Release： 10/23/2022 20:12

Update： 10/23/2022 20:16

Series

We deliver daily day trading strategies for Euro Dollar (EURUSD) and Dollar Yen (USDJPY).

FX Today's Trade Strategy 10/24

〇EURUSD Euro Dollar

・Friday's Trade

Traded not on Friday due to circumstances.

・Market Environment and Today's Strategy

A strong upward wave has occurred on Friday.

Whether this rally will continue from last Monday's rise remains to be seen.

Rates to watch today are around 0.9850 to 0.990.

I want to pay attention to price action at the weekly high of 0.9875.

If it drops and is supported at 0.980 or 0.9750, consider going long after waiting for a W-bottom.

・Friday's Trade

Traded not on Friday due to circumstances.

・Market Environment and Today's Strategy

The buying interest seems to have been greatly diminished by last Friday's intervention.

Currently, it is volatile and unpredictable.

In a situation where the future is unclear, it is difficult to action.

I want to trade after sufficiently allowing it to pull back to key levels.

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