Hey tradomaniacs,
GBP/USD has just re-tested a key-resistance-zone after the recent strong momentum to the downside.
Overall choppy price-action currently due to upcoming news, but we can expect meeting-minutes to be very hawkish and so a strong US-Dollar.
Don`t hold too long as CPi-Data tomorrow can change everything.
For me only a daytrade-opportunity...
Hey tradomaniacs,
riskoff as expected continues and we should see more of a falling AUD/USD today.
As we are about to get a nice pullback after a stop-hunt (fakeout above the previous breakoutzone) we are getting a great opportunity to catch the next momentum to the downside.
What do you think?
Hey tradomaniacs,
previous breakout-zone got re-tested and market-depth is showing baosrption in form of iceberg-orders. Very strong aggressive buyers are getting absorbed by sell-limit-orders which are getting reloaded over and over again.
So far a good sign for a continuation to the downside as big players seem to distribute volume.
Also technically a...
Hey tradomaniacs,
looks like USD/CHF is about to move up after the recent volatile spike to the downside which is a stop-loss-fishing move.
Technically we see a correction and finally a breakout above the trendline, while the horizontal support was holding and indicates accumulation.
However, last spike down plus the recent breakout are a great indication...
