We are eyeing the region of 1.2975 were there are several struggles between buyers and sellers. We hope to see 1.2975 support broken and then enter for sell. Target 30-40pips. Good luck trading
The way it stands right now we believe that the Market is willing to go short due to several factors in favor of the dollar. So we decide to go short below 1.08024 targeting 30-40pips. good luck trading.
Aussie 3-yr yield hits a 7-session low as at Thursday last week, AU-US spreads widen and Iron-ore drops, copper losing some of its gains. We expect to see more drops in the next two days ahead. So we decide to go short below 0.7395 with targets of 30-40pips. Good luck trading
Buyers has been dominating USDCHF for the past 6days now. And with the strong response by sellers on monday, we are hoping for an hourly break below 0.92990 to place a sell. Good Luck Trading.
USDCAD has reached a promising resistance point after buyers rally round to take the pair up. We remain long looking for a break above 1.26543. Good luck trading.
From the level of 1.68693-1.68807 we see some form of struggles between buyers and sellers with a good breakout favoring the sellers. Also, the NZD has been weak for the past three days and with the hawkish stance of the FED still in play for a while we choose to remain short at 1.68693. Target 30-40pips. Good luck trading.
From the level of 1.25582-1.25600 we still see some form of struggles between buyers and sellers with two previous daily candle strength between both parties. The trend still looks favorable to the bears as it stands since the bulls couldn't do much on Friday. For this reason we look for an hourly break below 1.25582 to enter for sell. So we choose to remain...
From the level of 1.08924-1.09048 we see some form of struggles between buyers and sellers with the strength of the sellers becoming weaker by the day. Also the French election is likely to favor the current president and with the less dovish stance of the ECB, we choose to remain long if there is an hourly break above 1.08924. Target 30-60pips. Good luck trading.
From the level of 1.25582-1.25600 we see some form of struggles between buyers and sellers with a good breakout favoring the buyers. Also the economic calendar for today does not seem to favor the Canadian dollar. So we choose to remain long. Target 30-40pips. Good luck trading.
