Last week we saw a large pull-back in the audusd, the pair opened the week slightly above Friday close before trading lower to break the 0.7170. Now the pair have retested the turning point 0.7223 area. A short is initiated here and we expect lower lows in the pair. levels to watch : 0.7186, 07170, 07159 a clear break of the latter will open the door for 0.7067...
We are long eurgbp from 7196 targeting 7254. Last week we have seen momentum is the euro pairs and we are buying dips in the pair. The eurgbp is expected to bounce from this significant area. Stop below 7170 GLT Follow us on twitter @charts_247 for more updates
we have seen a nice move to the upside in the pair, the wave formation suggest that price is about to move another leg up. The primary trend is up and we want to buy dips in the pair. The current level here is significant. Buy from:90.30 Stop:90.20 Target is 90.90 GLT For more info and updates follow us on twitter @charts_247
We are long again from the Higher low 123.10.. stop placed below 122.90 GLT Follow us on twitter for more updates... Price target 123.34 before 123.66.
We are closing our long position in this pair at 123.59.
After unsuccessful attempt to drag the pair to the downside, we have seen price reclaim the 123.24. According to our previous analysis in this pair, we remain positive. GLT For more updates follow us on twitter @charts_247
On monday we took a short around 0.7249, price reversed and traded above which trigger a long trade that rallied yesterday. With positive ADP Non-Farm Employment Change in USD, we have seen price making a turn in lower timeframe. This is a low risk trade, short from0.7320. Sto @ 0.7345 Target: 0.7249 GLT Follow us on twitter @charts_247 for more updates
Last week we had this long trade before we close our position on friday. We have been watching this one closely to clear the 123.00 which it did today. We are long from current level 123.20, we are expecting price to eventually break the 123.24 area properly before 123.59. A break above 123.59 will open a the door for 124.06 which is the first target. There is...
We have see price again move to the upside today, this move as we expect is a discounting move. we are expecting price to stall in this area 0.7250 and make a turn for lower prices. 0.7223 is the first area before 0.7198 and 0.71580 as the target. Stop is place at 0.7265. GLT.. Follow us for more trading ideas and updates on twitter @charts_247
Last week we had a long trade which was close on Friday. Again this pair is gearing for a move to the upside. Today 184.66 is the key figure, the low that failed to make a new high in this mini price formation. On Friday we saw price traded above this point before coming back below. Again we are above this point and that is our invitation to open a long position....
Eurusd fell sharply this morning london opening before retracing to test 1.0630 level. The pair is presenting us with another chance to add to shorts @1.0630. This price point represent a sell point (low of 17th November) More slide is still expected as long as the pair remain below 1.0672. Trade with care... Follow us on twitter @charts_247 for more updates
We have a long trade here, 1.3278 is a support which held the initial up move. We saw many attempt to break below which was unsuccessful. We are now long the pair again, watch out for 133.69 and a break will give us the target of 1.3435 GLT Follow us on twitter @charts_247
We had a nice short on the pair last week. We closed our short yesterday at 122.42, we have now seen price making a upturn towards its primary trend. A long is initiated from 122.42 atop below the low 122.20. we will target the high 123.58 before a further push to the upside. GLT Follow us on twitter @charts_247
This pair have extended its gain yesterday to take stops and also touched the 0.7274 resistance. We initiated a sell yesterday which we later closed due to this move up, we are short again. Below 0.7250, we see more slide to the downside due to the preceding price action that occurred. The barrier we will watch out for are 0.7223, 0.7198 which is the structure...
we have seen considerable pullback in this pair over the past few trading days. Price action suggests that a move to the upside is about to resume. the key figure here is the 184.93. We will long the pair here in anticipation that price will not trade below 184.30 which is the stop for this trade. We will target 186.31 first before a further push...
Last week we had a long in this pair which was eventually stopped out at 1.0660. Before we reversed our bias to short the pair on Friday. we have seen price remain below this zone 1.0660 which is always a good sign. We expect the downside to continue in the pair, 1.0617 first and 1.0592 to be broken before we see 1.0500 later in the week. A trade above 10672 will...
0.7223 is a resistance that has failed to hold. we saw price traded above this point last week, on Monday price sharply dropped to 0.71580 before trading back up to confirm the breakdown. Here we have an easy trade. sell below 0.7223 which will eventually take us towards the 0.71580 and a break of this zone will open door for 0.7080 area. On the flip-side, a trade...
We are long nzdusd pair from current level 0.6550. The Move from 0.6604 is a discounting move and we expect price to trade back to break that level. stop loss: 0.6540 target: 0.6604 and 0.6640 GLT: follow us on twitter @charts_247 for more updates