Good buying opportunity for EURUSD at 1.1780 as potential risk/ reward trade. However a real confirmation on uptrend will resume when the pair crosses 1.1895. Right now buying on dips at these levels. Target 1.2000.
After observing last 1 month's chart reading on this pair, it is more beneficial to enter long trades in EURAUD on dips. The bulls have drawn the line at 1.5670 and as long as price is above 1.5670, a buy trade should be executed. Buy entries should start from 1.5755 depending on the risk appetite of the investor. Target potential - 1.5855 to 1.5875.
Take profit 0.7650, nice upward momentum building in AUDUSD.
Lot of resistance around 0.9190 area near psychological 0.9200.
Short Term trend line broken Target 50 to 75 pips on entry.
Lots of troubles coming out of Eurozone banking which will weaken the EURUSD over a period of time. Stay short long term.
AUDCHF buy trade idea around 0.6915 should give in good profits as its a good Risk to Reward ratio.
Consistent resistance at familiar prices.
The GBPAUD has lost a lot of value on the weekend close and now it is trying to recoup the losses. A buy entry near 1.8250 should give a gain of 50 pips from entry.
Sell GBPJPY near the 155 handle levels as this zone is the boiling point for the pair and there is a lot of activity between bulls and bears in this area.
Rectangle formation within a range showing no real steam on the upside. Bias towards sell trade. Sell below 1.4200 levels
The levels around $1900 is very conjusted and a short position here is more rewarding than a long position.
The uptrend of CADJPY is seeing some cracks and on a purely risk reward basis we should short the pair near 90.00 levels for a 100 pips TP gain.
USDCAD buying opportunity sooner or later with 1.20 psychological level well protected. Currently trading at a reversal point between 1.2025 - 1.2050. Its a good risk to reward ratio trade entering here.
Strong flag formation on hourly timeframe breaking the resistances on the way up. EURGBP should be bought on dips above 0.9120 keeping 50 to 75 pips as tp and terminating the BUY trades near 0.9230.
Strong flag formation on hourly timeframe breaking the resistances on the way up. EURGBP should be bought on dips above 0.9120 keeping 50 to 75 pips as tp and terminating the BUY trades near 0.9230.
As long as the price is below $1775-1780, keep a short position on Gold. Target potential $1730 and below
As long as the price is below $1775-1780, keep a short position on Gold. Target potential $1730 and below.