GBPUSD - Potential move after the news (EARLY FUNDIE ) Cable currently @1.7065, and we are waiting for the potential move to the downside @1.7010 --- If not be aware of the move to the top of the bull flag and the break to the upside potential of 1.7170. Best way to trade it, an O-C-O order.
IMPORTANT DISCLAIMER:
These comments are for information purposes only. Opinions, market data, and recommendations are subject to change at any time. Forex trading involves substantial risk of loss and is not suitable for all investors. Do not trade without proper research on the asset. This is an opinion ONLY – and not a trade call, but this analysis may lead you to a trade. The information contained on this document does not constitute a solicitation to buy or sell an asset by FOREXTRADINGZONES.COM.
Fxtradingzones
GBPJPY - Short Setup Brk of the FlagGBPJPY currently @173.43 getting close to break of the bear flag - This will be a continuation to the 173.00 and then the 172.70 Fib extension.
Get your entry by going to the 60 min chart - and confirmation out of the 10-min. Always trade with price action and never trade without stops.
IMPORTANT DISCLAIMER:
These comments are for information purposes only. Opinions, market data, and recommendations are subject to change at any time. Forex trading involves substantial risk of loss and is not suitable for all investors. Do not trade without proper research on the asset. This is an opinion ONLY – and not a trade call, but this analysis may lead you to a trade. The information contained on this document does not constitute a solicitation to buy or sell an asset by FOREXTRADINGZONES.COM.
EURGBP - Short Setup @0.7980-95EURGBP currently at 0.7971 with a nice potential short above 0.7980-90 level. Strong resistance at the 0.8000 -
IMPORTANT DISCLAIMER:
These comments are for information purposes only. Opinions, market data, and recommendations are subject to change at any time. Forex trading involves substantial risk of loss and is not suitable for all investors. Do not trade without proper research on the asset. This is an opinion ONLY – and not a trade call, but this analysis may lead you to a trade. The information contained on this document does not constitute a solicitation to buy or sell an asset by FOREXTRADINGZONES.COM.
DO NOT TRADE WITHOUT STOPS
AUDUSD - Potential Short at the Brk of the FlagAUDUSD currently at 0.9395, with a potential break of the flag below 0.9380 we can get a target of 0.9340-20 area,
IMPORTANT DISCLAIMER:
These comments are for information purposes only. Opinions, market data, and recommendations are subject to change at any time. Forex trading involves substantial risk of loss and is not suitable for all investors. Do not trade without proper research on the asset. This is an opinion ONLY – and not a trade call, but this analysis may lead you to a trade. The information contained on this document does not constitute a solicitation to buy or sell an asset by FOREXTRADINGZONES.COM.
DO NOT TRADE WITHOUT STOPS
GBPUSD (SHORT) @1.6820-1.6825GBPUSD stalling at the 1.6800-1.6825 level... We'll be looking for the completion of the 5th wave, with 2 targets - the 1st target to the support line around the 1.6700 then the 2nd target to the 1.6600.
Entry SHORT @1.6815-1.6825
STOP 1.6860
1st Target @1.6700
2nd Target @1.6600
GBPCHF (POTENTIAL SHORT) @1.5115-1.5125Potential short once again at the top of the Daily Chart before the continuation to the 1.5240. Based on our analysis a short trade at the 1.5115 - 1.5125 will provide us a retracement to the edge of the channel at 1.5050.
Entry: SELL @1.5115-1.5125
Stop 1.5145
Target @1.5050