Hello my friends, me again, today we’ll once again be looking at trading ideas for the next session.
EURUSD – I expect a bearish move – a pullback to 1.1220, and then a fall to 1.1150-60.
GBPUSD – I’m also pretty bearish, and I expect one of two scenarios, if there’s an impulsive breakout of the support at 1.25, with a pullback, go for a short, first target at 1.2420. The second is a pullback to 1.2550, followed by a reversal model, and you can also short with the first target around 1.25, and the second at 1.2420.
USDCAD – same as yesterday, really – I expect an impulse out of the range, followed by a reversal model with a goal at 1.3660, that being the first idea. The second is a false breakout at the bottom, then a pullback and movement up, with the first target being the same.
AUDUSD – same idea again, a fall down, but it’ll be better if you wait for the price to hold below 0.6890, and then short, if you didn’t enter yesterday, with targets at 0.68 and 0.6720
Gold – I expect a pullback to 1700, and I feel bullish here, enter if you want but better if you wait for a reversal model. Target at 1715. There was a false breakout yesterday, which is a bullish signal.
Oil – in a consolidation right now, above an important resistance at 36/dpc. it can go either way – if it impulses either way and pulls back, enter that way.
S&P 500, same idea, pullback coming soon, wait for the price to hold below 3100, and your target will be 3060.
That’s it for this trading session. I really hope you have a good profit today, and I wish you the best of luck.
Have a good day.
EURUSD – I expect a bearish move – a pullback to 1.1220, and then a fall to 1.1150-60.
GBPUSD – I’m also pretty bearish, and I expect one of two scenarios, if there’s an impulsive breakout of the support at 1.25, with a pullback, go for a short, first target at 1.2420. The second is a pullback to 1.2550, followed by a reversal model, and you can also short with the first target around 1.25, and the second at 1.2420.
USDCAD – same as yesterday, really – I expect an impulse out of the range, followed by a reversal model with a goal at 1.3660, that being the first idea. The second is a false breakout at the bottom, then a pullback and movement up, with the first target being the same.
AUDUSD – same idea again, a fall down, but it’ll be better if you wait for the price to hold below 0.6890, and then short, if you didn’t enter yesterday, with targets at 0.68 and 0.6720
Gold – I expect a pullback to 1700, and I feel bullish here, enter if you want but better if you wait for a reversal model. Target at 1715. There was a false breakout yesterday, which is a bullish signal.
Oil – in a consolidation right now, above an important resistance at 36/dpc. it can go either way – if it impulses either way and pulls back, enter that way.
S&P 500, same idea, pullback coming soon, wait for the price to hold below 3100, and your target will be 3060.
That’s it for this trading session. I really hope you have a good profit today, and I wish you the best of luck.
Have a good day.