{"id":96,"date":"2020-05-22T21:34:18","date_gmt":"2020-05-22T21:34:18","guid":{"rendered":"https:\/\/www.from1tomillion.com\/blog\/?p=96"},"modified":"2020-05-22T21:52:00","modified_gmt":"2020-05-22T21:52:00","slug":"eurusd-and-gbpusd-into-next-week","status":"publish","type":"post","link":"https:\/\/www.from1tomillion.com\/blog\/2020\/05\/22\/eurusd-and-gbpusd-into-next-week\/","title":{"rendered":"EURUSD and GBPUSD into next week"},"content":{"rendered":"\n<p>When it comes to GU, the plan from last week is still on. Target 1 was hit very fast, on monday already and target 2, which was 2350, could be hit next week. Since EURGBP is turning, I will be turning more towards a stronger pound over the euro, so I am looking to sell EU next week, once we reach the 1000 area again. If EG keeps dropping, as expected, GU may go up, even if EU goes sideways or drops a little. So its <strong>not a good idea<\/strong> to look for correlation between EU and GU next week and <strong>long or short both at the same time<\/strong>. They may go different directions many times of the week, so be careful.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"402\" src=\"https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2020\/05\/GU-2-1024x402.png\" alt=\"\" class=\"wp-image-101\" srcset=\"https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2020\/05\/GU-2-1024x402.png 1024w, https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2020\/05\/GU-2-300x118.png 300w, https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2020\/05\/GU-2-768x302.png 768w, https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2020\/05\/GU-2.png 1138w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>The plan, when it comes to EU, is to buy towards 950 and then look for shorting opportunities close to or above 1000. I have 3 targets, 950, 990 and 820, not necessarily for next week, so we need to wait for the week to unfold to see which direction we&#8217;ll go towards first. I expect a bull first, early in the week.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"403\" src=\"https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2020\/05\/EU-1-1024x403.png\" alt=\"\" class=\"wp-image-102\" srcset=\"https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2020\/05\/EU-1-1024x403.png 1024w, https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2020\/05\/EU-1-300x118.png 300w, https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2020\/05\/EU-1-768x302.png 768w, https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2020\/05\/EU-1.png 1141w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>I have a medium to <strong>long term target on EG below 8500<\/strong>, so I will choose my EU and GU trades accordingly to that. That is, of course, if 9000 on EG stays safe and untouched. This week, we had 2 attempts to break it and market couldn&#8217;t even touch it, turned both times at 8999, which is a strong sell signal.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"402\" src=\"https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2020\/05\/EG-1-1024x402.png\" alt=\"\" class=\"wp-image-103\" srcset=\"https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2020\/05\/EG-1-1024x402.png 1024w, https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2020\/05\/EG-1-300x118.png 300w, https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2020\/05\/EG-1-768x302.png 768w, https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2020\/05\/EG-1.png 1140w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>When it comes to GU, the plan from last week is still on. Target 1 was hit very fast, on monday already and target 2, which was 2350, could be hit next week. Since EURGBP is turning, I will be turning more towards a stronger pound over the euro, so I am looking to sell [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.from1tomillion.com\/blog\/wp-json\/wp\/v2\/posts\/96"}],"collection":[{"href":"https:\/\/www.from1tomillion.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.from1tomillion.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.from1tomillion.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.from1tomillion.com\/blog\/wp-json\/wp\/v2\/comments?post=96"}],"version-history":[{"count":2,"href":"https:\/\/www.from1tomillion.com\/blog\/wp-json\/wp\/v2\/posts\/96\/revisions"}],"predecessor-version":[{"id":104,"href":"https:\/\/www.from1tomillion.com\/blog\/wp-json\/wp\/v2\/posts\/96\/revisions\/104"}],"wp:attachment":[{"href":"https:\/\/www.from1tomillion.com\/blog\/wp-json\/wp\/v2\/media?parent=96"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.from1tomillion.com\/blog\/wp-json\/wp\/v2\/categories?post=96"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.from1tomillion.com\/blog\/wp-json\/wp\/v2\/tags?post=96"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}