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.
Fundamental look is still positive for GBP throughout this week I recommend to buy GBPCHF on support levels.
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!
Weakness prevails with USD due to bets of weak non farm payrolls that will be published soon this day.
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
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
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.
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
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
I expect a continuation of the selling trend against JPY due to risk-on appetite Next expected target will be 1.4120
A buy setup for EURJPY. Expected target is the next monthly pivot. SL as shown on the chart.
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!
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!
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.
Short trade setup Entry at EMA 14 is a nice point to enter. Good Luck!
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!
Closing above resistance level 0.9485 could give indication for further upward move till 0.9524 Locate SL at 0.9447 Good Luck !
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.👍