Forex Day Trader's Thread

usd today

The USD stay strong against the Euro & GBP
The only currency resisting is the JPY: USD/JPY went down 90!
Expectations: Optimism around the USD
 
the euro is really stuck in a downward moving range on my 30 minute charts.... it has been just easy money shorting the top of the range and buying the bottom. looking for a possible breakout soon
 
yup, euro probably will have a choppy morning here and try to reach its upper range, although I may be wrong
 
cable has finished its 2nd wave in the last 4 days, now it's time it finds its way back up to (maybe) 1.611x and stay side way for a day or 2
 
Citigroup says that the dollar’s weakness will probably slow as it has bounced off support levels and failed to extend beyond resistance levels. I would consider taking this trade off for the short-term, even though I am bearish on the dollar long term.
 
i personally wouldnt put much stock in anything citigroup says haha, but maybe theyre right
 
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