Hellow everyone,
I recieved some messages asking about my egy, within this page I'll answer all:
Simply I mix fundamentals with technical signals (Plus: currencies impacts to forcast next motion ), allow me to give an illuion:
yesterday, GBP jumped to 1.5250 after US new home sales statement while EUR/USD AUD/USD responded late after more than 60 minutes - Euro reached 1.28 and AUD reached 0.6585
From here we proceed ( Responded overdue ): but who is the leader? Yesterday GBP/USD was the leader however is that everytime? The answer is no. That the GBP direct other currencies to move up , then, EURO direct others to fall down.
Lets consider alive illuion in short term trading:
Currently, AUD analyzing 0.6180 resistance, its an extremely robust and expect it move up to 0.6330 and 0.6420
We will open position buy AUDUSD @ 0.6180 target 0.6330 SL@ 0.5970
and lets watch the movements of EUR GBP they are @ 1.2510 1.4750