Video

Kim Cramer 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 / 05 July 2018 at 5:59 GMT
Partner at 3 C ANALYSIS / 3cAnalysis
United Kingdom
EURUSD - Bullish Morning Star Dominates
Despite the Bullish Morning Star in the background, there was limited movement in EURUSD yesterday. The US holiday did little to encourage trading and, for a 2nd day in a row, the market oscillated around the 13 day mvg avg and remained within Monday’s parameters. Obviously this type of price action does not create clear signals for sentiment but aggressive gains in Asia are confirming the positive bias.
Buy at 1.1675 and 1.1656
Stop is .1.1618 offered
Targets - 1.1700, 1.1720 and 1.1743.
Closes 4pm London time
05 July
JVKNL JVKNL
Alan you published at 8 and the EUR/USD dis the target price at 8 too.
05 July
AlanCollins AlanCollins
yes. Market moved too fast for me. Original call only written 30 mins previously and prices rose by 50 pips between then and the open. These things happen. Wouldn't chase things up here though
05 July
JVKNL JVKNL
So this one has never been of value. Why not do another one? :))
05 July
JVKNL JVKNL
F.e. that on monday the eur/usd will go down again to 1.16?
05 July
IL IL
because they are in a hurry to cover the options expiring at 1,17+ today before the dollar bying will start to dominate ahead of FOMC meeting later today. Just do the opposite- short at the highest targets if it will go there :-)
05 July
marran marran
you see the euro coming back down after the options expire IL?
05 July
marran marran
Hi IL EUR/USD

1.1600 EUR 911m
1.1620 596m
1.1625 700m
1.1700 2.3bn
1.1745 931m
1.1800 750m
not sure it will go to 1.1800 though? what do you think?
05 July
IL IL
there is almost no resistance now in the low liquidity hours to pump up this pair . But it will be when the EU and later US market opens. Therefore I believe it can go down even before option expiration . But most save to short at the highest levels https://www.forexlive.com/orders/!/fx-option-expiries-for-thursday-5-july-2018-20180705
05 July
IL IL
it is quite enough with 1, 1745 :-) IF it can...
05 July
marran marran
i have a pending short in at 1.1725 and just above as well
05 July
marran marran
GBP/USD

1.3300 GBP 319m
1.3345 248m
1.3355 360m
The 1.3300 looks achievable at the moment
05 July
marran marran
its not a large amount though
05 July
Cesime Cesime
Hi IL may I ask a question?
05 July
IL IL
you just did :-) ... you asked me a question
05 July
marran marran
hahahaha
05 July
IL IL
Allan's second target is hit where I 'm short at 1,1719 for NFP sake :-)
05 July
IL IL
...and off course FOMC sake later today
05 July
marran marran
im also short IL

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