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πŸ’΅ Long USD At Cheap Levels Way To Go πŸ“ˆ

In Forex majors, the story is one of positioning for USD long-sided bias at discount prices. In the case of the Euro/US Dollar, a topside auction at the high-end of its established range was gratefully sold amid the highlighted divergence it presented with our prop USD index. A similar play in the AUD/USD or GBP/USD, with sellers stepping in to sell the strength...

✨My name is Ivan Delgado, Market Insights Commentator at Global Prime and FX Trader. I am on a mission to pass on my decade-long knowledge by providing regular market commentary and educationa that is applicable, actionable and insightful (no-nonsense).

πŸ”΄ In Forex majors, the story is one of positioning for USD long-sided bias at discount prices. In the case of the Euro/US Dollar, a topside auction at the high-end of its established range was gratefully sold amid the highlighted divergence it presented with our prop USD index. A similar play in the AUD/USD or GBP/USD, with sellers stepping in to sell the strength…

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πŸ’²If you’d like to access the G8 FX Indices I use, feel free to access the following public document (copy/paste the blue box in tradingview) Β or alteatively, you can access the indices charts via Mataf.net