HexTrader

HexTrader

The bulls gaining traction and look to test some key areas of resistance. Trade strategy: - Close half position at target (1.65500) - Close full position at target (1.66500) - Close and reassess if price breaks trendline below entry

HexTrader

GBPAUD has broken out of the current triangle formation. Trade strategy: -Take profit at target (1.83150) - Stop loss at 1.81450 - Be prepared to close early if needed

HexTrader Updated 

EUR bulls look to hold the pair above 1.13000 after a break out and retest of the recent descending channel on the 1h chart. Trade strategy: - Close half position at target (1.13400) - Close full position at target (1.13800) - Close and look for re-entry if bears convincingly take price below 1.13000 ----------------- Always conduct your own analysis before...

HexTrader

The 200 SMMA is continuing to serve as a resistance on the 1h chart and bull momentum is slowing. Trade strategy: - Close half position at target (1.28550) - Close full position at target (1.27800) - Close and look for re-entry if price breaks above the trend line