Thread: Discuss all about FX open

Data out of the US showed that Chinese divested their Treasury holdings by the largest margin in over nine years. Holding close to 3 Trillion Dollars in US debt issues, China is the largest single owner of US debt and any rapid and significant sale of this debt could serve to destabilize the Dollar.

Overall, June saw 90.7 Billion Dollars worth of inflows into US securities, of which the US Federal Reserve bought nearly 23 Billion Dollars. Despite this information, the US Dollar rose broadly on the forex market yesterday spurred on by continued risk aversion.

I will follow you guys to long EU at lower positions, must be under 1.41 :D

long USD / JPY at 94.00

GBP/USD H4 charting analysis


buy limit 1.6490, S/L 1.6460, T/P 1.6650

Now, I changed to short EU at 1.4250, and got 30pips profits for every trade

do not short EU now, it is in uptrend

EUR/USD H4 charting analysis
sell limit 1.4300, stop loss 1.4340, target 1.4150

primarylogic, I follow you to short EU at 1.43 :D, I think we need to hold for a long time

As Muslims around the world begin the first prayers of Ramadan tonight, let us reflect..

* May this Ramadan be one we benefit fully from and give us a great increase in Iman (faith).*

* May our acts of worship multiply abundantly.*

* May we increase in righteous actions, and do good deeds sincerely for Allah Alone.*

* May our character become beautified, may our hearts become connected with truth and increase our respect for one another.*

* May we be saved from the punishment of the fire, and enter Paradise.*

* May Allah forgive us of our sins and have mercy on us all.*

Ameen

Have a happy and fruitful Ramadan from FXOpen!

GBP/USD H4 charting analysis


buy 1.6500, S/L 1.6450, T/P 1.6700