Daily Forex trading with Price action strategies, pivots,fibos & supply and demand zones - Continue

[robertrfx]

Double top on UsdInr due to rumors about an intervention by the RBI? India 'Pumped' On Intervention Speculation; Everyone Else 'Dumped' | Zero Hedge

View attachment 11057

What's the spread for USDINR ? I think it's bit higher

 

[robertrfx]

Holding a Cable long and going to close with the current bearish move

 

[alanrox]

Holding a Cable long and going to close with the current bearish move

View attachment 11080

Hello Robert,

I think GBP still holds the 1.5550 barrier. I am also planning longs

 

[elisab]

Still chances of a rise for AudJpy until area 92.50, then the top of wave 4 will block the way to bulls.

 

[elisab]

The 10 years Indian government yield pays more or less 570 basis points more than the 10 years U.S. one.
India Govt Bond Generic Bid Yield 10 Year Chart - GIND10YR - Bloomberg

 

[elisab]

The technical approach of AudUsd is really interesting; in case of a break of 0.95, possible return to 0.95.

 

[elisab]

The neckline has been broken upward. At this point, after exceeding 0.9310 there are no more up to 0.95, 38.2% of the last downward leg.

 

[elisab]

Is the race over for the Aussie?

 

[MargaretLekker]

Today Buy EURUSD 1.32884 Gain 79 points as Stochastic Oscillator Technical use, Moving Average and CCI.

 

[willforex]

Is the race over for the Aussie?

View attachment 11174

Don't think so. Looks like retracement completed and back in action