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Avnish26 has taken 13th place in Strategy Contest Jan 2018

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GERMAN COALITION TALKS FAIL

GOOD EVENING ALL!!
I was watching EUR/USD whole day as I was uncertain how EUR/USD will react to the failure of coalition talks in Germany which may cause political uncertainty for a while and elections for a second time next year in Germany.
In the european session EUR/USD had gained almost 70 pips but the day progressed it had erased all its gains and now it is near to the day's lowest level. On the daily chart formation says if it breaks the today's low it might touch again its latest low of …
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EUR/USD

GOOD EVENING ALL!!
This week I will focus on EUR/USD as last week published GDP data of Germany and Italy were quite high as per expectations so we have seen nearly 300 pips growth in EUR/USD from the low of 1.156 level. This week whole Euro zones GDP will be published and hopefully it will be near to expectations and if it come true then we might see EUR/USD crossing its latest high of 1.86. So I will keep watch on EUR/USD and will try to enter into long position as I get it on my desired level…
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