EURCHF [W1C] Long Outlook.OANDA:EURCHF Has reached a strong monthly demand where it might slow down. if current demand hold above 1.080, then the potential is good for a decline and moving upwards a bit faster. The current Demand zone range is about a 100 pips. Trade it on your own responsibility and according to your account size and keep in mind that risk-off is still in play.
Ahmedmesbah
EURNZD [1DC] 2 Directions with a short bias!OANDA:EURNZD
The pair had a breakout to the downside in the beginning of April. Traded to the nearest obvious support at 1.66877 then bounced off to retest the broken channel where it meets a double resistance represented in the broken channel and the upper monthly wedge. I have a bias to the short side as EUR would be falling ahead to the NZD. A short swing targeting 1.67600. A long position can be opened from 1.72
GBP/USD [1DC] 80% Short / 20% Long. Go short or wait for the BO.OANDA:GBPUSD
Hello again,
I intended to analyse this pair with Heikin Ashi to remove as much noise as possible and clarify the idea. Price has reached a very important level where it needs first to retest recent highs."As GBPUSD used to do" then bounce back to the downside and join the channel once again. Our goal is the first previous down-trend line that was broken before and the 20D MA.
Alternatively, if price broke out to the upside and CLOSED above the 2 trend-lines. Then we can go long with a good conscious.
However, Conservative traders can wait for 1 confirmation bearish or bullish candle to go either ways. Aggressive traders can make a "SELL LIMIT" order from 1.29613 and TP @ 1.25526.
Short Profit: 450 Pips
Long Profit : 150 Pips
Regards and follow me for more ideas ;]
AUD/SGD [1DC] BUY it right NOW!OANDA:AUDSGD
Buy the pair since the price has reached a a very critical point where it hangs on a historical support in addition to reaching the channel bottom.
This is almost 2 : 3 weeks long trade with a very low risk potential. Place your SL few pips right under the current bearish candle.
Total pips: 370 Pips.
Any breakout to the current supports will VOID the setup.
Do it on your own responsibility with a proper money management.
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