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North Korea's missile test makes USD depressed

airlangga Posted 6 Set in #Trader's blog

The effect of North Korea's missile test makes the USD weaker against the currency of its partner. The sharp weakness of the USD that occurred in recent days strengthened its currency. such as GBP, up to 1.30813. and then it goes back and forth.
So also with EUR, JPY, CHF and other currencies.
Hopefully the North Korean missile problem is not constantly pressing USD.

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Next GBPUSD

airlangga Posted 24 Ago in #Trader's blog #Gbpusd Short

How will the GBPUSD price move forward?
Which I can read from the indicators I use, and the current screen shoot like the following picture. Where the price position is now at 1.27997, with the lower limit with the Fibonacci I set 0% (1.27724) with the first upper limit of 23.6% (1.28336) which means the current price is more or less hanging in the middle between the upper and lower bounds.
By using Stochastic (5.3, SMA, 3, SMA), where Slow% K: 37.913 will cut Slow% D: 48.524 from above, which m…

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About USDJPY

airlangga Posted 23 Ago in #Trader's blog #Usdjpy Long

Having previously USDJPY pair experienced a very sharp downtrend. Looking from the stochastic chart indicator, where Slow% K and D are already around the support line, and seen from the Slow% K image will cut from the bottom of Slow% D, I think the time is nowhere to take BUY decision than SELL.

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