A squawk by AlanCollins on tradingfloor.com

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From the Floor: EM, China feeling the heat

Both the CNY and the CSI 300 continue to weaken into the weekend with the firm USD and the continued trade war and growth concern narrative weighing on China.

05 July From the Floor: Euro stages comeback but yuan recovery wilts

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28 June From the Floor: USD rallies as Chinese stocks hit the danger zone
01 June From the Floor: 'Trade war is here' — #SaxoStrats

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

03 July

JVKNL

Good morning Alan and thank you.

03 July

KS2011

Thanks Alan

03 July

Lukas78

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

03 July

AlanCollins

Not now the first target was met.

03 July

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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