Intraday trading - page 13

 

On the cable, I continue to sell, the last upward wave, although five-wave, is composed of threes. Therefore I consider it as a KDT. Imho...


 
Sostratos FX Daily Strategy: Sell AUDUSD: Entry: 0.87320, Target: 0.85520, Stop Loss: 0.87870
 
Sostratos FX Daily Strategy: Sell EURUSD: Entry: 1.23560, Target: 1.22410, Stop Loss: 1.23910
 
Sostratos FX Daily Strategy: Buy AUDUSD: Entry: 0.85880, Target: 0.87080, Stop Loss: 0.85480
 
 

On the small ones there is a downward momentum...


 

Sostratos FX Daily Strategy: Sell EURUSD: Entry: 1.23120, Target: 1.21370, Stop Loss: 1.23720

Sostratos FX Daily Strategy: Sell AUDUSD: Entry: 0.86910, Target: 0.85810, Stop Loss: 0.87160

 
The euro/US dollar pair rose to an intraday high of 1.2362 on EBS, versus 1.2328 at Thursday's close. Rising commodity prices and US equities after earlier declines helped investors switch to trading riskier assets. The US dollar traded lower against most other major currencies from the previous day's close. The dollar/Japanese yen is trading at 89.34 versus 89.49. The British pound/dollar pair is trading at 1.4995 versus 1.4924. The ICE dollar index, which is an indicator of the dollar's value against a trade-weighted basket of other major currencies, was 85.466 versus 85.760.
 

A bullish option on the euro...


 
Greece is putting its islands up for sale after all

Greece is preparing to sell or lend some of its 6,000 sunny islands in a desperate attempt to pay off debts, The Guardian says (translated by InoPressa).

The newspaper has learned that Mykonos, one of Greece's top tourist destinations, is being offered for sale among other properties. According to a source close to the negotiations, a third is owned by the government, which is looking for a buyer willing to invest in the development of the luxury tourist complex.

Potential investors eyeing the Rhodes property are mostly Russians and Chinese. Investors from both countries see the Mediterranean as a tourist destination for their wealthy populations. Roman Abramovich is allegedly among the interested parties, although his spokesman denies that he intends to invest, writes author Elena Moya.

"It makes me sad - selling off islands or territories belonging to the people of Greece should be a last resort," said Makis Perdikaris, director of Greek Island Properties. - But first and foremost we need to develop the economy and attract foreign investment to build the necessary infrastructure."