ex009_Trading

ex009_Trading

During the second half of Wednesday, GBP/USD remained in a range around 1.2450. While upbeat durable goods orders data helped the greenback hold its ground, improved risk sentiment allowed the pair to limit losses.

ex009_Trading

EURUSD, after an aggressive bullish move on yesterday's news, we reached the previous day's highs during the Asian session, followed by a reaction.

ex009_Trading

After we saw a pause in the Pound following the release of weak CPI data from the UK last week, another bearish wave began on Friday for GBPUSD. However, this new wave is linked to the Israeli attack on Iran. As long as there is uncertainty in the Middle East, we could see a shift in liquidity between safe-haven currencies.

ex009_Trading

The sharp gains continued on the last trading day of the week, rising nearly $35 to a high of $2,418 before stabilizing near $2,410 at the time of writing. Technical factors continue to support gold prices. Many believe that gold is strongly supported by safe-haven demand as tensions escalate in the Middle East. If the conflict continues to intensify, prices...

ex009_Trading

The Euro/Dollar (EUR/USD) pair is currently at the level of 1.0600, having recovered from the start of its decline. Spurred by news reports about the escalating conflict in the Middle East, which boosted the value of the US Dollar (USD), which led to the decline in EUR/USD.

ex009_Trading

Overall, the EURUSD is still trading lower, but the previous slump has leveled off (as I predicted earlier) after the previous sharp decline. It is currently trading at 1.0676, having previously touched 1.062, up 0.18% on the day. As markets weigh the escalation of the situation in the Middle East over the weekend, the overall decline in the US dollar and...

ex009_Trading

The 1.070 support level has been breached and no longer supports the pair. The downtrend appears to be favorable as price continues to fluctuate within the bearish channel, but there are no signs of threatening this trend yet. After a brief correction, EURUSD is expected to retest in line with the current trend, with still plenty of room to fall.

ex009_Trading Updated 

A modest recovery in the US dollar weighed on the major currency pairs as speculation of a September rate cut by the Federal Reserve mounted. Relatively weak economic fundamentals in the euro area, coupled with the resilience of the US economy, reinforced forecasts of dollar strength in the medium term, especially given the likelihood of a stronger dollar. The...

ex009_Trading

gbpusd may move up to the resistance zone which is formed based on the Fibonacci levels, we are looking for an opportunity to go short here and wait for the rally to continue shorting.

ex009_Trading

USDCHF is in, an uptrend as the pair broke through. new support levels and has rallied again. Therefore we have a bullish bias.

ex009_Trading

Long at current price Long at current price Long at current price

ex009_Trading

Shorting at current price.. Shorting at current price.. Shorting at current price..

ex009_Trading

LONG

ex009_Trading

short

ex009_Trading

short

ex009_Trading

SHORT

ex009_Trading

LOng

ex009_Trading

Long