SBTrading13

SBTrading13

Slow day trading today due to a couple bank holidays and this has been shown in the gbpusd pair with very small movement over the day. Im still expecting the pair to short this week with possible support at the 1.208 failing to find support at this area we could see a very bearish market heading lower to the 1.190 price. Previous Analysis: Possibly change...

SBTrading13

Possibly change over from support to resistance around the 1.225 around could see it head to the 1.186 area towards next week. We can see a rejection of price from the bearish wixs around the 1.223 @14:00 on the 21st and the 20 EMA indicator looks to be confirming a down trend.

SBTrading13

Currently in a short position in the EURJPY looking to close at support around the 116.700 and then see if it continues to the 115.300 support or find support and heads back up to 118.500 for a retest

SBTrading13

Had a quick look at the EUR/USD set up it hit a previous restive area which could indicate a possible short position for the new couple of days possibly into early next week

SBTrading13

As anticipated Long on the chart due to hitting major support for over a month