BOE - Inflation Report Press Conference, May 2018 - live now
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We have to remember that interest are not only expected to rise from the USA, there's expected to grow and/or stay secure in hosts of different nations.
The inflow of funds seeking a beneficial interest will be dampened by this actuality. We could wait and buy GBP instead. For instance
The USD index languished around the 92.50 level following a pullback in the year thus far highs seen mid-week and in the aftermath of the softer than expected consumer price index data. This maintained its major counterparts company, with EUR/USD rallying supporting the 10-day moving average, and it is a short-term dynamic resistance.
Option expiries of notice for today's 15:00 BST:
EUR/USD: 1.1800 (0.342 BLN), 1.1890 (0.421 BLN),1.1900 (2.4 BLN), 1.1925 (0.626 BLN) and 1.1950 (0.774 BLN) and 1.2000 (0.810 BLN).
We got a strong swing low on May the 9th in 1.1822 however, the massive choice expiry on EUR/USD today of 2.4 BLN in 1.1900 level should keep the currency pair under pressure.
I want to understand a two-day consolidation close to 1.1900 or another retest of this 1.1822 prior to buying.
I've moved my impending shorts into 1.2017.Originally Posted by ;
Michigan was great but trading news could be bad.
So I wait.
IMHO, if market achieves lt;1.18911, then downtrend may continueOriginally Posted by ;
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BY FAR my week of trading in 12 decades. Closed my shorts out of 1.24 and then got tangled within intraday transactions getting stoped over and over.
Thank god for the weekend to re evaluate my entry points
30-min installment
https://forexfore.blog/2018/05/10/build-it-up/