Happy Monday everybody! GBPUSD currently trading around 1.40 with a lot of space to go above it. EURUSD getting messy, trading below an important ascending TL. USDJPY swinging inside a TCL. bulls in control at the moment. AUDUSD on a rampage, big day on Friday closing above the 2020 & January highs. GBPJPY a long way from the MA's. Good luck.
Cable really stretching it's legs in February with few obstacles in the way. Psychological level 1.40 but above that is a gap to be filled toward the double top of 2018.
I managed to grind out a small win, +0.5R on the day. Not taking a USDJPY trade cost me 1R, and AUDUSD puked my stop before hitting the lows for another 1R. Could have been a great day, but that's the point of these videos. To improve.
EURUSD 2 small daily ranges have made it tough trading breakouts. BRN 1.21 sits just below where we currently trade. GBPUSD a close below 1.3750 could be crucial on the week. USDJPY has pulled back 104.50, 120 pips for the weekly range.
Sideways days are no good for breakouts. I ended up around -2R down although the system would have been flat. Have a good one!
Looking like a -1R day, should have stopped trading after the CB speakers. The usual traps!
GBPUSD above 1.3750... room above EURUSD above 2 significant levels of resistance USDJPY, the big pull back! GBPJPY consolidating around the highs, MA's catching up.
Small losses across the board today.
EURUSD touch 1.2060, previous support area overnight and that could be key before going higher. GBPUSD tested TL resistance, 1.38 just above where we currently trade, above that could be a lot of bear stops. USD returning a lot of those recent gains. 104.80 is support, but below that we could see a retest of the wedge breakout arear, huge! GBPJPY accelerating...
First of all, we're sorry if you have tried to get in touch with us in the past 12 months. We have had some technical issues but we will be replaying to all emails this week. Thank you for understanding. On to today! +6R another great day. Check out the review.
Happy Monday! EURUSD bulls fightback on Friday, although I'm not convinced they have completely taken control back from the bears. Still a fight to be fought. GBPUSD bear exhaustion above 1.3760 highs? USDJPY awaiting a some consolidation for a bull flag. GOLD previous support 1820 is the line in the sand for where we go next.
Happy Friday everyone!
$ strength across board apart from £. BoE yesterday. USDJPY pausing for thought at 105.50 EURUSD bears smash 1.20, targeting 1.19? or will the bulls step in? GBPYJPY outside bar on DC. AUDUSD wait and see mode.
EURUSD trading around 1.20 GBPUSD broken out through resistance of its ascending wedge. 1.35 next? USDJPY rampant! 105.50 next. GBPJPY pulling back toward 142.70 - 142.33 AUDUSD pausing for though since breaking wedge resistance. GOLD testing significant support 1820.
EURUSD 1.20 remains untested. GBPUSD remains choppy, ascending wedge formed? USDJPY trend channel resistance broken on the daily, 108.000 achievable? AUDUSD wedge support broken.
GBPJPY pin bar failed! USDJPY continues higher following trend channel breakout. EURJPY targeting 127.000 Cable a mess! Gold choppy following WSB precious metal short-squeeze comments. AUDUSD big day, does it close back inside the wedge for the week and month end?
USDJPY looks like it's finally breaking out of this Trend Channel / Wedge. EURUSD under pressure following ECB comments yesterday, although not from the big dog, Lagarde. 1.20 imminent? GBPUSD struggling to gain momentum to break through 1.37. AUDUSD has broken the wedge and giving away some of the gains. 0.7600 tested overnight.
Cable trading around 1.3750, expecting some tops above and potential for exhaustion and a run toward 1.38, even 1.39 after accumulating orders on the grind higher in recent months. EURUSD trading above 1.2135 support, 1.20 still untested which correlates with our TL as support. GAP between supply and demand area should we break below 1.20. USDJPY still stuck in...