Going short here. GBPAUD struggling to gain momentum. Seen a break in structure and a retest fail to regain lost ground. GBP selling off against most pairs recently, suspect we’ll see a move down towards 1.82/80.
Watching USDCAD here for a break either way. I remain neutral & will follow the market, but good to highlight the pattern to others. What do you think?
Looking OB to me. With the US debt ceiling conversations pushing markets yesterday, there is still a lot to do to get a deal agreed. I suspect markets are over pumped, and we’ll see a fall back into US open.
I’m short here. Struggling to break 149.0 and hold. I suspect we’ll see a fall back towards last weeks lows of 146.0 I AM SELLING EURJPY ENTRY: 148.95 TP: 146.0 SL: 149.4 (45bps)
I AM BUYING AUDCAD ENTRY: 0.8965 TP: 0.91 SL: 0.8935 (30bps) Strong support line. Triple bottom. Expect things to move up and retest 0.91 (4/1RR)
I am long here now. Break in trend, fall back on 15m timeframe. I’m now long to 0.68, may extend if momentum carries.
I am buying USDCHF. Break of recent EMA, clear upward pull, I am targeting 0.92 in the near term with 50bps risk (5/1RR).
Watching CADJPY closely here. YEN has been volatile over the last few weeks and has moved against the market a few times. Here we can see a large ascending triangle forming, might this signal a move back up to 110? Or a fall back to 94.0. Watching closely for any break, retest and movement.
I’ve just gone short here. Looking for 70-80bps to recent lows of 1.06, with an extension goal of 1.035 subject to momentum and carry.
Just entered a short trade here. Seeing some bit resistance, expecting the pair to fall back towards 166.0
I am selling NZDJPY. RSI signalling OB, expecting a Yen pump this week having been hammered for the last few weeks. I’m short with a SL at 85.1, target 82.0
I’m short here. Break in structure, rsi looking OB, retest stalled around EMA. Think we have a good opportunity here with limited risk.
I am buying GBPAUD here. Following the 4HR channel nicely. Clear rejection at 1.86. I’m buying.
Rejection of the 200EMA, I am buying gold up to historic highs of 2060-2080. R/R 7:1
Going short here. 3 drives up have failed to break 1.11, so expecting some pull back now. Target 1.08 and 1.06 in extension.
Looking short here on CPI data & market reaction. Expect 130.0 near term, possibly 128.0 in extension.
Expecting EUR to slip this week. Short here on small failed retest. 80bps SL. Manage risk appropriately.
Break in upward structure here. Expecting EUR to slip this week. TP 140.0