Wed. May 22nd, 2019

Trading opportunites based on the ForexMillionaireStrategy – 2019-05-09

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The first pick for this Thursday is the EURGBP. The RSI Divergence is clear and the European session will be probably very calm, so we daon’t have to worry about the fundamentals.

The GBPUSD, like other GBP pairs, will probably retrace soon. The GBP felt a lot, so probably the buyers will come soon and pump up the price a bit.

The economic calendar is not too strong. The Job data could be an interested one at the beginning of the US trading session, but I am sure that everyone will wait for the Fed’s President, Jerome Powell’s speech. So be careful.

 


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