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Level and Target Adjustments for the U.S. Session – May 4th
Today, only the euro was traded
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Today, only the euro was traded using the Mean Reversion strategy. I traded the pound using the Momentum strategy.The euro, pound, and other risk assets declined following news that Iran had attacked a U.S. military ship attempting to enter the Strait of Hormuz area. However, the Americans have so far denied that such an attack took place. It hardly needs to be reminded that the situation in the Strait of Hormuz region is currently one of the key factors determining
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Miroslaw Bawulski,
Analytical expert of InstaForex
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Maxim Magdalinin
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