Going short on USDCHF. View the chart above for details on entry, stop and targets. Trade setup based on 1:2 risk to reward ratio.
If Gbp/Usd breaks and closes past 1.3204, price should resume testing the resistance at 1.3266 and then continue higher from there on. Currently it seems we have a flag formation but we don't have a breakout confirmation yet.
Going Long on the EurUsd. View the chart for details regarding the entry, stop and targets. The trade is based on a 1:2 risk to reward ratio.
There might be some potential in further shorting on EurAud. From a correlation standpoint. I don't prefer this type of setup but still it does qualify as a valid trade setup none the less. For details such as entry, stop, targets view the chart.
Looking for shorts on EURUSD in the coming week. Risk to reward: 1:2
NZD looks to be gearing up for some more bullish action against Greenback. I think we have a decent trade setup here. Entry: 0.5950 Targets: 0.6034 & 0.6118 Stops @ 0.5866 Risk to reward is 1:2, this trade setup has a lot of potential considering the last weeks NFP data came out pretty weak from a fundamental stand point and I believe If the price holds up...
Looking to go long on XauUsd around $2442.00. Stops Under $2370.00 Targets: $2514.00 & $2584.00 Gold looks poised for further gains so its seems quite probable the next swing up is going to be coming sooner if the setup continues to retain its validity. Price closing under $2370 invalidates the trade setup.
Shorting Xau on 2396. Targets @ 2370 & 2344 Stop @ 2424
Euro looks set to reach new highs against the yen. Looking to stay long on this one for as the pair eyes 163.20, 164.8 ahead of NFP and other events. Eventually could make its way up to the 166.70 region if bulls keep bringin the steam.
Looking to go short on cmp 1.2867 Targets: 1.2822 & 1.2775 Stops: 1.2918
Entry: 1.3028 Stop @ 1.2964 Targets @ 1.3090 (1:1 RR) & 1.3156 (1:2 RR)
OANDA:XAUUSD looking to continue higher , Look for an H4 close above $2440.00 for a confirmation Look for targets around $2458 & $2488. Stop under 2410
Looking for potential shorts on EurJpy if price closes below 161.15 Has potential for 1:2 Risk to reward.
Wait for price to close above 184 or 183.90 for confirmation to go long. Look for targets like 1. Target 1 => 186.56 2. Target 2 => 188.12 3. Target 3 => 190.14
Looking for long positions on GBPBZD. The pair has a strong bullish trend. So it will likely break higher soon. Stops under: 2.01473 Targets: 2.0205 & 2.0245
The pair has a head and shoulders formation with price confirming the breakout of the neckline and previous structure support on min15 has turned into a resistance thus we will be looking for shorts around 147.45 to 147.49. Stops above: 147.74 Targets at 147.30 & 147.08
We have a head and shoulders formation with a broken neckline as well as MACD divergence on GBPNZD. The pair could head lower for a retracement. A move down to 1.9988 wouldn't come as a surprise as bulls start to lose steam on H4. Risk to Reward Stops: 2.0140 Targets: 2.0030 & 1.9988