Forex EUR/USD Daily Video, October 14, 2022

Sive Morten

Special Consultant to the FPA
Messages
18,702
Good morning,

Recent upside reversal has become a shock for market society since it was absolutely irrational to CPI numbers that we've got. We suspect that some external intruding (either Fed or Treasury) has taken place. Now we do not consider any short positions. Bulls could try to buy at 0.9740 and 0.97 support areas against 0.9630 lows:

 
Last edited:
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!

Ps. So same as yesterday really...lol.! :D
 
Back
Top