Wednesday – Economic Calendar
USD ADP Employment Change
USD Chair Powell Testimony
USD US JOLTS Jobs Openings
BTC DAILY CHART; PUMP and DUMP
New record high and then finally some profit taking.
Key resistance is obvious
Supports are a guess look for 60000-62000 to act as a likely support zone. If this zone fails to hold then there would be a deeper correction risk.
USDJP 5-Minute Chart
Typical news overreaction where 2nd red AT line gave a sign for a fade trade.
The wait is now on for Powell’s testimony tomorrow and to state the obvious, 150 will ULTIMATELY SET THE DIRECTION GOING FORWARD.
Monedge hit it on the dot … EUR has to wait the ECB
Sterling should retest value in the 2680 area or lower even if not today I believe. Prefer the sell side from the 2725+ area if seen.
All Yen pairs have room for value to be sought above current market, so not touching them until they get higher.
EurGbp bid from 8530 area looks decent
HFreaquency and 5min or less chart artists’ playground now
bobby c SF 4:26
BTC n of 69K – my neighbour, 72yr old widow, calls me up asking if she should by BTC, she getting phonecalls from some peddler to “invest”
No way Eu holds the bid headed into tomorrow, European Union is full of it lol.
Knez – next 30 min bar
Bobby 4:18 pm
crucial is half hour from data release or half hour from now?
JP – next half hour is crucial…if this is for real, they’ll go through it.
bigger point is that 1.0880 Res has not capitulated
re euro: 10:00 am degenerate hanki-panki, someone had a boil and needed to expunge the puss
don’t complicate life with “studies” and “essplainers”
Nope Knez 😀 I just check when are they, so I can avoid being pulled in or be exposed to it.
Eu 0874 sell filled, lets see if it sticks
Bobby 4:05 pm
don’t you follow data release?
I am happy to obey my rule to exit all trades prior to data release
