Trade of the day No.10 Sell NZDJPY if price breaks supportLooking to sell this at the right opportunity. Specifically if it breaks support, if it bounces up again, looking to sell at resistance. In either case, JPY as a safe haven will rise dramatically if stock market sees volatility to the end of the year.
Tradeoftheday
Trade of the day #9 Trade EUR/CHF between the rangeAs you can see there is a declining overall trend but it's bouncing between the support and resistance lines.
Here is a good idea to trade off the bounce.
Overall, I see more likely a break above the resistance as SNB makes efforts to devalue the Swissie
Trade of the day No.7. Sell AUDUSD as MACD rolls overMacd rolls over as price approaches mid range support. A drop below this opens up the price to stronger support. A drop below this and we are looking at a mid .60 handle.
MACD is one of the most reliable indicators that is extra strong when used in the context of other indicators.