The trade is progressing succesfully in anticipated direction. Therefore I have changed SL to a new lower level 1.59304.
USD CAD showed a higher high which may be a beginning of trend reversal from bearish to bullish. Stop loss is at 1.25408 which if hit will result in a loss of about 368 Dollars. Target remains open.
An uptrend in the making with higher highs and higher lows. My Stance is Buy at current with Stop loss 1.25655.
Stop loss dragged down to 1.60027 to reduce possible loss. previously my Stop loss was above 1.62000 which could have caused a ioss of more than 2000 Dollars if activated. with new stop loss it is reduced to about 350 dollars. Iftikhar Anwar
My stancnce is to sell EUR AUD at current rate with a stop loss at 1.62499. Iftikhar Anwar
EUD AUD changing trend from bullish to bearish. my stance sell at current 1.59671. Last lower high is 1.62363, therefore my stop loss is slightly above that at 1.62499. Iftikhar Anwar
In my opinion Microsoft Corp. (NASDAQ) is reversing its trend from bullish to bearish. Shorting from here seems to be appropriate at current rate i.e. 290.40. Stop loss should be slightly above 300.90 which is the last lower high. I put stop at 301.50.