Up trend is still intact since last week. Intraday trade posted in post. Now waiting for price to go further up
upward bias for the day Strategy M15 T&RT: Level 0.7620 Targets: 0.7635 0.7650 0.7665
It looks like there might be a chance this down trend channel would no longer hold. Bias is to go long
Between 1.2900 and 1.2950, is the current support level. Unless it fails, would be looking for long opportunities. Strategy: T&RT Level 1.2950 Targets: 1.3100 1.3180 1.3250
If this is a retracement, then I would expect there is a opportunity to go long
Aussie is going to climb higher. Missed the chance to long. Let's see how it goes
No rate hike. So, let's continue the ranging. Potential target around 1.3200
Over the next couple of hours, if price were to close well below 0.7575, high chance the down flow would happen. Good region to find a short would be between 0.7545 and 0.7575
From the charts, my biases would be on the Sell side. However, the price might spike up high before coming down. I am a day trader, I have less flexibility on large swings within the minutes. My target remains unchanged if there is an opportunity to sell
Look for setup in LTF to sell Same 2 levels to target: 0.7400 0.7330
Really hope that this would break high
Sell, Sell, Sell 0.7400 within line of sight 0.7330 next target
Point B, probably around 1.1000. 1.1120 is key support zone, if it fails to support then 1.1000 would be in matter of a day or two
It's about 3 months plus to the end of the year. Would we see 1.0500 for FX:EURUSD soon? We are about 700pips off from this low. 1.1100 is now the key support. If broken, we are looking at point B which is around 1.1000. Then we shall see how the market consolidates to form point C and eventually a big break to go all the way to point D.
Let's see if it is resisted and comes down.
day trade position, open long 0.7461, target around 0.7540 which is around week open or mid of channel
Might be a good day to long USDJPY. It has been more than 5 days of consolidation, enough to build up the upward momentum.
Last attempt to go long did not work out as price is still stuck in range. Be patience and wait for more information.