- Overall trend is bullish - Break of Structure @ 0.99903 - S/L below B.O.S - T/P @ previous highs Entry @ 0.99952 S/L @ 0.99886 (6 pips) T/P @ 1.00218 (26 pips) RRR = 1:4
Trade ideas for the day based on the news and charts at the European open .
In this video update, we take a look at the Swiss Franc and the potential for this currency to continue to weaken. The commitment of trader reports highlighted a significant increase to short contracts on the swiss franc adding weight to the current sell-off we are seeing. We will look to sell the weaker currency against stronger counterparts such as the USD.
European opening call Trade ideas for the day and week
Hello Traders, One more video now with USDCHF. Hope you like it. Thanks, Vítor.
In today's #marketinsights video recording I analyse #USDCAD and #USDCHF #CAD Supported by: - By Drone Attack and #WTI surge - Weaker Dollar #CHF Supported by: - Weaker Dollar - Safe-haven flows on tradewar headlines *Should be weaker following #SNB's downward inflation outlook revision Stavros Tousios Head of Investment Research Orbex This analysis is...
In this video I explain the reason behind my USDCHF short and why I took it, currently running in +80 pips profit from our entry on Wednesday. Trading does not have to be complicated in fact it can be so simple and hopefully this video explains how to trade to a beginner.
Our morning call at European open in FX, Fixed Income, and Equities
In this video update, we take a look at our open USD trades and what is happening on the USD Index as the value of the USD moves lower. Seasonally the USD is short through this period and looks likely to continue through until october as the Fed is weighing up a rate cut.
USDCHF formed a bearish engulfing candle on Friday as President Trump tweeted about imposing further tariffs on China. The risk-off sentiment looks likely to continue this week with USDCHF gapping slightly on the open. We are looking to sell this pair in line with current market sentiment.
AUDCHF IS CURRENTLY RE-TESTING THE 2015 LOWS WHERE WE COULD SEE A REVERSAL IN THE CURRENT TREND. THE AUSTRALIAN DOLLAR IS CONTINUING TO FALL DUE TO THE CHINA TRADE WAR WITH THE US HOWEVER ANY RISK ON SENTIMENT HAS BOOSTED THE CURRENCY SIGNIFICANTLY. IF WE DO SEE THIS AGAIN OUR 1ST TARGETS WILL BE HIT.
In this weeks market outlook, we outlined the potential risk-off sentiment to continue. This means we are likely to see stocks fall and safe havens gain in strength. We will be looking to buy the JPY in particular. The USD Index failed to close above the yearly highs suggesting we could see further downside pressure.