EURUSD
Dec. 9, 2015, 09:45
Buy on a level breakthrough of 1.0928 with 1.0980 target. Stop loss = 1.0878.
Reason for the trading strategy
The euro as a funding currency, is trying to re-test the maximum achieved on December 3rd. Market participants are curtailing the European currency carry trade operations in anticipation of an increase in the US key interest rates for December. Note that yesterday the DAX30 index lost almost 2%.
EURUSD, H4
Dec. 9, 2015, 09:45
Buy on a level breakthrough of 1.0928 with 1.0980 target. Stop loss = 1.0878.
Reason for the trading strategy
The euro as a funding currency, is trying to re-test the maximum achieved on December 3rd. Market participants are curtailing the European currency carry trade operations in anticipation of an increase in the US key interest rates for December. Note that yesterday the DAX30 index lost almost 2%.
EURUSD, H4
The euro is approaching the $1.098 level.
ليست هناك تعليقات:
إرسال تعليق