fx market

hello,

we have calm before storm at this moment....

Bernanke today...

yesterday...

eur-usd - worst than expected us data but usd holds ground, my small longs was stopped at cost,

usd looks strong, all bad news is fully in price in my opinion, we will see eur-usd below 1,2700 and lower very soon but.... Bernanke today...

all in all i took again small short...


usd-jpy - worst than expected jpy data, jpy strong sell-off, i took yesterday another long at 116,35 with 117,15 target, it was good call,

pair is near long term downtrend line, if this line will be taken out long term target could be even 140...


eur-cad - long was stopped :(

all in all buy usd on dips should work well...

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