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busifx replied May 17, 2023i suspect we we might see either of 1.24 or 1.25 today. my money on 1.25 as at now.
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busifx replied May 17, 2023Damn that USD spike. anyone know the reason? looks like technical buying to me. / long GU @2430 to target 2500 levels. stops below 2390
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busifx replied May 16, 2023Long @ 2495 to target 2530 levels. leaning on current DXY resistance @ 102.55 will exit if price breaks back below 2485
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busifx replied May 16, 2023Watch out for DXY 102.55 resistance. some mangy hungry dollar bears could crawl out of the woodwork here
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busifx replied May 16, 2023Long GU @ 2503 to hold till 2550 resistance levels. tight stops on this one just below 2489
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busifx replied May 15, 2023Watch out for the DXY 102.40 Support. Last liquidity play of the north american day Dont get dragged into low liquidity na close/asia open
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busifx replied May 15, 2023Bullish above 1.25 will exit my long if price breaks back below 2493. Target is 2540 by end of day 102.40 next support for DXY. if this level is unable to hold i would expect price to drop further to test 102 figure.
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busifx replied May 12, 2023its one of those days i guess. Definitely holding my long @ 2455 into next week if price doesnt kaput below current levels.
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busifx replied May 12, 2023GU bulls spotted making a hurried escape 2436 is the last bastion for them
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busifx replied May 12, 2023Definitely some funky stuff going on there. not sure why the usd would be appreciating.
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busifx replied May 12, 2023Not much downward movement on Gu despite USD breakout...
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busifx replied May 12, 2023If DXY price cant break above 102.15 i suspect the GU bulls might make a raid for 2565
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busifx replied May 12, 2023Two packs of hungry looking grizzlies were last spotted at the 102.15 handle. That area is quite vulnerable to a stop raid which could exacerbate any movements off there and giving today is Friday, markets would probably have some sleek tricks up ...
Cable Update (GBPUSD)