Technical Analysis: 4 Hour is Bearish 30 minutes is Bullish Sentiment Analysis AUD is Strong CAD is Neutral A medium risk sell has been authorised from 0.9745
Technical Analysis: 4 Hour is Bearish 30 minutes is Bullish Sentiment Analysis Australian Dollar is Strong Euro is Neutral A medium risk sell has been authorised from 1.44261
Technical Analysis: 4 Hour is Bullish 30 minutes is Bullish Sentiment Analysis Euro is Neutral USD is Weak A low risk buy has been authorised from 1.0530.
The GBP has lost value over previous couple of weeks due to confusion around article 50. All fundamental data shows the british economy is currently performing well so I expect to see this bounce back up above 1.3. Great chance to buy using a tight Stop Loss.
The dollar was overbought today and the pound oversold on the back of both dovish fed talk and netural to weak UK inflation. Now is a good time to buy the pound going into tomorrow's labour report. If you do enter the market, make sure you exit or at least minimise risk in the minutes running up to the labour report at 9.30am BST tomorrow (September 14th).
THe GBP lost value today and 1.337 is a chance to sell from a high price.
When US traders return tomorrow I anticipate them looking to sell the dollar. Euro has seem some strength today after a strong retail sales report so chance to go long at some Swing Low Support (SLoS)
When US traders return following labor day it is expected they will buy the weak USD on back of a poor labour report and buy the GBP which has seen some strength from good data throughout August and now continuing into September.
This pair has been overbought and the USD is expected to gain strength in the run up to Yellen speech at Jackson Hole on friday. Sell this straight away with a tight stop of 50 pips.
The EURUSD has climbed above the Swing High Resistance (SHRe) and can be safely sold with a 100 pip stop loss. I have entered at 1.12864. Tomorrow the Euro infaltion result may be strong in which case, ride it out as trade should really only be aborted if the Dollar unemployment claims and manufacturing index's disappoint (tomorrow afternoon).
Price reached resistance zone so opportunity to short.
Price struggling to break through 1.0975 and the strong Dollar gives reason to Short.
179.00 is a strong area of Support. The Pound has strength over the Yen so good opportunity to go long. Trade invalidated if an hour candlestick can close below 179.00
Price has hit strong support at zone 181.00. Chance to go Long.
Currently ranging in between 183.60 and 182.45. Looking to trade a breakout opportunity. Looking for a 1 hour candlestick close above or below the range.
Price is ranging inside a channel from 184.30 to 185.80. Price fell out of the channel earlier today on the back of poor manufacturing data from the UK but looks set to continue on the uptrend.
Hi - I am Gavin from Jeepson Trading, thank you for reviewing my idea please feel free to leave a comment. This is the 60 minute chart which is often only populated with Moving Averages. Please refer to the comment for a screenshot of the full analysis performed on Month and Day charts. The live chart is regularly updated and can be viewed here...
Hi - I am Gavin from Jeepson Trading, thank you for reviewing my idea please feel free to leave a comment. This is the 60 minute chart which is often only populated with Moving Averages. Please refer to the comment for a screenshot of the full analysis performed on Month and Day charts. The live chart is regularly updated and can be viewed here...