Looking for a counter trend short term trade, strategy is to short around 1.4182, whilst the stop at 1.4219, targeting 1.4093
GBPCHF have been in a strong trend, but momentum indicators are suggesting scope for a pullback to come in now. So i am preferring shorts around 1.3539, with stop above 1.3557, looking for target 1.3466 for now.
Cable price action is stalling within the multi-days bearish channel, momentum indicators are suggesting scope for downside. So i am looking to short it on a short lived bounce for upcoming support. Strategy: Short around 1.3961-1.3995, for a target to 1.3789, stop above 1.4066
I am looking to get long USDJPY at market for a target to 107.16 & 107.82, stop below 106.16
EURUSD price action is still within the bullish channel, short term momentum indicators are suggesting further upside so i am looking to buy on a pullback for a target to 1.2381, stop below 1.2259
EURUSD finally tested the monthly downtrend line and almost reached 38.2% fib retracement area. Current price action is stalling near the previous support zone. Higher timeframes are indicating a potential reversal is likely to be playing soon. So for now I prefer to remain standaside until the picture gets clear for building short positions.
Looking to short cable here to trade the undergoing divergence, at 1.3550 with stop around 1.3615, target 1.3421
Buy around 112.93-113.16 for a target to 114.22, stop below 112.45
Buy on dips around 1.7738-72 for a target to 1.7981, stop below 1.7589
We are already short at 1.9679 for medium term idea, but i would suggest to add into this idea at 1.9498 for a target to 1.9233 with stop at 1.9577.
GBPNZD price action contained within a multi-days bullish channel with new tops and lows, However the trend is strong but medium term momentum is slowing which is indicating a pullback. I am looking to short this market around 1.9675 area with a wider stop at 1.9855, expecting for a target around 1.9259 area.
Buy at 1.2690 with stop below 1.2655, target around 1.2753
Buy around 0.8917-22 for a target to 0.9005, stop below 0.8891
Short around 112.60-12 for a target to 110.17, stop above 113.41
EURUSD price action just broke the multi-days bearish channel, however the trend still remains very strong, Buy around 1.1757-84 for a target to 1.2033, stop below 1.1707
Short around 78.12-77.90 for a target to 77.15, stop at 78.47
Long around 1.2707-20 for a target to 1.2790 & 1.2819, stop below 1.2660