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- EuroScalper replied Jul 3, 2016
Yes you have said the truth but the main concern in the AUD is the problem in the Chinese economy and also the uncertainty surrounding the Euro area
- EuroScalper replied Jul 3, 2016
We need to use a wait and see approach so that we can plan for future moves. I would wait for the time period of 10 days to see if there are further downside risks in the Euro
- EuroScalper replied Jun 29, 2016
I am keeping a watch on both the M15 and the M30 time periods. Now what is more important for me is to see the Cable break the 1.3400 levels today
- EuroScalper replied Jun 29, 2016
Better watch out for the possible reversals and the breakouts in the London session today
- EuroScalper replied Jun 26, 2016
Yes, it is true that the Cable reached the lows but then within some time we will be able to see some pullback in the pair and the correction of the prices to the realistic levels
- EuroScalper replied Jun 26, 2016
Cannot say at the moment and further appreciation is expected.
- EuroScalper replied Jun 26, 2016
I do not think that the Bank of Japan is going to intervene anytime sooner and also the effect of such an intervention will be short stayed as we have seen from the previous moves by the BoJ
- EuroScalper replied Jun 25, 2016
This is not the time to do trading but actually watch what the recourse EURUSD is taking on the backdrop of the statements coming from the European Central Bank that they are having the backup measures with them in place
- EuroScalper replied Jun 25, 2016
The markets were oversold on that day when the Brexit results just started to come in. And we have seen that Cable is finding support at better levels now. This is the result of the Panic attack which causes the currency to loose its real value in ...
- EuroScalper replied Jun 22, 2016
Yes, you have said the right thing
- EuroScalper replied Jun 22, 2016
If all goes according to the plan we could see the levels of 1.50 very soon
- EuroScalper replied Jun 19, 2016
yes and that has been done to safeguard against the gigantic moves that we could see in the next week on the Gr-exit referendum taking place
- EuroScalper replied Jun 19, 2016
Yes you are correct and i am also expecting the GAP trading and this is the only reason why i have closed my trades before the closing of the markets on the Friday
- EuroScalper replied Jun 19, 2016
Yes you are right but we cannot just go by the polls alone and we have to see the moves in the larger context so that we will come to know about the actual reason for such moves
- EuroScalper replied Jun 11, 2016
I am holding my short trading position and the target for the next week is 1.1150
- EuroScalper replied Jun 11, 2016
I am not sure about the opening rates next week and since i already closed my positions before the market closing times i have no worries
- EuroScalper replied Jun 9, 2016
Already most of the traders are done with closing their positions and with the weekly closing coming up on Friday we have to see how much further scope we have in the markets
- EuroScalper replied Jun 9, 2016
Yes, after the comments from Draghi we saw the Euro coming down and this is also reflected in the sentiments after the markets closed
- EuroScalper replied Jun 8, 2016
Yes, and i have already closed my short trade in some profits .. i am waiting for fresh trading opportunities now.
- EuroScalper replied Jun 8, 2016
Yes true and i made substantial profits in this time