Let’s just get to it shall we. EUR Short-TermSo a while ago I had said the target was reached and while that was correct, this was just the resistance target. A short while later we did actually move even higher to basically match 1.1445. Thereafter we teased the resistance level a couple more times and …
Real updates on Oil and Russell will come later (end of week? not sure). Oil is kind of still at an inflection point though. However I’m leaning towards bearish and a target of at least $34 but since it’s the middle of the week and I don’t track short-term oil, especially when it’s mid-session no idea …
Going to skip TF and Oil today. This because TF hasn’t broken resistance but isn’t exactly reversing trend either; building something constructive but nothing worth making a note of right now. Oil meanwhile just kinda continues to chill around the 40 level. So I’ll begin with the long-term chart and work down to the short-term. So …
I will make the case for a potential rally coming in the EUR/USD in the last section of this post…and first I’ll start with TF. I don’t like going into shorter term charts, but that has to be done at this point to see what’s going on. Right now what will determine if TF goes …