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FXtradingcz
Sep 21, 2020 9:20 AM

Weekend FX analyse 

U.S. Dollar/Swiss FrancFXCM

Description

Every weekend I perform a careful analysis of the FX market and basic commodities . I analyze the FX market not by FX pairs but by individual currencies.

I examine each currency from different perspectives, different methods (TA, FA, OI, distance from F.V., etc ...). The result of the semi-automatic analysis is the determination of strong and weak currencies for the next week to 14 days.

Potentional STRONG currencies for next week: USD, JPY, CAD
Potentional WEAK currencies: CHF, NZD, EUR

Subsequently, I analyze the pairs composed of the above currencies whether it appears technically a possible trade and in which area ( USDCHF Long, EURJPY short, etc ...)

On Monday, I am waiting for the end of the first hour of the London trading session and I will enter or prepare an order's limit on the best selected FX pairs.

EURGP I will trade short, preferably in the range 0.8930-0.8950 (he got on the H4 or H1 chart). The goal is 0.8870, stoploss 0.8990

From commodities I will trade Copper on the SHORT side


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