TradeTheStructure

TradeTheStructure

The GBPUSD has cleared out the 1.2335 zone and is now retesting the zone and primed for continuation higher. With US payrolls out tonight the action could heat up.

TradeTheStructure

Gold is holding up and building for another push higher. Watch for a shoulder buy entry and push higher as recent sellers get squeezed out of the action.

03:18

TradeTheStructure

We take a look at the AUDUSD, EURUSD, GBPUSD and USDJPY for trading opportunities after the USD comes under pressure from weaker than expected manufacturing data

01:12

TradeTheStructure

The AUDJPY is in a prime position to hold a higher low and push up to start the squeeze on recent sellers

00:33

TradeTheStructure

Bitcoin is heading south and extending the move lower down to support where we will be watching for a reaction back up and a squeeze of sellers

TradeTheStructure

The EURUSD made the move as expected down to the BidZone and put the squeeze on the buyers to pressure them out. Watching now how things play out.

TradeTheStructure Updated 

EURUSD short trade to keep the pressure on the buyers and squeeze price down to the BidZone. Trade alert down through 1.0980 which offers a high return profile versus the risk.

TradeTheStructure

Cryptocurrencies took a beating overnight with the selloff attributed to a break of 9000 and the launch of the Bakkt Platform (offering physically settled Bitcoin futures unlike CME which settle to cash). The 9000 support zone break had a lot to do with the spike lower as buyers stop levels were targeted. Watch now for either bulls to come under further pressure...