
Is sgd strong or usd weak? 1.37? Waiting for the 1.4 days to be back.

Bloomberg TV says the dollar is oversold today.
I just looked at the RSI for US Dollar Index. Daily chart indicates oversold condition at 26%. So it is true.![]()

Now I on -sgd300 loss.
Eur/USD like gng to drop liao.


You open long position at what price and when?
On daily chart the RSI for US Dollar Index still indicates oversold condition at 28.55%. Recover a bit if compared to last night.

My long position ard 1.14+.
I think is only temp drop.
Tiagong eur/USD will raise to 1.16+.
Sent from Samsung SM-G930F using GAGT


My long position ard 1.14+.
I think is only temp drop.
Tiagong eur/USD will raise to 1.16+.
![]()
This morning no inspiration how to trade.
Mr Canberra can gib tips?
Maybe wait until later london and america come in got more clear indications.

If your EUR/USD long position is at 1.14 then you should not be in negative territory since yesterday.![]()

Tat time i lost sgd $700.
Yday recover a bit.
So now loss sgd 300.
Now dun dare to trade.
Let the market move first then see how.
![]()



DOLLAR-YEN: MNI ORDER BOARDS
*Y113.58 Jul14 high
*Y113.04/38 50%/61.8% Y114.49-Y111.58
*Y113.00 Medium offers
*Y112.87 Jul17 high
*Y112.69 Jul18 high, 38.2% Y114.49-Y111.58
*Y112.23/38 Intraday high, Hourly resistance
*Y112.00 Minor offers building/Y111.98 61.8% Daily Y112.23-111.58
*Y111.66 ***CURRENT MARKET RATE 1313GMT WEDNESDAY***
*Y111.58 Intraday low
*Y111.46/25 Jun27 low, Daily cloud top
*Y110.99/96 61.8% Y108.83-114.49, Jun22 low
*Y110.65 Jun16 low
*Y110.34 Jun14 high, now support
*Y110.17 76.4% Y108.83-114.49
*Y110.00 Strong demand, stops

EURO-YEN: MNI ORDER BOARDS
*Y131.00/02 Strong offers, barrier reported?, Feb5 2016 high
*Y130.77/91 Jul11 high, Feb8 high, 2016
*Y130.68 Jul12 high & 200-wma
*Y130.23 76.4% Y130.77-Y128.50
*Y130.00 Offers on approach/Y129.90 61.8% Y130.77-128.50
*Y129.54/75 Asia high, Jul18 high
*Y129.07/18 50%/61.8% Daily Y129.54-128.60
*Y128.75 ***CURRENT MARKET RATE 1324GMT WEDNESDAY***
*Y128.60 Intraday low
*Y128.59/50 Jul14-13 lows, Stops
*Y128.13 21-dma
*Y128.10/00 Medium demand/Y128.00 Jul6 low
*Y127.57/45 38.2% Y122.40-Y130.77, Jun30 low
*Y127.00 Strong demand
*Y126.59/49 50% Y122.40-130.77, Jun28 low


See the similarities between USD/JPY and EUR/JPY.
127.0 is the ultimate aim.
