EURNZD 3h AutoUFOs™ Trade Alert! 16 October 2019Buy Limit @ 1.7435
Protective Stop Loss @ 1.7380
Take Profit @ 1.7545
Rationale:
Buy Un-Filled Orders (Green UFO ) available in the 3h time-frame
Sell Un-Filled Orders (Red UFO ) further above allowing for the current trend to continue developing
Boosting Options:
Higher time-frame moving average values or Fibonacci retracements coinciding with the entry price
Confirmation-style Market Order execution after waiting for price to travel in and out of the entry UFO
Tradewithufos
EURNZD 3h AutoUFOs™ Trade Alert! 16 October 2019Buy Limit @ 1.7435
Protective Stop Loss @ 1.7380
Take Profit @ 1.7545
Rationale:
Buy Un-Filled Orders (Green UFO ) available in the 3h time-frame
Sell Un-Filled Orders (Red UFO ) further above allowing for the current trend to continue developing
Boosting Options:
Higher time-frame moving average values or Fibonacci retracements coinciding with the entry price
Confirmation-style Market Order execution after waiting for price to travel in and out of the entry UFO
AUDNZD Daily AutoUFOs™ Trade Alert! 15 October 2019Buy Limit @ 1.0705
Protective Stop Loss @ 1.0660
Take Profit @ 1.0840
Rationale:
Buy Un-Filled Orders (Green UFO ) available in the Daily time-frame
Sell Un-Filled Orders (Red UFO ) further above allowing for the current trend to continue developing
Boosting Options:
Higher time-frame moving average values or Fibonacci retracements coinciding with the entry price
Confirmation-style Market Order execution after waiting for price to travel in and out of the entry UFO
AUDNZD Daily AutoUFOs™ Trade Alert! 15 October 2019Buy Limit @ 1.0705
Protective Stop Loss @ 1.0660
Take Profit @ 1.0840
Rationale:
Buy Un-Filled Orders (Green UFO ) available in the Daily time-frame
Sell Un-Filled Orders (Red UFO ) further above allowing for the current trend to continue developing
Boosting Options:
Higher time-frame moving average values or Fibonacci retracements coinciding with the entry price
Confirmation-style Market Order execution after waiting for price to travel in and out of the entry UFO
AUDCHF 4h AutoUFOs™ Trade Alert! 14 October 2019Buy Limit @ 0.6750
Protective Stop Loss @ 0.6720
Take Profit @ 0.6810
Rationale:
Buy Un-Filled Orders (Green UFO ) available in the 4h time-frame
Sell Un-Filled Orders (Red UFO ) further above allowing for the current trend to continue developing
Boosting Options:
Higher time-frame moving average values or Fibonacci retracements coinciding with the entry price
Confirmation-style Market Order execution after waiting for price to travel in and out of the entry UFO
AUDCHF 4h AutoUFOs™ Trade Alert! 14 October 2019Buy Limit @ 0.6750
Protective Stop Loss @ 0.6720
Take Profit @ 0.6810
Rationale:
Buy Un-Filled Orders (Green UFO ) available in the 4h time-frame
Sell Un-Filled Orders (Red UFO ) further above allowing for the current trend to continue developing
Boosting Options:
Higher time-frame moving average values or Fibonacci retracements coinciding with the entry price
Confirmation-style Market Order execution after waiting for price to travel in and out of the entry UFO
USDJPY 1h AutoUFOs™ Trade Alert! 11 October 2019Buy Limit @ 107.55
Protective Stop Loss @ 107.30
Take Profit @ 108.25
Rationale:
Buy Un-Filled Orders (Green UFO ) available in the 1h time-frame
Sell Un-Filled Orders (Red UFO ) further above allowing for the current trend to continue developing
Boosting Options:
Higher time-frame moving average values or Fibonacci retracements coinciding with the entry price
Confirmation-style Market Order execution after waiting for price to travel in and out of the entry UFO
USDJPY 1h AutoUFOs™ Trade Alert! 11 October 2019Buy Limit @ 107.55
Protective Stop Loss @ 107.30
