Dale J Pinkert
Independent Analyst
In today's TradeGATEHub Live Trading session, Coach @Dale discusses the recent performance of the USDJPY, forecasting its potential to reach $1.65. He addresses the phenomenon often referred to as a "dead cat bounce" in the EURUSD, analyzing its temporary recovery. Additionally, Dale reviews the rebound in precious metals (PMs) and shares his strategy of selling rips in the S&P 500 (SPX), suggesting a cautious approach to what he perceives as temporary market recoveries.
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EUR/USD remains firm and near the 1.0900 barrier
EUR/USD is finding its footing and trading comfortably in positive territory as the week wraps up, shaking off two consecutive daily pullbacks and setting its sights back on the pivotal 1.0900 mark—and beyond.
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