Let’s start this week with money. I was reading about the new VAT in Spain, which could trigger a drop in EUR price. However I’m still expecting more news, which means it could be a rough week for newbie traders and it is, of course, shaping up to be a very risky week. I wouldn’t put one cent in EUR vs. any currency right now, meanwhile……
Let’s check the market:
GBP/USD:
I think it will rebound, and stochastics support it, so BUY it, EP around 1.549, TP @1.552, SL @1.547
AUD/USD:
BUY it too, EP around 1.0177, TP @1.019, SL @1.0158
USD/CAD:
SELL it around 1.02065, TP @1.018, SL @1.022
SPX500:
BUY it around 1346.63, TP @1354, SL @1338
USD/MXN:
BUY it around 13.44379, TP @13.5, SL @13.38
Good Profits!
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