closed Friday. Improving fundamentals in Europe and Asia have dented the US currency.
US dollar fell to its lowest level in more than three years Thursday as renewed confidence among investors drew money away from the US currency. The biggest single factor undermining the dollar this year has been the improvement in global economy. A more balanced economic recovery drags investment away from the US and towards more interesting markets.
EUR/USD was up 0.4% at 1.2507, preference still maintains the long positions above 1.2455 with target at 1.2610. Alternatively, below 1.2455 look for further downside with 1.2350 as target.
On the data slate there’s German Wholesale Price Index; Euro-Zone ECB’s Coeure Speaks in Skopje, Macedonia; UK Retail Sales; US Import and Export Price Index; US Housing Starts; US Building Permits; US U. of Michigan Sentiment and US Baker Hughes US Rig Count.
BUY EUR/USD @ 1.2500 OR BETTER – STOP @ 1.2465 – TARGET @ 1.2610
BUY GBP/USD @ 1.4095 OR BETTER – STOP @ 1.4030 – TARGET @ 1.4285
SELL USD/JPY @ 106.50 OR BETTER – STOP @ 107.10 – TARGET @ 105.65
BUY CL0318 @ 61.00 OR BETTER – STOP @ 59.65 – TARGET @ 62.30
BUY AUD/USD @ 0.7905 OR BETTER – STOP @ 0.7865 – TARGET @ 0.8005
BUY XAU @ 1350 OR BETTER – STOP @ 1342 – TARGET @ 1365
BUY XAG @ 16.80 OR BETTER – STOP @ 16.20 – TARGET @ 17.25
It's interesting to look at the development graph now
Investors are looking for better avenues across the world and in my view Asia has been their centre of attention. More dollars gonna move out of USA probably.
Thanks for giving new message about forex.We can take out many update information from your every post.
Thank you very much for sharing.
@Resteem & follow has been donee.
Realmente um bom post sir @lordoftruth.
My analysis Forex EURNZD:
https://steemit.com/new/@analysisman/analysis-eurnzd-forex-breakout-projection-support
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Thanks for sharing
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keep it on
Thanks a lot for sharing this market update..Keep it up..Dear...Resteemit...q
This very nice post i appreciate your market thanks for sharing ..Best of luck ..
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thanks for sharing
@upvote and @resteem done☺
great information.i understand this.
thanks a lot for sharing...
Thanks for the great information.
Upvote done sir
just curious not related to the article but how did you place the pictures in the middle of the article?
great information.
Upvote and resteem.
thanks for sharing this ,upvote and restmmet done
Impressive post sir@lordoftruth sir thanks for sharing us
@upvoted // done :)
thanks for sharing the market news with us, upvote and restmmet done
wonderful post, thanks for sharing post. Good work.
This post has received a 3.40 % upvote from @booster thanks to: @lordoftruth.
Your posts are always interesting to read and very useful for us all .. thanks for everything @lordoftruth
USD still down, thanks for your great analysis and for the trading plan.
I was definitely wrong on my EUR/USD prediction! I will stick to posting on Steemit! haha
Thank you lordoftruth for making a transfer to me for an upvote of 4.13% on this post!
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great post love it
@lordoftruth thank you I need to get back into trading forex again....I have been concenrating on learning to trad cryptocurriences for 2 months now. You own Bitcoin ##Upvote/Resteem###
