A squawk by AlanCollins on tradingfloor.com

Video

Technical analysis webinar – A view of the market: Larsson

Areas covered in this webinar by Saxo Bank technical analyst Kim Cramer Larsson include EURUSD, USDJPY, GBPUSD, EURGBP, gold, silver, S&P 500, the Nasdaq, the Dax, the FTSE and the Dow Jones.

Squawk / 03 July 2018 at 5:46 GMT

AlanCollins

Partner at 3 C ANALYSIS / 3cAnalysis

United Kingdom

EURUSD - Bullish Morning Star dominates background.
The market failed to build upon the Bullish Morning Star pattern that ended last week yesterday. In fact, the negative reaction to Friday’s gains took EURUSD back to test the 13 day line and Friday’s Marabuzo line. Those points held, on a closing basis and so, despite net losses, our intraday technical studies are assessed as mildly positive.
We look to Buy in 1.1630/35 area and any 1.1600 dip
Stop is 1.1570 offered
Targets - 1.1656, 1.1685 or even twds 1.1720.
Closes 4pm London time

1y

JVKNL

Good morning Alan and thank you.

1y

KS2011

Thanks Alan

1y

Lukas78

Good morning, Alan. Is this trade idea still valid?

1y

AlanCollins

Not now the first target was met.

1y

IL

looks like this pair is stucked in the descending triangle in a bear move under SMA200 on 4 hour chart......

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