A nice intraday short has presented itself for NZDCAD. We can take this pair all the way down to 0.82750.
A nice setup on Gold off some daily resistance at 1516. Our final target is 1483.
If we get that closure, we are headed to 1.61600 and then 1.61000.
USDJPY shorts are a go, with a nice R:R we at Volson Forex will be taking this trade.
A pretty decent short on GBPJPY has come into play. We got a break below support at 132.300. The pair now makes it way to 130.016.
As the GBP continues to slip, GBPAUD has started to as well. Technical analysis indicates a high probable move down.
GBPCHF has a great opportunity for next to short down to 1.18500. The GBP continues to weaken as the safe haven CHF grows strength on global trade tension. We have breached a key support and are looking to go lower.
BTCUSD buyers are in for a rough ride, but the last set support at 7,500 can relieve some of the pressure they are feeling. However, if this support fails, BTC will tumble to 6,000 and then possibly 3,300 by year end.
A possible short continuation on EURUSD as it makes it way to 1.08550. USD Core Durable Goods could be the catalyst for the move down.
A nice swing long on GBPCAD, simple range fill as we close out above 1.23200. A 7.13 risk to reward trade ready for the taking.
A possible intraday short has presented it self for USDJPY. Current USD weakness after rejection from 108.200 could take the pair lower, at least until tomorrow's FOMC release.
A nice long setup can be in store for us if we wait for the right entry. We need this closure to be bullish to signal a further move up. A failure to close bullish above 1.25100, will negate the setup.
Gold is at an interesting spot right now. We could have a great high probability short if we can get a closure below 1502. Our target is 1490, with profits taken every 30 or so pips on the way there. We will only enter, if we get that closure.
A nice (3rd) touch on the top trendline of a descending channel. Although, fundamentally the Dollar is in a tough spot. Both the European Union and the US are being affected heavily by the current trade war. It all depends on who is going to get the short end of the stick between the two.
A nice Gold setup that we can take right now, multiple confluences indicating a short. Let's hope Trump does not tweet anything to crazy while we hold this trade.
Wait for that closure, and then ride it down to 1.08530
We have AUDCHF, CADCHF in profit, and we see a similar story with USDCHF.
A nice short, that fits our trading strategy. Entry is now.