OANDA:EURUSD Looking overbought and taking a short trade... make quick 20-25 pips profit. - The OANDA:EURUSD extended its advance up to 1.0718 yesterday - Mainly weighed by comments from Donald Trump, as he warned that the USD is “too strong” for US companies to compete with their Chinese counterparts. - On data side - Germany released the January ZEW...
OANDA:AUDUSD Looks overshold and taking a long trade... make quick 20-25 pips profit. - The Australian Dollar fell despite a return to strength for home loans in November - Investment lending hit a 17-month high - Aussie banks have raised borrowing rates since then, and the numbers may simply be too historic - AUD/USD slipped in the wake of these numbers...
OANDA:EURUSD Long trade... make quick 20-25 pips profit. - OANDA:EURUSD has partially lost the strong upward potential seen last week, although further declines will depend on the break below the 1.0565 level which is an immediate Fibonacci support - The pair has broken below a still bullish 20 SMA in the 4h chart - The Momentum indicator lost...
OANDA:GBPUSD Looks overbought and can make quick 20-25 pips profit. - The pair advanced up to 1.2300 level, but quickly retraced and in the 4 hours chart - Still risk remains towards the downside, as the 20 SMA has accelerated its slide far above the current level - The RSI indicator resumed its decline after a modest upward correction from oversold...
OANDA:AUDUSD Looks overbought and can make quick 20-25 pips profit. - Technical outlook indicates that the movement overstretched in intraday charts, as indicators are in extreme overbought territory, - However above 0.7524, December high and presents an immediate resistance - In the 4 hours chart, the price is far above a bullish 20 SMA, the RSI heading...
OANDA:GBPUSD All momentum indicators pointing to short... we can make quick 20-25 pips profit. - Manufacturing Production posted a strong gain of 1.3%, but the pound was unable to take advantage against the dollar. - News Monday, 00:01. This housing inflation index provides a snapshot of the level of activity in the housing sector. The index has posted two...
OANDA:EURUSD Looks oversold and can make quick 20-25 pips profit. - Closing the day up, the EUR/USD pair establish itself above the 23.6% retracement of its latest bearish run - Although the lower low daily basis has somehow increased the risk of a new leg lower for the upcoming days - The pair has been steadily rejected from advances beyond the 1.0600...
OANDA:USDCHF Looks overbought and can make quick 20-25 pips profit. Be cautious and get out if you achieve 15 pips: One of the thing I noticed is that the level around 1.0300 (too far out from current level) is particularly interesting in USD/CHF, as not only has this helped to form resistance over the past month, but this is also the 61.8% retracement of...
OANDA:USDJPY Correcting higher. Looks oversold and can make quick 20-25pips profit. - Yen's gains extended overnight, with the USD/JPY pair hitting a daily low of 115.19, from where the pair slowly recovered ground. - Temporal relief amid a better market mood and stocks trading in the green, although the technical picture is still short-term bearish -...
OANDA:USDCHF has been overbought and due for reversal. Targetting 20-30 pips from this point forward. Already taken the trade.
OANDA:EURUSD has been oversold and now due for reversal. I'm targeting 20-30 pips from this point forward. Already taken the trade. Ride along with me!
FX_IDC:AUDUSD has been oversold and due for reversal. I think it is due for long trade. I'm taking a long position with 73.50 target. New to platform and testing idea post.