This pair was slightly choppy last week, long term I can see the potential strength in this pair as there have been a couple bullish tail bars that have formed on the daily time frame. As an intraday trader i have seen a few attempts made to break through the bottom around the 1.1700 area, this pair has been met with many buyers that are placed around the price of...
Gbp/Usd pulled back slightly to support and consolidated there last week for a couple days, during this time the selling pressure had paused. Today we can see that price has moved lower to our trend line we can look for buying opportunities around 1.275 we may soon see price reverse and try to challenge previous highs. If price does break short we can look to...
Eur/Usd moved slightly higher last week following a small pullback, the next key resistance is around the 1.1900 area, there is room for this pair to move higher. Today I took an intraday move shorting this pair at 1.1800 with a target of 1.1725 whilst keeping in mind that 1.1625 could act as potential support and the primary buy-zone this week.