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Key Trading Plan For GBPJPYGBPJPY continues to consolidate around the current price and seems struggle to break either support and resistance key level. Please wait for the price action before taking any trade. Key Trading Plan: i) LONG if the price breaks the resistance level 135.636 with the Take Profit Target at 139.161. ii) SHORT if the price breaks 134 and with the Take Profit Target at 131.984 ‼️Disclaimer: Please be advised that we are NOT Financial Advisors. We are not responsible for the results of your Forex or CFDs trading. The only person responsible for profits or losses is yourself. You should not consider any market information, educational and analytical material as trading advice that defines your trading actions but purely as educational market material. Please be advised that S.I.D. Capital shall not be liable for any errors in quotes and trading platform software errors. ‼️This Channel and all information is intended for educational purposes only and does not give financial advice. S.I.D. Capital Signals is not a service to provide legal and financial advice; any information provided here is only the personal opinion of the author (not advice or financial advice in any sense, and in the sense of any act, ordinance or law of any country) and must not be used for financial activities.
by SIDCapital
Key Trading Plan For GBPUSDI continue to see the pound as vulnerable to the ongoing gradual building of expectations of negative interest rates being adopted in the UK. The 5-year Gilt yield record low of -0.094% was threatened last week with the economic data this week failing to shift these building expectations. In spite of the market struggles, GBPUSD continues to consolidate and moves in sideways as you can see the price hovering around the trend line. Key Trading Plan: i) LONG from the current price to the resistance level of 1.28234. ii) SHORT if the price breaks the support level 1.24663 with the Take Profit Target at 1.22743. ‼️Disclaimer: Please be advised that we are NOT Financial Advisors. We are not responsible for the results of your Forex or CFDs trading. The only person responsible for profits or losses is yourself. You should not consider any market information, educational and analytical material as trading advice that defines your trading actions but purely as educational market material. Please be advised that S.I.D. Capital shall not be liable for any errors in quotes and trading platform software errors. ‼️This Channel and all information is intended for educational purposes only and does not give financial advice. S.I.D. Capital Signals is not a service to provide legal and financial advice; any information provided here is only the personal opinion of the author (not advice or financial advice in any sense, and in the sense of any act, ordinance or law of any country) and must not be used for financial activities.
by SIDCapital
Key Trading Plan For EURUSDEURUSD continues an upbeat upside movement with the key issue surrounds the EU Summit last week on the extra recovery budget for Covid-19. At this point, the best thing to is to wait for the price either to break key resistance level of 1.15163 or you can SHORT with the Take Profit Target to the support level of 1.12033 ‼️Disclaimer: Please be advised that we are NOT Financial Advisors. We are not responsible for the results of your Forex or CFDs trading. The only person responsible for profits or losses is yourself. You should not consider any market information, educational and analytical material as trading advice that defines your trading actions but purely as educational market material. Please be advised that S.I.D. Capital shall not be liable for any errors in quotes and trading platform software errors. ‼️This Channel and all information is intended for educational purposes only and does not give financial advice. S.I.D. Capital Signals is not a service to provide legal and financial advice; any information provided here is only the personal opinion of the author (not advice or financial advice in any sense, and in the sense of any act, ordinance or law of any country) and must not be used for financial activities.
by SIDCapital
Double Top For AUDUSD Just Another Reason To SHORTAUDUSD struggle to break 0.70 level and consolidate around the area. Slow starts last week and with the uncertainty around the 2nd wave of pandemic Covid-19, the movement for next week will be centred around Federal Reserve quantitative easing policy. Key Trading Plan: i) SHORT from the current price to the support level of 0.68120. ii) LONG if the price breaks the resistance key level of 0.70769 with the Take Profit Target at 0.71644. ‼️Disclaimer: Please be advised that we are NOT Financial Advisors. We are not responsible for the results of your Forex or CFDs trading. The only person responsible for profits or losses is yourself. You should not consider any market information, educational and analytical material as trading advice that defines your trading actions but purely as educational market material. Please be advised that S.I.D. Capital shall not be liable for any errors in quotes and trading platform software errors. ‼️This Channel and all information is intended for educational purposes only and does not give financial advice. S.I.D. Capital Signals is not a service to provide legal and financial advice; any information provided here is only the personal opinion of the author (not advice or financial advice in any sense, and in the sense of any act, ordinance or law of any country) and must not be used for financial activities.
Short
by SIDCapital
Japanese Yen Index Key Trading PlanJapanese Yen Index is currently on sideways. The price is most likely to consolidate before making a new momentum trend. Whether its upward or downward trend, we have yet to see if the price breaks the key resistance level of 94 (upside movement) or breaks the support level at 92 (downside movement). ‼️Disclaimer: Please be advised that we are NOT Financial Advisors. We are not responsible for the results of your Forex or CFDs trading. The only person responsible for profits or losses is yourself. You should not consider any market information, educational and analytical material as trading advice that defines your trading actions but purely as educational market material. Please be advised that S.I.D. Capital shall not be liable for any errors in quotes and trading platform software errors. ‼️This Channel and all information is intended for educational purposes only and does not give financial advice. S.I.D. Capital Signals is not a service to provide legal and financial advice; any information provided here is only the personal opinion of the author (not advice or financial advice in any sense, and in the sense of any act, ordinance or law of any country) and must not be used for financial activities.
TVC:JXY
by SIDCapital
LONG EURO Index Despite Triple Top Chart FormationOur prediction last week on Euro Index has come true. Despite the uncertainty around EU Summit last week, the market is upbeat to continue an uptrend. Earlier, European Council president Charles Michel said that it was possible to reach an agreement on the EU budget and the recovery fund. Key Trading Plan: i) LONG when the price breaks the resistance level of 115 with the potential Take Profit Target at 117. ii) SHORT if the price struggles and breaks the support level of 111 with the potential Take Profit Target of 109. ‼️Disclaimer: Please be advised that we are NOT Financial Advisors. We are not responsible for the results of your Forex or CFDs trading. The only person responsible for profits or losses is yourself. You should not consider any market information, educational and analytical material as trading advice that defines your trading actions but purely as educational market material. Please be advised that S.I.D. Capital shall not be liable for any errors in quotes and trading platform software errors. ‼️This Channel and all information is intended for educational purposes only and does not give financial advice. S.I.D. Capital Signals is not a service to provide legal and financial advice; any information provided here is only the personal opinion of the author (not advice or financial advice in any sense, and in the sense of any act, ordinance or law of any country) and must not be used for financial activities.
TVC:EXYLong
by SIDCapital
Double Bottom On US Dollar Index, Just Another Reason To LONGThe concerns over the second wave of Covid-19 has put US Economy into recession again, mostly on retail and manufacturing sides. However, double bottom on the chart gives us a hope that the US Dollar Index might recover in the short run. Key Trading Plan: i) LONG from the current price with the Take Profit Target at 97.84. ii) SHORT if the price breaks the support level 95.72 with the Take Profit Target of 95.08. ‼️Disclaimer: Please be advised that we are NOT Financial Advisors. We are not responsible for the results of your Forex or CFDs trading. The only person responsible for profits or losses is yourself. You should not consider any market information, educational and analytical material as trading advice that defines your trading actions but purely as educational market material. Please be advised that S.I.D. Capital shall not be liable for any errors in quotes and trading platform software errors. ‼️This Channel and all information is intended for educational purposes only and does not give financial advice. S.I.D. Capital Signals is not a service to provide legal and financial advice; any information provided here is only the personal opinion of the author (not advice or financial advice in any sense, and in the sense of any act, ordinance or law of any country) and must not be used for financial activities.
TVC:DXYLong
by SIDCapital