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NewBie Journal

Discussion in 'Trading Room / Jurnal Trading' started by OSN, Sep 10, 2019.

  1. OSN

    OSN
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    EURUSD
    [​IMG]

    The Euro has initially tried to rally during the week but then broke down significantly to reach towards the 1.11 handle. Interestingly enough, it is the middle of the range that we have been in for some time now.
     
  2. OSN

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    USDCAD
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    USD/CAD – Canadian Dollar Calm Ahead of Fed Decision
    The Canadian is steady in Tuesday trade. Investors are looking ahead to Wednesday, when the Federal Reserve releases its rate decision.
     
  3. OSN

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    GBP Broke Through Important Levels.
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    On Wednesday, the pressure in the financial markets has slightly decreased after Bloomberg reports that China and the U.S. are edged closer to their positions on trade and can avoid a new wave of escalation
     
  4. OSN

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    EURJPY
    [​IMG]

    EURJPY has formed a bullish Adam and Adam 1-2-3 pattern and we should see a continuation move to the upside. The pattern looks very similar to W pattern but it is more V-shaped, with two double legged bottoms. (1 and 3). Above 121.45 the price will target 121.54, 121.99 with a potential towards 122.53. ATR projection is 122.03 so that could be the intraday target.





     

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