Trade idea for week 2: I’ll be looking for an entry here around 1.745/750 - if we see a bounce at that level we may see a return to 1.80 or even 1.82 In extension. Await confirmation.
Trade idea week 2: If this pair cannot break 91.00 I suspect we’ll see it fall back to around 88.00. Nice opportunity. I’ll be looking for an entry after US open on Monday. As per my strategy, I don’t trade Monday AM as things settle. Let’s see what happens here.
Trade idea for week 2: Seeing a continuing downtrend forming here. Recent spike may present a sell opportunity with a solid rejection early this week. I’ll be watching this pair closely.
Trade idea for week 2: A clear rejection of historic highs. Suspect we’ll see a significant downtrend over the coming days and weeks. I am looking for somewhere to enter a trade this week.
Trade idea for week 2: Broken the up trend here clearly over the holidays. I am looking for a retest of the up. A rejection this week would be a strong indicator to short. I was short In this week one for over 100bps but exited because of NFP. Let’s see what this week brings.
Trade idea for week 2: We can see a break in structure; Still very early so not entering this trade yet. JPY govt. policy could create volatility with any JPY pairs so be careful. I think this may go long, but will be monitoring closely this week.
Trade idea for week 2: Seeing a clear break here from the downtrend. Expecting a solid retest and if we see good resistance I’ll be looking to go long. Await confirmation.
Trade idea for week 2: Seeing a clear bottom here for this pair. Limited downside appetite. Expect a retest and push up like CADCHF. Wait for confirmation.
Trade idea week 2: I’m looking for a retest of recent highs then a free run up here. Double bottom, limited appetite for further lows. Awaiting confirmation.
Trade Idea for week 2: looking at the top of a downward channel here for GBPUSD. I expect a pull back. Awaiting confirmation post-US open on Monday.
Here we can see a break of trend, solid retest and rejection. I am short USDCAD.
I’m seeing CADJPY hit good resistance here on its descending channel. Short back down to 95.5. RSI on longer timeframes also showing overbought.