Rossmax83

Rossmax83

GBPUSD has been trending down since the start of the July and we can look to get short on retests of the 1.3524-1.3539 area which has acted previously as support and hasn't been retested since we broke down This area also ties in with the 38.2% retracement from the highs Stops need to be above 1.3550 Targets can be initially to 1.3450-134.65 with potential to...

Rossmax83

Dax has moved back above the 24245-24295 zone impulsively and we retain the overall bullish tone Retests of this area can provide an opportunity to get long Stops need to be below 24170 Targets can be back towards 24400 and even hold a runner back to the All time highs

Rossmax83

USD continues to show overall weakness ahead of CPI figures later today Retests of the breakdown area on USDCHF at 0.8033-0.8048 can act as resistance on any retests Stops should be above 0.8058 Targets can be back towards 0.7990

Rossmax83

Silver has broken out again above the previous resistance zone at $37.00-$37.30 amid ongoing concerns surrounding tariffs If we see corrective retests of this $37.00-$37.30 it can offer a good opportunity to get long and take advantage of Silvers bullish momentum. Stops would need to be below $36.75 and targets can be set to around $40.00-$41.50

Rossmax83

We have seen more USD weakness since the ceasefire in the MIddle East as the threat of Global inflation caused by higher Oil prices lowers, raising hopes of future rate cutes by the FED EURUSD has broken out cleanly from a previous resistance zone, and can act as support on any retests of the 1.1616-1.1636 zone Stops would need to be below 1.1611 Targets to be...