Take Profit @ 108.25
Rationale:
Buy Un-Filled Orders (Green UFO ) available in the 1h time-frame
Sell Un-Filled Orders (Red UFO ) further above allowing for the current trend to continue developing
Boosting Options:
Higher time-frame moving average values or Fibonacci retracements coinciding with the entry price
Confirmation-style Market Order execution after waiting for price to travel in and out of the entry UFO
EURAUD 3h AutoUFOs™ Trade Alert! 10 October 2019Buy Limit @ 1.6295
Protective Stop Loss @ 1.6245
Take Profit @ 1.6345
Rationale:
Buy Un-Filled Orders (Green UFO ) available in the 3h time-frame
Sell Un-Filled Orders (Red UFO ) further above allowing for the current trend to continue developing
Boosting Options:
Higher time-frame moving average values or Fibonacci retracements coinciding with the entry price
Confirmation-style Market Order execution after waiting for price to travel in and out of the entry UFO
EURAUD 3h AutoUFOs™ Trade Alert! 10 October 2019Buy Limit @ 1.6295
Protective Stop Loss @ 1.6245
Take Profit @ 1.6345
Rationale:
Buy Un-Filled Orders (Green UFO ) available in the 3h time-frame
Sell Un-Filled Orders (Red UFO ) further above allowing for the current trend to continue developing
Boosting Options:
Higher time-frame moving average values or Fibonacci retracements coinciding with the entry price
Confirmation-style Market Order execution after waiting for price to travel in and out of the entry UFO
GBPCAD 4h AutoUFOs™ Trade Alert! 09 October 2019Execution:
Sell Limit @ 1.6435
Protective Stop Loss @ 1.6420
Take Profit @ 1.6245
Rationale:
Sell Un-Filled Orders (Red UFO ) available in the 4h time-frame
Buy Un-Filled Orders (Green UFO ) further below allowing for the current trend to continue developing
Boosting Options:
Higher time-frame moving average values or Fibonacci retracements coinciding with the entry price
Confirmation-style Market Order execution after waiting for price to travel in and out of the entry UFO
GBPCAD 4h AutoUFOs™ Trade Alert! 09 October 2019Execution:
Sell Limit @ 1.6435
Protective Stop Loss @ 1.6420
Take Profit @ 1.6245
Rationale:
Sell Un-Filled Orders (Red UFO ) available in the 4h time-frame
Buy Un-Filled Orders (Green UFO ) further below allowing for the current trend to continue developing
Boosting Options:
Higher time-frame moving average values or Fibonacci retracements coinciding with the entry price
Confirmation-style Market Order execution after waiting for price to travel in and out of the entry UFO
EURGBP 3h AutoUFOs™ Trade Alert! 08 October 2019Buy Limit @ 0.8900
Protective Stop Loss @ 0.8875
Take Profit @ 0.8950
Rationale:
Buy Un-Filled Orders (Green UFO ) available in the 3h time-frame
Sell Un-Filled Orders (Red UFO ) further above allowing for the current trend to continue developing
Boosting Options:
Higher time-frame moving average values or Fibonacci retracements coinciding with the entry price
Confirmation-style Market Order execution after waiting for price to travel in and out of the entry UFO
EURGBP 3h AutoUFOs™ Trade Alert! 08 October 2019Buy Limit @ 0.8900
Protective Stop Loss @ 0.8875
Take Profit @ 0.8950
Rationale:
Buy Un-Filled Orders (Green UFO ) available in the 3h time-frame
Sell Un-Filled Orders (Red UFO ) further above allowing for the current trend to continue developing
Boosting Options:
Higher time-frame moving average values or Fibonacci retracements coinciding with the entry price
Confirmation-style Market Order execution after waiting for price to travel in and out of the entry UFO
DXY: LONG [D] [10/07]DXY | Strong | 100.00 – 96.50
- The FED looks to decrease interest rates in 2020 sending the Dollar lower last week and has since rebounded. Move towards 99.00 was seen in prior weeks.
