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AUSSIE DOLLARWe have entered another long position this morning on AUDNZD. Another pair that sneaked its way into our watchlist which we are happy to try and take advantage of. AUDNZD has consistently been on a uptrend for the past week or so and we are hoping to see a continuation of momentum to reach our Target. our Entry here was roughly around 1.07818 and our take profit zone has been set at 1.08432 which is a total of 60PIPS. Be careful entering this position as price could potentially draw back before continuing. Happy Wednesday
Long
by Forexinsightsuk
MORE MONEYAnother trade that we took advantage of today at forexinsightsuk was the EURGBP. We entered early this afternoon with a Entry of 0.87295. This pair was on our watchlist at the beginning of the week during market opening hours and we are glad we could take advantage of this trade that fell lovely into profit. We were expecting a pull back and wasn't sure how much further the bearish momentum would particularly last. Therefore we had alerts set to notify us when to take our profits. We managed to manually close TP1 & TP2 roughly around 0.87029. Still a awesome percentage gain on our capital for a Tuesday.
Short
by Forexinsightsuk
GBPCAD LONGMonday. My favourite day of the week, purely because the markets are waking up. So we entered a long position on GBPCAD this morning. We are currently -2 percent but we are comfortably waiting for price to retest our strong resistance zone and eventually continue in a bullish momentum into our take profit area. Our analysis has been created on a 1hr time frame for trading view but was originally added to our watchlist on a daily time frame. Both which were convincing that price was going to have a bullish momentum. my entry was: ENTRY @ 1.76032 SL @ 1.75432 TP1 @ 1.76632 TP2 @ 1.77332
by Forexinsightsuk