oy vey
I am pretty sure that trading under emotion is not a good tactic
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Fahmi Quadir, short seller nicknamed ‘The Assassin,’ takes aim at for-profit college giant Adtalem – cnbc
“It makes me mad, and I feel that everyone should be angry that our money is being abusefd in such a careless, careless kind of way,” Quadir said.” “And what do the executives of these for-profit universities do? Well, they pay themselves very well, and they also buy back plenty of their stock.”
maybe .. I ll be wrong this time
ECB’s Nagel (hawk) says Germany’s economic outlook is not great. Inflation is absolutely moving in the right direction.
Source: Newsquawk.com
I’ll offer my 2 cents (overvalued at that).
Treasury QRA less than expected maybe provokes some USD demand. But maybe they’re lying too. So maybe doesn’t provoke. Increasing threat of escalation in the Middle East? Maybe sees flight into USD.
Fed? Maybe more likely than not they eases off the inflation mantra and start to set market up for limited cuts -> USD negative to some degree.
NFP? who knows. At the end of the day I’m of the mindset its a made up number.
That it’s frolicking around the 200 day fools game levels maybe is no accident in the land of the non-committed….
EURUSD
The pair is trying to turn Up , as the FOMC is approaching this week.
Resistances are at 1.08400 and important one at 1.08850 – break of would open the way for attack at 1.11000
Immediate support comes at 1.08250/300 and needs to hold for any reasonable attack of the resistances.
Major support comes at 1.07350
Buying EUR intraday is a way to go – and always watch for that 1.08250/300…if goes bellow, count on 100 pips lower easily.
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