WhosPipsAreTheseAnyway

WhosPipsAreTheseAnyway Updated 

AUDUSD - we saw a test of the lows around 0.70 then bounced back up to 0.7133 . We are fast approaching the 0.7140 downward trend line and sell zone. We could head past the trend line in the short term with all the current swings we are experiencing and I will therefore sell another clip around 0.7175 if we get there. However, if we do manage to stay below...

WhosPipsAreTheseAnyway Updated 

We have seen a bounce off the lows in the CADJPY cross, extending slightly past the 78.69 fibbo resistance, I remain a seller of this pair up until the 79.10 area. Therefore I have entered a short at 78.80 & will sell another clip at 79.10 if we get there. I expect to head towards and test the low around 78 again. Short at 78.80 Short 2nd clip @ 79.10 (if we get...

WhosPipsAreTheseAnyway Updated 

Selling a clip of AUDJPY here at 73.86 ahead of the 73.94 pivot and breakdown area that held on Friday. As long as 74.45 fibbo resistance holds, I remain a seller of the rallies going into the RBA meeting. RSI indicates that the market is overbought and the momentum should start to turn towards the downside. I will sell a 2nd clip around 74.10 if we get there....

WhosPipsAreTheseAnyway Updated 

There is a lot of support in USDCAD around 1.3250 mark. I have therefore gone long the pair at 1.3255 as I expect this level to hold. Target of 1.33- 1.3320. Entry @ 1.3255 SL: 1.3230 TP: 1.3320

WhosPipsAreTheseAnyway Updated 

The 105 - 105.10 area has acted as a pivot for USDJPY lately and I expect a reversal from the current rally. I have entered into a short at 104.86 ahead of the 104.96 fibbo resistance just in case we do not make the 105 pivot area. I will sell another clip at 105.10 area if we get there and stop around 105.30 for all. From a fundamental point of view, UST's ($...

WhosPipsAreTheseAnyway Updated 

AUDJPY bounces off the lows however there is strong resistance around the 74.10 level. so my strategy remains the same (sell the rally's). I will sell a second clip around the 74.10 mark if we are to get there with a stop around 74.35 for all. Short 1 @ 73.87 SL: 74.35 TP: 73.13 (fibbo support)

WhosPipsAreTheseAnyway Updated 

As mentioned on my previous EUR chart - momentum is towards the downside since we broke the uptrend at 1.1745-50. We have since sold the break however we ran into some support around the 1.1650 mark yesterday and I closed the trade at 1.1661 for some decent profit as the sell off was looking exhausted according to RSI. Today however we saw a bit of a consolidation...

WhosPipsAreTheseAnyway Updated 

AUDCAD is on a downward trend and is capped by the fibbo resistance around 0.9409 and the downward trend line just above that. The asset remains responsive to risk off mood which we could see play out with the current volatility that lies ahead around the US election. We saw it test the 0.9347 fibbo support yesterday and have since bounced. I remain a seller of...

WhosPipsAreTheseAnyway Updated 

AUDUSD - we saw a low of 0.7010 then bounced back up to 0.7033 where I entered my short. We need to get through the 0.7006 fibbo support lvl and then we could see further momentum to the downside. Fundamentally, I believe in this trade as the asset responds negatively to volatility and a risk off mood that we could experience towards the US election. Entry: 0.7033...

WhosPipsAreTheseAnyway Updated 

Sold the bounce in EURUSD at 1.1694 on the back of a dovish ECB and broken up ward trend line . We need to head through the 1.1685 support and then the momentum points to 1.1612 (the next fibbo support). Tight stop will be implemented at 1.1705-11 level. will monitor as we go. Good luck!

WhosPipsAreTheseAnyway Updated 

AUDCAD is on a downward trend and is capped by the fibbo resistance around 0.9409 and the downward trend line just above that. The asset remains responsive to risk off mood which we could see play out with the current volatility that lies ahead around the US election. I have opened a short at 0.9403, SL 0.9420 (close) and finally a TP 1: 0.9347 TP2: 0.9303