Hey, As you guys can see, there is one more resistance and after that, there would be a big short trend coming ! if it breaks our target which is the next resistance point, then I think AUD gonna go down so much ! Please keep this in mind that this is a very risky place for AUD/NZD to be, so put your SL, maximum at 1.04790 which would not expose you to a lot...
AudJpy In Range Sell on the top side of the range after bearish Candle Stick Formation
NZDUSD in 200+ pips range, so it's simple to buy with small stop loss at the button of the range, target to the top of the range
Middle term resistance at 0.7600 and Middle term support at 0.7388 so the price should play in this range next few days
With the Long-term trend being down and the break of a Short-term up-trendline, I see a Short opportunity together with Price Action Bars, ofcourse. Although We can see that Price currently is in an Range structure and we have to be Cautious for the Tests of Support and Resistance. Further we see previous Divergence of the RSI with the Dominant trend and RSI at...
EURGBP Range trade, short entry. Only problem is it's Friday and this trade will take too long to develop. I don't like to hold positions over the weekend. I'll reevaluate Monday. There is a high probability that it will retest the resistance before retracing.
Stop loss below the support. Considering the SNB is easing and the GBP is tightening, plus a positive overnight swap offers an attractive buy proposition. Possibly better value than the USDCHF
On the lesser time frame charts it seems that most of the hourly pull back has already happened . I see this as being a good opportunity to get short to collect at least 20 pips (shooting low) I'm just trying to hit a single or double here not the best opportunity for the upcoming week... but none the less a pretty safe trade to start your week off with.