As the dust settles from Trump’s divisive inauguration speech, let’s take a look at how the majors are shaping up.
EUR/USD’s recovery is likely to be tested this week.
Prices have been rotating higher since the turn of the year, forming a bullish support line. However, the market is now heading up into a thick zone of resistance defined by December’s highest high (1.0873) and highest close (1.0763).
While the resistance zone is compelling, it’s important to remember that short-term momentum remains bullish. That said, we will only look to short EUR/USD following clear signs of buying exhaustion… full story by investing.com
AUD/USD posted modest gains last week, with the pair closing at 0.7552. This week’s key events are CPI reports. Here is an outlook on the major market-movers and an updated technical analysis for AUD/USD.
In the US, manufacturing and employment numbers beat expectations. Philly Fed Manufacturing Index continued to climb higher and unemployment claims beat expectations for a fourth straight week. Australian job numbers were solid, as Employment Change posted a strong gain and beat expectations. (full story by forexcrunch.com)
In each trade exposed 3% (300 units -) of theoretical trade bank (10000 units) unless otherwise stated. The R/R ratio (Risk/Reward) is usually 1/1. New trades, orders and changes in Stop Loss-Take Profit price limits usually from 22.30 until 00.30 UTC+3 daily. Every effort is being made for minimal changes and new trades-orders outside this time window.
|| Cl. Pr.
1. Register in betvirus.com
2. Pay your subscription in betvirus.com via Paypal, only 15 euro/month
3. No more than 24 hours after your payment in partner site betvirus.com, you will receive in your mail account the login info (username-password) for access in 98club.info value bets and trades members area.