Looking for a nice short on NZDUSD
Looking for a nice short trade on GA
It's historically proven that after the election that USD strengthen and also adding my technicals, I'm currently short this pair @ 0.66937 on my live account Stop loss is about 50 pips, target over 289.5 pips. if the market starts to move crazy I will manually close my position.
ECB'S De Guindos warned on Friday that Q4 growth will not reach the target 3%... he also said that the eurozone will start to see positive rates by 2021, so we have lots of mixed verbiage coming from ECB. With that info, I'm looking towards the technicals and taking a long based off a break and a pullback towards my down trendline.
Took a long on EUR/CAD, the market seems to have broken the down trendline, I do have 1 area of concern for a possible resistance (1.56345) Entry 1.55958 Stop LOSS 1.55545 (41 PIPS) Take Profit 1.57601 (164 Pips)
The market appears to be in an uptrend on the H4 chart, hopefully, we can get a positive market sentiment which will drive risk on currencies higher Entry 125.690 Stop Loss - 125.440 (25 Pips) Take Profit 128.730 (304 Pips)
USD/CAD have been on a solid downtrend since around June 2020, utilizing the H1 chart i'm looking to go... Short @ 1.31746 Stop Loss @ 1.31781 (35 Pips) Potential Take Profit @ 1.30394 (135 Pips)
Short @ 1.73803 Stop Loss @ 1.70700 (35 Pips Very Tight for a GBP pair) Take Profit @ 1.70700 (310 Pips)
Short @ 1.32236 Stop @ 1.32236 (25 pips) TP @ 1.30497 (130 pips)
Market sentiment seems to be on the positive side at this time, risk-on currencies could see some positive upside move throughout the rest of the Asia session... however we could see a change during the EUR session so I'm looking to sell CAD anticipating a bearish market mood and continuation of the downward trend.