We are currently awaiting the signal to buy on AUDUSD - Set an order at 071616 . We are expecting a pullback into the area, this will create a double bottom, we will be aiming for TP2.
Wait for confirmation before buying into this trade.
We will be looking to take a Short Trade on the AUDCHF.
For this plan to work, we must see a pullback to 0.72294 , this is a previous resistance level and is just below the previous support level.
We will be looking to Take Profit at 0.71117
This isn't necessarily a trade idea, but more for curiosity.
Based on the 4-hour chart the upwards trend is still going strong, i am unable to see that the trend is going to reverse any time soon.
I have had a look at the fundamental news from last week. The US stock markets ended the week with declines. This provides us with further evidence that this pair...
We are looking to Short the USDCAD. We have seen this Pair pass the Pivot point at 1.3245.
This trade is almost already at TP1 so we will be looking to hold for TP2.
The trade has been confirmed by both Forecast City and Trading Central.
There is no expected News or Data coming out within the next 12 hours on either USD or CAD.
We will be looking to Sell USDJPY if the Pivot is hit. Once the trade hits the Pivot we will open the position and set the TP at the level specified.
There is no News or DATA expected out within the next 24 hours for either the USD or the JPY.
Multiple sources including Trading Central and YuriyBishko have confirmed this trade direction.
Following today's earlier trade on GBPNZD (Total win of 250 pips), There looks to be a further move up. See the chart for TP & SL positions.
Confirmation of this trade also comes from Trading Central and YuriyBishko charts.
The only planned News for the next 24 hours in the CAD, so there should be no horrible surprises on this trade.
Here we have a Signal from Trading Central. Due to the recent downtrend on the GBP (news based - BREXIT), It looks like there could be profit taking on the GBPNZD.
Enter the trade when you feel ready (current position 1.86940) The Take Profit 1 is currently set at 1.8847 which is a hefty distance, around 134 pips.
The Pivot is at 1.8633, I would recommend...
This Trade is based on both the Forecast City and Trading Central signals, they are advising on a USDCAD long position to 1.335
The General Trend is LONG, buy at 1.32650
See the chart for the TP & SL locations.
USD/JPY Intraday: further upside.
Our preference: long positions above 113.00 with targets at 113.60 & 113.75 in extension.
Alternative scenario: below 113.00 look for further downside with 112.85 & 112.55 as targets.
Comment: the RSI shows upside momentum.
Supports and resistances: