MO_FOREX_TRADING

MO_FOREX_TRADING

US PCE (Personal spending) data will be announced in the begining of the American session today with positive expectations, if these positive expectations are achieved this means that the economy is strong and will give boost to AUD, NZD and stock markets.

MO_FOREX_TRADING

Fundamental look is still positive for GBP throughout this week I recommend to buy GBPCHF on support levels.

MO_FOREX_TRADING

Unemployment rate came less than expected to give more losses for USD Next idea is for buying NZDUSD to next resistance Let's hope the best!

MO_FOREX_TRADING

Weakness prevails with USD due to bets of weak non farm payrolls that will be published soon this day.

MO_FOREX_TRADING

Same as GBP pairs , Brexit pessimism sell of has broken an important support level at 1.7650 I am expecting continuation of the drop till 1.7355 level

MO_FOREX_TRADING

The big push last week due to the negative news on Brexit talks has broken a key support level. Retesting of the broken support is occurring now due to talks extension. I am expecting continuation till 1.1620

MO_FOREX_TRADING

First downward move was caused by weakness in USD and the better than expected employment report in Canada. Second move was short corrective Third move is expected to go down to 1.2705 I recommend going short as shown on chart.

MO_FOREX_TRADING

Dominating trend in the market nowadays to sell USD. Dollar index is recording new lows. USD buyers failed to build a strong support yesterday and price jumped quickly above SMA 14. My recommendation to continue going up till 1.22

MO_FOREX_TRADING

Continuation of the dominating trend in the market for selling (JPY) driven by optimism in stocks markets due to the vaccine. Expected target level will be 1.2730 Trade setup as shown on the chart

MO_FOREX_TRADING

I expect a continuation of the selling trend against JPY due to risk-on appetite Next expected target will be 1.4120

MO_FOREX_TRADING

A buy setup for EURJPY. Expected target is the next monthly pivot. SL as shown on the chart.

MO_FOREX_TRADING

Wave that reversed without reaching to its target, makes me expect to continue upwards till next monthly pivot. Retracement to current levels provides good buying opportunities. If you like the idea give it a like or comment Good Luck!

MO_FOREX_TRADING

Buy setup, expected target monthly pivot at 1.1961 If you see this idea a good one give it a like or comment. Good Luck!

MO_FOREX_TRADING

Buy trade setup , with impulsive wave penetrating the monthly pivot at 1.3340 Expected continuation in uptrend till 1.35 If you like the idea give it a like or comment! Thanks and Good luck.

MO_FOREX_TRADING

Short trade setup Entry at EMA 14 is a nice point to enter. Good Luck!

MO_FOREX_TRADING

This is a short trade setup for GBPNZD after breaking weekly support. May be it would be better to wait till rebound back to EMA 14 and EMA 50. Expected target will be 1.9300 Good Luck!

MO_FOREX_TRADING

Closing above resistance level 0.9485 could give indication for further upward move till 0.9524 Locate SL at 0.9447 Good Luck !

MO_FOREX_TRADING

This may be a good setup for buying AUDCFH after closing above a weekly resistance at 0.6570 TP and SL are shown on the chart Good Luck! Give it a like or share your comments.👍