Travel between weekly pivot points

15 thg 3, 2023

EURUSD is at the weekly support point. FED is in the corner and will have hard times to further increase the interest rates. If ECB increases interest rates by 0.5 tomorrow, we will visit the weekly pivot point (1.062) and weekly first resistance (1.072). If they fail to meet the expectation due to Credit Suisse crisis now, we may see further drop to channel support (~1.04).





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16 thg 3, 2023

Ghi chú

Dear passengers we are at the weekly pivot point. The passengers who will continue the journey, next station is WR1. Have a good journey!

17 thg 3, 2023

Ghi chú

Still aiming to 1.07 but I would trail this with close stop. The momentum to upside wasn't strong.

20 thg 3, 2023

Đóng lệnh: đạt mục tiêu

Well, it took some time but here we are. It seems that EURUSD is in band trading. We may see a visit to 1.053 again.