Helloooooo traders....USDZAR showing signs of a drop coming most probably during NY session. Keep a lookout for a reaction at price 16.3000 for a fall. Risk small....happy trading.
Another pair im looking forward to...
Going to be an interesting one this week...
UC will be long till Jan. 1-4 lets see what pippage we can collect in the meantime. Let the pip collecting begin ladies and gents. Remember pippin aint eady but somebody gotta do it Happy Pippin
I expect to TP at 61% (1.0554. A retracement should test structure again and give up more long pips, break 78% to build up momentum to break support @1.0350. If price closes below 1.0350 then it is a SHort. Go for all three legs if you will. Happy pippin!
AUDGBP has found some support (demand) at the psychological level of 0.50000. It seems that the demand zone is in control, driving prices higher and invalidating previous resistance (supply). As prices fall back to intermediate demand zones, long trades can be initiated for intra-day traders while position traders may add to positions or adjust positions. AUDGBP...