Haven't update my idea for quite long time. As we all know US government bond yield has climbed up so high, and market is still waiting for futher signal from US Fed. I believe current trend won't change until US Fed has further reverse action. However it is not possible based on current U.S domestic situation with Covid 19 still threating people and government...
Risky opportunity compared with USD, GBP is relatively strong against EUR. But I think it still worth it. M15 only, please be aware of time frame of investment. TP 0.89590 SL 0.88794
As strong support level confirmed, we can open position now TP 1.22158 SL 1.21250
Long-term down-ward trend is shown in graph. Possible sell position can be opened at 104.705, also be aware of fake break. Good Luck.
Considering the vaccine against Covid - 19 will be accepted by more and more countires and the US government is very likely to approve new economy stimulation plan. Investor will change their risk preference and chasing high return from relatively high risk assets. Strong resistence has been confirmed In the shot term I believe we will see a price flucating but...
AUDUSD has support level confirmed yesterday. It is a good opportunity to make a long position. Take profit and stop loss prices have been marked on this chart. Investor should be aware of the risk of current market.
We are facing strong singal for EURUSD, to be specific, which is DXY future trend. Once the market confirm strong resistance level at 1.14125, we can sell. Be aware of fake break, which could happened based on US market data.
We have strong support level confirmed from previous, it is chance to buy EUR againse USD now, but should be aware of US Federal Reserve announcement about interest rate and economic forecast.
Support Level just confirmed yesterday. The whole market has turned from last week. US Dollar has found its support recently. If coronavirus keep spreading in Japan,Korea, and other countries, gold will go back to 1680 or reach new highest point. So we should keep watching market and be careful with any emergencies. Good Luck >< SL @ 107.041 TP @ 109.288
Considering the downward trend of US Dollar is still there, we can keep selling USDCAD by stage.
Hi, currently we assume Iran and U.S will not have war at this stage. So in short-term, support level 0.96840 is confirmed and strong. Stop loss @ 0.96335 & Take profit @ 0.98083 for less risk or 0.98539 if the trend didn't reverse. Good Luck
We have sell opportunity for AUDUSD, we just confirm it has reached the top of downward tunnel and didn't break the top of tunnel. Sell @ 0.6855, TP @ 0.67413, SL@ 0.69353.
We just confimed resistance level @ 122.115. Now it is retracing. Sell at current price and TP @ 120.043 - (119.531 is risky compared with 120.043.) SL @122.20 Moving Average shows it may reverse current downward trend and be careful with 120.726, that's where I think could be the possible reverse point.