Hello traders,
today we have EUR/USD = 1.11111 and DAX = 11111.1
isn't this coincidence or this is a manipulated numbers. I am often wondering why this numbers act as in one case strong magnet and in other case as a strong support or resistance. Is it possible that it is a trend changing numbers in the present situation. DAX has been long waiting for shorting index. Euro is going to clear its loss from NFP against the dollar and if it gets stronger than I think DAX will fall very sharply.
June is going to be a month with increased volatility and I will try to watch carefully at the VIX
Good luck all
today we have EUR/USD = 1.11111 and DAX = 11111.1
isn't this coincidence or this is a manipulated numbers. I am often wondering why this numbers act as in one case strong magnet and in other case as a strong support or resistance. Is it possible that it is a trend changing numbers in the present situation. DAX has been long waiting for shorting index. Euro is going to clear its loss from NFP against the dollar and if it gets stronger than I think DAX will fall very sharply.
June is going to be a month with increased volatility and I will try to watch carefully at the VIX
Good luck all