Asian session pumped USD which tapped the 1.212 level and rejected thats where i entered the short. The pair might fall to 1.202 area once it passes 1.208. Goodluck Traders, remember to wear a stoplosss :)
I believe GU is now ready to go bear mode. The liquidity grabbed at 1.395 was the last bullish push for the week, Ive shorted the pair at 1.394
The FOMC News pushed this pair to make a new high and grabbed the 0.78 Liquidity. On the higher time frame we till bearish, hope this short can run to 0.767 support zone.
The Pair has been in a range since monday morning and i think its now ready to make the move to 1.215 as its failing to break below 1.205. All the best traders, dont forget to wear a stoploss :)
We are still riding the GBP short. From the 1.393 rejection GU might fall to touch 1.377 trendline support
A small retrace to test the neckline, i will sell AU again if the rejection happens at 0. 774 but we'll see
GBP still in consolidation, hoping we it can break down to the 1.35 support area
If DXY Breaks support then we got more bearih momentum coming. With a good rejection then we price will go back to test 92.2 which is now resistance.
EUR bulls have axhausted the trend and brokeout on friday. Im now waiting an entry to short as soon as USD starts gaining momentum. Looking to liquidate all the long orders at the 1.690 major support. Hope you have a fruitful week traders, Trade safely :)
GBP kicked off london with strong bull impulse to hit the trendline channel at 1.376. im expecting the bear to continue the trend and test the major support at 1.366 for the 3rd time. once support is broken, it will be a textbook trade and open a new area for the bears targeting the 1.34 region. All the best guys, hope we all have a fruitful week ;)