Euro Vulnerable
Each evening we
focus on the most interesting aspects for the upcoming
trading day. The comments are based on observations of the
nightly updates of the Futures and Market Bias pages. They
are provided for educational purposes only and are not
intended to be direct trading advice. Also, keep in mind
that these remarks are made up to 12 hours in advance of the
markets opening. Therefore, overnight events may alter the
outcome of these observations.
There’s not too much to look at again tonight. It’s times like these where the
best thing to do is to wait.
Considering the above, about all I could find interesting was the March Euro
(
ECH2 |
Quote |
Chart |
News |
PowerRating):Â
The Dollar has begun to pull back and could make another leg higher soon.
This could have a negative impact on the Euro which stalled out in its rally
from lows on Thursday.
Looking Ahead
The energies have begun to pull back from their recent run up. They could set
up soon.
Best of luck with
your trading on Friday!
face=”Arial, Helvetica”>Dave Landry
P.S. Reminder:
Protective stops on every trade!
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