looking to fade post RBA spike ( if seen )...
AU CPI nagative, Covid outbreak, simply cant see case for hawks ...
Sell rallies towards 66,20/30
Target ( based on equal move ) 63,50/40
yesterday evening news hit the market:
UK press reports the UK is close to abandoning a post-Brexit trade deal with EU
and thats one of the helping hand for sellers...
Selling between 135,80/136,40
Stop above 136,50
1. Intraday 134,30/20
Good Luck !
I do belive that current pullback will be same in size as what we have seen last week, so it could bring Us down towards 1,5450/40 and that is going to be my entry zone...
( Eur is struggilng at the NY open mostly because of uncertenity related to EU summit and EU rescue Fund
Stop under 1,5420
bulls are "cleaning" stops ahead of ECB tomorrow or is it something more ?
If its stop hunt only we should see now creation of upper shadow.
... and if thats the case I will go with shorts
Stop above 1,1490
First Target 1,1380/40
Second Target: 1,1220/1180
Looks like intraday triple top confirmation with move back below 1,2590.
Im looking to sell rallies ( or retest if you wish ) towards 1,2600/20...
first target: 1,2515/00
second target 1,2440/20
we have a possibility to see higher levels again but this time Im not going to buy the current dip. What I would like to see is move back above 0,9010/15 and then pullback to 0,9000/8980 and thats going to be my entry.
stop under 0,8960
Three targets: 0,91, 0,9165 i 0,9300/50
Check out this trading signal sent by our AI, closed in Profit.
Action Price: 79.248
Direction: Long (Buy)
Take Profit: 79.4683
Entry: 2020-07-03 08:55:02
Exit: 2020-07-06 01:01:36
Time zone: UTC-0
Our AI sends ready-to-trade signals with Symbol, Direction (Long or Short), Position Size, Take Profit, and Stop loss. You just need to copy and paste...
our last EURGBP long call was nice and we are looking to buy that pair again ... on dip.
Looks like we are going to have strong weekly / daily close above 0,90.
Looking to buy pullback as early as Monday :
Buy within the zone 0,9020/00
Stop below 0,8970
First Target: 0,9150
here is a video where I take you through all of my open positions on forex, you can check the logic behind entry, development of the trade and some results.
Let me know what do you trade today and what do you expect in following days. :-)
Powell did not want to weaken USD during FOMC ( or maybe he was trying but market did something different :) ) but SNB knows how to weaken CHF ( very often its short lived LOL ) and we do have SNB rate decision upcoming Thursday
From weekly/daily chart perspective looks like buyers are around 0,93 and 0,92, so Im going to use the full zone ( if seen )
I have just entered this position on USDCAD . I was watching the market for few days and I was looking for a short opportunity.
As you can see from the chart, the price reacted on Fibonacci retracement, we can see a false breakout to the upside and a volatile movement to the downside after that. This confirms the short for me. Also on daily chart...
with the break of 1,2640 to the downside looks like pound may get back to the reality
If the megaphone formation on the chart is correct, we may see retest of the mid line before move lower...
selling rallies towards 1,2660/80,
stop above 1,2715
first target around 1,25