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Today's Trade & News

Dollar is Ready to collapase?

Small Part from today's Flashnews from currency sections:

Wednesday most of currencies gained value ahead of FED news which was bit strange but that confirms that dollar is nearer to top, and 97.18 level will play role like wall of China.

After FED announcement when market start falling and dollar start rising, I saw this as temporary move and that’s the reason I never sent any update because I don’t wanted to traders to get confuse. I hold my predictions to stay along with emerging market currencies and frontline currencies. Avoid commodity currencies like Australian and Canadian dollar.

2019 seems dovish for FED that what Powell indicated with fever hike.

Thursday and Friday get into most of currencies without fear, stay long in euro, Pound and emerging market currencies as big money making cycle have started in currencies.

Euro is toward 1.1675 and Pound 1.3165 in the few weeks’ time, so ignore FED hike as it won’t support dollar so keep his in mind. Big positive astro cycle is about to begin in currencies, long up emerging market currencies.

This is what we stated yesterday and holding same predictions: FED meeting on Wednesday won’t able to help US Dollar at all so regardless whatever FED does today won’t help dollar, Euro and Pound will move higher so I highly recommend currency traders to sell dollar and get ready to buy some aggressive positions in Euro, Pound and Australian dollar. Also stay long in Rupee, Rand, Real and Peso, stay long in emerging markets.

So far our predictions of dollar not moving above 97.18 level proven very accurate.

Euro may move toward 1.1575 and Pound 1.3075 level.

We stated this four months ago and are keeping the same recommendations - Great selling in euro around 1.2488 to 1.2555, Pound 1.3988 to 1.4375, Canadian 0.8188, and Australian dollar 0.8098.