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And now the usual Friday profit taking. All as usual
day point trend gu--5238+up trend, 5222-down trend, 5230+- up/down trend .....eu -- 3036- down trend, 3048 +up trend, 3042+-up/down trend
day point eu--3042, 3036 was signal sell----2950 tp1 92p, tp2 86p, .....gu--5238, 5230, 5222, was signal sell-----5150 tp1 88p, tp2 80p, tp3 72p
wish you all a green week
week no. 5169, was signalm sell------5150 tp 19p, ....eu week no. 2973, was signal sell---2950 tp 23p
see week no. on post 12693 , posted once a week on monday , same no. trading all the week!!!!!!!!!
week no. 5169, was signalm sell------5150 tp 19p, ....eu week no. 2973, was signal sell---2950 tp 23pweek no. 2948, 2952 was signal buy----
later week no. gu-,5140,5150,5169,was signal buy---
Finishing EURUSD right in the middle of the daily range. Classical Friday profit collection helped with a bit of stop loss hunting
week no. 2948, 2952 was signal buy----
eu stop out 2996 tp1 48p tp2 44p, ....gu stop out 5194 tp1 54p ,tp2 44p, tp3 25p .....to all have a great weekend
Once again, the 85-days moving average has limited the upside of EurUsd ... it will be like this at least until Thursday.
Here is the graph that shows how we are close to a primary bottom on the Cable. The lower part represents the net short of speculators
The usual start of the week ratios overview for all the majors.
It will be ranging again - there is nothing new that would move EURUSD anywhere significantly