Europe has Strength

The Euro and GBP continue to rule the Market today:

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  • Paul

    Thank you very much for the excellent Daily Analysis as always Nathan.

    Can’t believe I hadn’t noticed the Gbp Aud move that started back in March on the weekly chart at the all time lows. At least 5 weekly candles indicated rejection of lower prices! Lets see if we can find a pull back and a good trigger to join it up to 1.64 / 1.65? Well done for bringing that one center-stage

    Disappointed that the Usd Jpy hasn’t reacted to 100.0 as I have been patiently waiting for a long trigger here, which hasn’t happened

    Cad Jpy shook my long out, but I haven’t ruled out taking another opportunity if it arises at around these levels

    AudUsd is interesting too, as its convincingly broken last years lows, which I wasn’t expecting, so instead of catching the falling knife I’m searching short triggers on any re-tracement to previous support to become resistance

    Thanks again