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It´s Tuesday, May 22nd my name is Viktoria Balint and you are watching Axiory´s Broadcast.
Let’s start with the technical outlook for the euro dollar. If price holds above daily
pivot we can expect rebound towards R1 resistance and probably further rise. On the downside
if price falls below daily pivot it will focus on support S1. Break below this level will
re-test previous low and target will be at S2 support. Overview of Axiory´s chosen indicators
shows a bullish trend for the Eurodollar.
Secondly we have the dollar yen outlook. If price holds above daily pivot we can expect
rise towards resistance R1 where price may be limited. Consolidation will probably continue
above daily pivot but further fall below this level will be indicating that consolidation
is completed and we can expect fall towards S1 support and further fall isn’t excluded.
A vast majority of our indicators expect a bullish trend today.
Following that, our outlook concerns the sterling dollar. We are expecting price will probably
fall below daily pivot and it will focus on support S1. If price rebounds from this level
consolidation will continue but further fall will be suggesting end of consolidation and
next objective will be at S2 support. According to the summary of chosen indicators we can
expect a bearish trend.
Finishing up our outlook is the dollarfranc. Price will probably break above daily pivot
and it could re-test recent high but price will after this minor correction continue
in decline towards S1 support and further fall towards S2 support isn´t excluded. Indicators
show a bearish trend for the dollar franc today.
First news for today will be released at 9:30 am GMT and it will concern about monthly figures
about CPI in the United Kingdom. It is expected rise 3.1 percent which is decline by 0.4 percent
compared to previous figures when inflation rose 3.5 percent. Also high impact on the
sterling can be awaited.
Also we can expect another survey from England at 9:30 am GMT. Office for National Statistics
is going to publish numbers about public sector net borrowing. In a previous report net borrowing
rose L15.9 billion and now is expected fall to minus L8.5 billion. It will have a high
impact on the pound.
Last news for today will concern about existing home sales in the United States at 3:00 pm
GMT. National Association of Realtors will release monthly survey in which is expected
rise in sales from 4.48 million to 4.62 million. Also it will have a high impact on the dollar.
And finally we bring you our summary of the best traders and their strategies on Axiory
which are available to you.
Glimspy strategy for Swiss franc yen in the MirrorTrader is holding at first place with
386.1 pips. It is followed by Glimspy for euro yen which is at 720.0 pips and third
place is occupied by Pminvestcapital which raised 257.5 pips. The biggest change today
was recorded in MultiTrade where Lowrisk invest added 171.2 percent and was able to get above
7k percent level. Only 1.4 percent rose next V9direct strategy at second position. Forexgaam
added almost one percent to total 213.1. And last, Trade Leader´s strategies remained
unchanged from yesterday.
And on this date in 1990 Microsoft released the Windows 3.0 operating system.
Thanks for tuning in to Axiory´s broadcast and have a great day trading, bye for now