FxLabsPlus

FxLabsPlus

This trade has a very high probability to rake in some profits and stay on the right side of the markets.Buy USDCHF.

FxLabsPlus

We got the first time right by shorting NAS100 between 9900 and 10100 levels. Now again there is another opportunity to short and make some profits in NAS100 between 9900 and 10000 with target at 9500.

FxLabsPlus

We like the idea of buying USDCHF from 0.9440 until 0.9220 for long target of 200+ pips which is 0.9600. This trade needs to be treated a mini investment scheme where our goal is to average out the price of USDCHF at the lower levels for ultimate target of 0.9600.

FxLabsPlus

Selling bias on Gold below 1725. The price fits nicely on fibo retracement at 1719. That should be the line on the sand for the bulls, not much upside left in this trade.

FxLabsPlus

EURUSD has the potential to make meaningful profits for the bears provided the bears get a good entry between 1.1300 and 1.1400 levels. The chart shows the relevance of the range between 1.1200 and 1.1400.

FxLabsPlus

The 0.7000 handle has historically generated a lot of interest among both and Bulls and Bears of this Currency pair. This hot price cannot be ignored and can quickly become a scalpers paradise with lot of sharp movements around the 0.7000 area. Our view is that a sharp pull-back is expected below 0.7020 for a 50-75 pips.

FxLabsPlus

NAS100 is a volatile index with fluid movements giving a lot of opportunities for the intra-day traders. Combining Moving averages with price action and historical pattern, there a high probability that the traders should be going short on this index. The overheating of bullish momentum and global economic nervousness should see this index trading below 9500...