According to technical and fundamental analysis, EU is bearish and there is a 90% Probability of move downward.
According to my opinion this take profit will trigger after Fomc Minutes. Eurusd already broke the support level of 1.1700 so it confirmed sell signal this pair will touch the 1.14 area with in few hours then trader will look for buy setups. Sell at 1.1720 with stop loss at 1.1766 with take profit 1st 1.15000 then 2nd 1.1460.
Aud-usd is bullish and i am expecting upward movement due to RBA Meeting Minutes....
Entry: Today only: dollar is seen as a buy at market (112.85). usdjpy is bullish and we will see more upward movement..
Usd dollar is again strong due to yellen speech so i am looking to sell gbp-usd around 1.34 area with stop loss at 1.3455 with 1st take profit at 1.3376 then 1.3260.
According to fundamental and technical analysis usd-cad is providing great selling opportunity. As we know Canada recently increased interest rate and US dollar is facing many problems like hurricane (Climate change) and investors are not interested in buying US dollar. US dollar outlook is bearish and there is no chance of increasing interest rate on December by...
Today Trader should be careful at the time of FED chair yellen and Ecb president Mario Draghi speech. There may be a chance of big bullish or bearish waves in forex market let me discuss about Eur-usd which is long term bullish but yellen words may change its direction. There is a good opportunity to buy Eur-usd around 1.1750 area with stop loss at 1.1650 and take...
trade will open at 1.5840 stop loss 1.5440 take profile: 1.6100 setup for wednesday nzd interest rate decision. #eurnzd #bullish
A close above channel resistance will expose 1.5840 with a break above that targeting the measured objective near 1.6140. on wednesday it is expected that nzd will decrease their interest rate so that will provide us a opportunity to buy this pair at 1.5860 with stop loss 1.5430 and take profit 1.6130.
The SEK has weakened sharply on Brexit and housing market concerns. However, valuations and growth are supportive for the SEK medium term.Positioning and technicals suggest this is a good time to buy SEK. Entry level: 9.5960 Target: 9.3000 Stop-loss: 9.7600
This is negative, dips may still attract buyers above the 99.00-100.00 area, so we would look to use this to set shorts, as signals continue to point to selling into any strength i am hoping for bounce over next 2 or 3 days . Entry: sell at 103.99, Tuesday's low Stop: 105.80, Friday's high Target: 102.12, just above Friday's low and 100.48, the 3 week...
it is good to sell usd-jpy because big new BoJ Monetary Policy Statement will come from japan on thrusday and friday BoJ Outlook Report (YoY) then finally BoJ Press Conference. yen is expected to become more strong. yes it may be risky trade so you should add stop loss at 107.10 don't sell if 107.10 resistance level break there is a short opportunity but be...
it is good to sell cad-jpy because big new BoJ Monetary Policy Statement will come from japan on thrusday and friday BoJ Outlook Report (YoY) then finally BoJ Press Conference. yen is expected to become more strong. yes it may be risky trade so you should add stop loss at 81.00
I sold eurusd its a great opportunity.
EURUSD has consolidated from recent lows, but the rally has lacked much bite, as the background developments continue to point south for the pair, driven mostly by the Fed’s renewed hawkish guidance in recent weeks, but also supported by a a comeback in risk appetite, which keeps carry differentials at the top of the agenda. With Europe’s negative rates and a...
i am looking for buy the usd-cad above the support line if it break the support line so there will be a chance for sell the pair other wise there is a great opportunity for buyers.
Because ecp took no action and eur-usd did a big move down so there is a huge amount of sellers but be careful if price reach 1.1000 stop seeling.