Forex EUR/USD Daily Video, October 05, 2022

Sive Morten

Special Consultant to the FPA
Good morning,

It seems that Fed has given markets liquidity, triggering pre-elections rally that should last for 3-4 weeks. EUR, as other markets could climb higher. We consider 1.0280-1.0310 as most probable area. Pullback to 0.9820-0.9830 might be interesting to consider the long entry:


soul rebel

Good morning Sive
today's video seams to be blocked?

false alarm.... it is working fine
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Brett Reynolds

Sergeant Major
Some technical Pullbacks as markets just oversold on Monthly and weekly charts.
I took some profits from my short positions because i felt that the volatility in UK markets came last Friday right at the end of the Month. This also coincided with US stock markets being very oversold.
I used stochastic and RSI to look overbought and ovesold levels on weekly and monthly charts.
Alarm Bells started ringing last Friday 30th Sept! ;)