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fxsport commented May 5, 2022What a farce. If you want lower oil prices impeach the current POTUS who has stopped oil drilling and killed the Keystone pipeline. The USA USED to be a net exporter in 2020 until Brandon won.
OPEC+ agrees to stick to plan for gradual oil-output hike in June - source
- fxsport replied May 5, 2022
Sell sell sell at 1.2560
Different time frames - different perspectives.
Cable Update (GBPUSD)
- fxsport replied May 5, 2022
Missed all the action yesterday but I'm a bear on EU for awhile (longer time frames) Today I'm looking for 1 or 2 possible short positions: 1.Sell at the 38% retracement of the move from yesterday 1.0649 or 2. Sell on a break of the 1.0695 region. ...
EURUSD only
- fxsport commented May 4, 2022
The FED will raise another 0.5% at the June meeting as well. The FED doesn't care about the stock market (
)FOMC: Voted 10-0 For Fed Funds Rate Action
- fxsport commented May 4, 2022
Dear Mr. "POTUS" You stated that in order to reign in inflation the USA needs to reduce it's deficeit. How can the USA do that when you propose a 3 BILLION Build-back better agenda How can the USA do that when you have sent over 33+ BILLION in aid? ...
Biden: Reducing Deficit Is One Way To Ease Inflationary Pressures
- fxsport replied May 4, 2022
image PERSONALLY: It wouldn't shock me if EU rose after the meeting but longer term I am a dollar bull and Euro bear. USA interest rates are going to top 3% by the EOY and the EU hasn't event talked about their FIRST 0.25% increase and frankly ...
EURUSD
- fxsport replied May 4, 2022
@StivSha - Hey that is NOT a stupid question, actually it's a very good intuitive question. Here's the problem and it's a cliche: Buy the rumor, sell the fact. For example, using EUR/USD (my personal opinions and experience). A few weeks ago when ...
EURUSD
- fxsport replied May 4, 2022
It's not counterintuitive - try NOT to think like a day trader and look at the LONG TERM TRENDS
EURUSD
- fxsport replied May 4, 2022
It's just you. FED SHOULD raise rates by 0.75% today. If you read too much into a SINGLE REPORT then you will always be running around like chicken little claiming the sky is falling. ALL BS Aside: USA interest rates WILL BE 3.0% OR GREATER BY THE ...
EURUSD
- fxsport commented May 4, 2022
Sounds good on paper but trust me EVERYONE has a price - and it's a lot higher than you imagine.
Russia's Federal Security Service Facility in Bryansk Region Came Under Fire From Ukraine -...
- fxsport replied May 4, 2022
Respectfully disagree because... Stocks = part of a company. Stocks pay dividends, make products/goods/services (1 or all of the above) Currency = instrument used to pay for goods/services/products. So how can one invest in USD? Purchase it and use ...
EURUSD
- fxsport commented Apr 29, 2022
@NotAtrader, While you and I usually agree on this topic we could not be further from agreement. Please tell me WHY the USA should care enough about THIS conflict that the USA should spend BILLIONS of dollars when the USA cannot guarentee the safety ...
Russia's Federal Security Service Facility in Bryansk Region Came Under Fire From Ukraine -...
- fxsport replied Apr 29, 2022
Be cautious about that thinking - reasoning is this: Many traders have heard the rumor that the FED will raise 0.75% at the FOMC meeting rather than just the 0.5% increase - that is why the DXY has taken off this week. Now if the FED only raises ...
USD/CAD
- fxsport commented Apr 28, 2022
Massive hit????? Slow down cowpoke and take a deep breath. Firstly this was only a "preliminary" estimate and I guarentee you that the final Q1 won't print negative. Secondly this was 1.6% LESS than what they prevouisly had of 9+%??? Third the FED ...
Gross Domestic Product, First Quarter 2022 (Advance Estimate)
- fxsport commented Apr 28, 2022
How did that work for you ????
Gross Domestic Product, First Quarter 2022 (Advance Estimate)
- fxsport replied Apr 27, 2022
In what world are you living in? If you had written EUR/USD will go to 1.0 this year - that I'll give you.
EURUSD
- fxsport replied Apr 27, 2022
Yeah I think it's going to 70 this afternoon. I HATE that FF stopped the video's
EURUSD only
- fxsport replied Apr 27, 2022
I'm looking at the DXY driving this pair and it seems like this may "hold" at least for today. image
EURUSD only
- fxsport replied Apr 27, 2022
I got stopped out from my earlier trade so I'm jumping back in. image I'm thinking that DXY is due to pull back to 103 Plus I like the divergence on the 5-min chart.
EURUSD only