cheesybites1

cheesybites1 Updated 

With all the hoo-ha on the ongoing trade war, every currency has been inching higher against USD. In the coming days and weeks, USD weakness is to be expected and investors to look for safe haven currencies such as CHF and JPY. Have chosen to long GBP against USD as it has made the biggest move today. Long GBP/USD @ 1.3245

cheesybites1

Bears tried to push through last friday gains but was repelled by the strength of EUR. If this pair managed to close with no losses for the day, it is good for a long as shown in the chart. Will be looking to enter a long position. Be happy and keep trading :)

cheesybites1 Updated 

Expecting AUD strength across the board for the upcoming week. Pair closed with a long wick at the bottom of the candle last week. Risk reward ratio as shown on the chart. Trade will be considered invalid if price closes below 83.3

cheesybites1

Possible triple bottom as shown in the chart. Possible long entry if price bounces off the support and TP could be set around 0.751, approaching 0.76 Possible short entry if price breaks through the support and price could go all the way to 0.73 Good Luck Trading! FX:CADCHF

cheesybites1

round numbers psychology. Trade would be considered invalid if pair closes below 0.700 . Entry : 0.704 SL : 0.700 TP : 0.72 or any price abv 0.71

cheesybites1

AUDNZD failed to break higher closing with 2 pinbars in the last 2 candlesticks. Potential to go lower in the coming days with short term retracement. Entry : 1.065 SL : 1.075 TP : 1.055