- US-China trade war continues to influence the markets. This has not stopped China from buying US Bonds.
- Dollar has held under 99.00 since November 2018 and above the October 2018 lows around 95.00.
- Key BUY area 96.90/96.60 R30
Subscribe AutoUFOs: www.tradewithufos.com
Twitter: www.twitter.com
YouTube Get Togethers: www.youtube.com
Get Together Schedule: www.tradewithufos.com
Community: www.tradewithufos.com
Facebook: www.facebook.com
LinkedIn: www.linkedin.com
EURUSD: SHORT [D] [10/07]EURUSD | Weak | 1.1450 – 1.1000
- ECB President Draghi’s stance suggests the need for stimulus requires only the status quo to persist, not that things get worse. A resumption of QE , for as early as Sep may be significantly EUR negative. In long term, EUR upside is possible on fading US fiscal stimulus and growth out-performance.
- EUR failed to move above 1.1200
- Support was found closer to 1.0925
Subscribe AutoUFOs: www.tradewithufos.com
Twitter: www.twitter.com
YouTube Get Togethers: www.youtube.com
Get Together Schedule: www.tradewithufos.com
Community: www.tradewithufos.com
Facebook: www.facebook.com
LinkedIn: www.linkedin.com
GBPUSD: LONG [D] [10/07]GBPUSD | Weak | 1.3400 – 1.2000
- Prime Minister Boris Johnson is in the hot seat and needs to bring certainty to the markets on Brexit.
- Brexit put downward pressure on GBP and uncertainty remains on its outcome.
- GBP is supported above 1.2000. PM Johnson’s Brexit comments resonated with his European counterparts and has brought short term strength back into CABLE.
- Key SELL area 1.2740/1.2670 R70
Subscribe AutoUFOs: www.tradewithufos.com
Twitter: www.twitter.com
YouTube Get Togethers: www.youtube.com
Get Together Schedule: www.tradewithufos.com
Community: www.tradewithufos.com
Facebook: www.facebook.com
LinkedIn: www.linkedin.com
AUDUSD: LONG [D] [10/07]AUDUSD | Weak | 0.7200 – 0.6700
- The RBA reduced rates further to 0.75% commenting that support to the economy from fiscal stimulus is needed as future rate cuts may be less effective to encourage economic growth.
- Employment expectations are looking to set 3% as the “new 5%” normally considered to represent full employment
- Aussie spiked to 0.6675, recovered to 0.6800 and is ranging between 0.6800 and 0.6740.
- 1st Key SELL area 0.6915/0.6890 R25
- Waiting for buying to resume
USDCAD: SHORT [D] [10/07]USDCAD | Weak CAD | 1.3650 – 1.3250
- The BOC was slightly dovish at the policy meeting and sounded relatively more concerned over downside risks to the outlook from global trade and growth uncertainties, which restrained the CAD.
- BOC may not always follow the Fed in cutting rates, but may do so and is capping CAD strength.
- CAD was supported at 1.3020 at is finding some resistance below 1.3400.
- Key SELL area 1.3385 /1.3315 R70
USDJPY: SHORT [D] [10/07]USDJPY | Strong JPY | 110.00 – 105.30
- The US designated China as a currency manipulator triggering funds flow into JPY for safety.
- The equity markets have rebounded after falling sharply in prior weeks and JPY has continued to strengthen as Japan buys more US Bonds. A new low formed just above 104.50.
-2ND Key SELL area 110.00/109.50 R50
-1ST Key SELL area 109.00/108.70 R30
USDCHF: SHORT [D] [10/07]USDCHF | Strong CHF | 1.0020 – 0.9650
- Geopolitical risks are elevated and has pushed funds into CHF, which may cause the SNB to intervene if it appreciates too rapidly.
- Further rate cuts by the SNB may be needed and the SNB may even expand its balance sheet if necessary. Should Italy fears re-escalate, the SNB will remain “active in the FX market as necessary.”
- Key SELL area 1.0030/0.9980