Trend broken here with bearish momentum. I’m short down to 0.67 - 200 EMA may create resistance but I think we’re going to be USD bullish until Friday now so plenty of room to move before a Thurs / Friday AM close. World moves to war, where is your cash going? USD and XAU to gain strength near term.
I’m in here short. Target 1.09, possibly 1.07 if momentum carries. Strong US data recently and more news out later. I can see a big rejection of 1.12, a head and shoulders created and downward pressure. I’m long USD vs. GBP & AUS also. Analysis to follow on other channels. Remember to keep risk in check. 1% max.
Going long here. SL beneath recent lows. Been looking to short USD on a number of occasions and now looks to be moving
Break in uptrend. Retest atm. I expect this pair to fall back to 1.34 over this week. Good R/R.
Long here. Sent this morning. Upward trend forming, EMA break and retest. 3 profit zones identified.
Run up against JPY last week. I’m expecting a YEN rally this week and a fall off of GBP/EUR/USD. Head and shoulders formed. Resistance at 150.5. Could fall back as far as 145.0
Idea: I am short here. Down trend building. Support level around 0.85 longer term, so tight SL, and a long run down expected.
Going short here. Poor NFP data, followed by a little recovery yesterday. Now shorting USD across several pairs.
NFP tomorrow. Don’t carry unnecessary risk into the weekend. Look to close USD positions ahead of the news - markets are a mess & scatty. Risk management priority one.
Sharing an idea. I traded this up to 97.0 and took profit earlier today. I’m seeing a clear rejection of 97.0, and a drive down. A small short targeting 96 | 95 | 94, and a SL of 97.1 could be a valuable trade with good R/R ratios. Enjoy!
Looking at a break and solid support on the 4HR. I expect this will break up. There is a lot of pressure on USD at the moment, and a lot of risk connected to it. I think we’ll see an overall USD sell off
I’m buying NZDCAD here. Nice break up, back to FVG, looking positive still. Long targets 0.82 / 0.84 / 0.85.
Looking a major sell side liquidity zone around 1.21. Higher CPI than expected, May support a drive back up. Using a small lot with tight SL, I think long here.
We're back. Took a little break from posting but happy to be sharing ideas once again. I'm going short here. There was a push above recent levels but it appears to have failed. The downside level seems to be 164.5, or potentially down to 162.0. SL: 166.9 feels comfortable. Happy trading all.
Going long here. US data later today may impact this trade but I am comfortable with the risk. Good momentum here, target 1.735.
Going long here out to 1.74. GDP news for USD / CAD today / tomorrow. Market seems to be pricing in weak data and we’ve seen some poor manufacturing results recently.
Seen a pull back and rejection here. Expect JPY to gain strength, JPY news on Friday but bull run to then. I am short AUDJPY/ USDJPY / EURJPY currently.
Can’t see much in USD data tonight to support further rises in USD near term. Inflation under control and low manufacturing numbers suggest a softening in Fed language could be on the cards. USD down to 138.0 for 6/1RR