Saturday 9 July 2016

EUR/USD

My latest bearish signal for the EUR/USD was on 20 December 2015.Since then EUR/USD ratio rose by 1.84% and I was wrong on my forecast for it.This week I got a bullish signal for the eur/usd based on the total number of new long contracts opened(39,391) vs total number of new short contracts opened(10,477) in the last 3 weeks.This means new long contracts for this currency ratio outnumbered new short contracts by almost 4 to 1.This is bullish and I expect the EUR/USD ratio to go up in the coming days/weeks.Check out my strategy and trackrecord2016 file on my free websites:

No comments:

Post a Comment