Nothing has changed within last 2 days – AUDNZD continuing its range of 100 pips that may be a sign of Kiwi-extortion or just another brake before going down to a 1.24 area. Staying on a side for now....
Yesterday’s FX market was marked with EU, ECB, Greece and other Euro-related trash-talk (read: throwing money in a bottomless pit) news causing Euro to rally up north. On its $ counterpart – it is yet to be seen on what kind of agreement will R&D reach: Go bankrupt now or later (euro style). Any delay in $ agony will cause USD to retrieve some primarily Euro-loss positions....will see....
Rare event: both $ and gold went south today!
Current trades: small kiwi short @ .8615 and gold long @ 1.591, stop 1.579,60
Happy trading :)
No comments:
Post a Comment