This pair looks very interesting right now from technical point of view. Price is trading now at strong resistance on weekly chart. My personal view is neutral because if resistance is broken we may see continuing bullmarket. But in short term it can be interesting to short this as daytrade, possibly as swingtrade if price moves down significantly. Have in mind...
Looking for bulls to take over control. For target i see last hight at 152 1.28% .830 as good zone to bank profits. 151.190 is also good zone, if prices struggles to move higher above. And for risk management previous low is a good point to set your stop-loss. Good luck all.
Anticipate more downside on this pair. If prices moves up and above last top than wait. As long top holds look at short opportunities. Last low support is great area for profit banking. Have a happy trading and make some sweet pips.
Simple trading idea for long position. NZD/USD is trading right now at support level. This trade should be safe to trade. I have already opened a long position at 0.70750 with SL at 0.70400
Gold have taken some damage last month. For this week I see more downside for this metal. Area I have monitoring is fib 0.61 level and trendline. If price moves below that level than anticipate more selling for gold.
Hello. This pair looks to get ready for turnaround to the downside. But stil on weekly and monthly chart uptrend is strong. So be careful with shorting. Look for confirmation before entering. If we see push down than be sure you have stop loss in place. I will trade with minilots if I see confirmation. Good luck.
Euro is showing weakness and Pound have more potential to go up. I see very big possibility for eur/gbp to go down more all the way down to 0.8300 in long term.
AUD/NZD have traded very well now, it may continue up. The move up had been strong, so I don't recommend to short yet. Better to buy on pullbacks if trading this pair right now. Otherwise wait for price to come to supply zone 1 or 2 before shorting.
There is a good chance for this pair to go down more. Seek for latest lows for your target.
My bias for aud/usd is bullish. I was shorting this pair 2 times this week with small positive outcome. But bears have difficulties to push down, and we are entering bull area which means that there is better chance to go long than short. Enter at lows and take profit at last highs as showed in the chart.
USD / JPY trades in range on Daily chart. Looking on monthy chart we can see possible rally in the future. I see this as bullish opportunity. Wait for price to come down to lows at 108.300. Set your target at previous tops. :)
Beautiful position for shorting EUR against GBP. Euro have shown weakness across meny pairs today. On this pair EUR is stil trading at top which is perfect. For stops look at latest top. For target look at 0.86500 as first target. For second target 0.83470 is great area. It's also a strong support in past.
Look for long this pair. Make shore that stops is under last support level at 1.62520, good target area is at 1.74700. For best entry wait until price comes to 1.63700 and under.
Nice setup for long position. Price may go down to 1.6880 for re-test support before taking off north.
Waiting for range to be broken. More sell can happen.
This pair has moved just over last top from 29th June. Look for price to push down. But before that we may see some consolidation on top over next week before price will move down. Also have in mind that price has moved up stronglyin past and it may continue all way up to 88.70 area, so be cautious and have that in mind.