Forex EUR/USD Daily Video, October 13, 2022

[Sive Morten]

Good morning,

Sentiment on financial market stands negative and EUR starts to show more bearish signs as well. We suggest sharp downside action today either in a way of just spike or direct continuation. We do not consider taking any long position by far:

 

[Brett Reynolds]

Market on Euro/$ still holds above 0.9700 on Daily closing basis. I am still holding 2nd Buy Limit position from last week! Simple as that.


As for £Stirling..it seems to be rallying' in spite of 'Culture wars', negative economic news and left wing Media Britain Bashing.!
I take NO Notice of this constant Garbage in the Media!
I'm sure the Media in Russia is NOT constantly 'Bashing the Rouble' or Vladimir Putin in spite of our Media telling us that things are not going to Plan in Ukraine..!?
I have added to my short positions on Euro/£ from 2 weeks ago..and i expect the £ to rally against the Euro over coming months with good Positive Swaps! Get on it..!!