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Dec 22, 2017 8:28 AM

EURUSD Short

Euro Fx/U.S. DollarFXCM

Description

Here are just some thoughts about EURUSD and GBPUSD. I have closed all my positions before Christmas, but I would like to share some longer term Ideas. EURUSD is inside large consolidation and next move I expect down to 1.1420, unless market will go above 1.1900. In such case there can be very good opportunities to go long. At the moment I prefer longs on GBPUSD, especially GBPJPY and short on EURGBP. From the other side I still waiting for the pull back on GBPNZD to 1.9400 level where I would like to short this pair. Charts are below:


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