Risky trade because we are expecting USD news at the start of the US session. A conservative trader will grab about 10 pips from this and close before the US Session. TP is about 40 pips. Risk to reward is 1:1. Might be worth it. Trade with that extra caution as always ;)
In the last few days JPY has gathered strength from positive news forcing the currency to overpower any pair that hasnt seen any positivity in their economy. Pairing JPY against any struggling pair today will be a good trade for 30 pip as there is no JPY news until later in the day. NZD is struggling and will mostlikely remain weak until the end of the week. Grab...
EUR gaining strength after the release of positive news. NZD to lose more value before the end of the day. orange zones are on the daily time frame and blue zones are on the four hour time-frame. Trade with caution! ;)
Eur has gained considerable strength in the last couple of hours. With Eur expecting positive news we should see a considerable rise. There are 4 zones that i expect to be crossed in the next 24 hours. The orange zones are on the daily time frame while the blue zones are on the four hour time frame. Trade with caution! ;)
Yesterday USD had an increase in the interest rate from 2.00 to 2.25 giving strength to the USD. AUD doing poorly today and we can expect a drop to the nearest zone at around 0.71880. This is around 30 pips. A good meal!
