FxOrtrader trading journal FXGlory

President Donald Trump wants a cheaper dollar, saying earlier this month the United States must match what he said was an attempt by other countries to weaken their own currencies.

The comments have fueled speculation the president can sell the greenback, which is close to multi-decade highs according to the International Monetary Fund on Wednesday, at least 6% stronger than guaranteed by economic fundamentals.

"Conditions seem increasingly favorable for the US government to intervene in the perception of overvaluation (dollars)," the Citi economist said in a note Wednesday.

Trump has repeatedly opposed the Federal Reserve to raise interest rates, complaining that higher interest rates hold back U.S. economic growth. while signs increasingly show Fed rate cuts when meeting at the end of this month, lower interest rates are unlikely to weaken the dollar to Trump's desired level.

Weaker dollars can help U.S. business. compete globally by making exports cheaper, increasing the economy and potentially helping Trump's bid to be re-elected in 2020

good night forex.zone traders, sorry for a long time not updating my daily trading developments, there is still a lot of activity, well today I will be back for the FXGlory journal trading update

ready sir, I will always stop by your journal, on this Thursday how do you analyze the EURUSD pair, it looks at the daily EURUSD will plunge again.

Yes ,sir your righ 
To pair GBPUSD understanding is likely to be limited given that the US dollar is in a downward trend in the outlook for a reduction in US interest rates in September and the US-China trade war.

To the downside, the closest support level is seen at 1.2140, breaking down from that level is likely to trigger a continued decline towards 1.2090 before eyeing strong support at 1.2030.
Meanwhile, if it moves up, the closest resistance level is seen at 1.2200, breaking above the level is likely to trigger a further advance towards 1.2250 before targeting a strong resistance at 1.2310.

Support levels: 1.2140 - 1.2090 - 1.2030
Resistance levels: 1.2200 - 1.2250 - 1.2310

EURUSD has the opportunity to move down in the short term amid market concerns about the latest political developments in Italy where there is friction in the coalition government after party officials Lega Nords stressed that the only alternative to the current administration's problem is a new election, amid ongoing reform issues. cabinet and / or technical government.

Other catalysts for EURUSD movement today potentially come from German trade balance data at 13:00 WIB, industrial production and French labor data at 13:45 WIB and Italian trade balance at 15:00 WIB.

To the downside, the closest support level is seen at 1.1160, breaking down from that level is likely to trigger a continued decline towards 1.1120 before targeting the key support area at 1.1070. Conversely, if it moves up, the closest resistance level is seen at 1.1230, breaking up from that level potentially will trigger a further rise towards 1.1270 before aiming strong resistance at 1.1320.

Gbp Usd The short term target is quickly met, with a strong bullish trend I think GbpUsd will rise again. 
Can you provide a long-term analysis.?