Marco_Lourens

Marco_Lourens

Looking too potentially short the DE30EUR 12135.0, given a bearish signal remains as in previous day. A potential take profit level is present at 11770.0 and 11440.00

Marco_Lourens

Looking too potentially short the USD/JPY above 108.00, based off technicals on the 6h chart and an indication of a bearish signal. The 107.00 represents a good take profit target and should allow for a favourable risk:reward relationship. The 1.700 level served as previous resistance.

Marco_Lourens

Looking too potentially short the USD/ZAR at the 14,98 / 15.07 level, given the resistance zone holds and there is a bearish entry signal on the 6h chart. Potential take profit levels are 14,76050; 14,64230 and 14,61000. A well placed stop-loss level should provide a risk:reward ratio of above 1:2. The trade also offers a positive carry benefit.