EUR/USD is approaching some very critical levels where you can see 4 Hour resistance at 1.1755 and also a daily resistance at 1.1759. If EUR/USD manages to break through these levels then it won't have to go to far before it approaches major supply zone starting at 1.1786. For right now I wouldn't put in a short on this pair until we get through a couple of...
Hello Fellow Traders, I'm watching the AUD/USD closely as I have short position open from supply area (Green Box on my chart) but I will soon be taking my profits from these shorts and looking at possibly putting a buy order in just depending on what the market presents to me. There is not doubt that were going to get a massive rejection from this strong down...
Good Morning Traders, I've shorted this market since the pink line that you can see on the chart and now I'm looking to add to my short as we are going to see a strong push down into the top of the range of 4 hour chart which is around 0.7969 area. Key things to watch is high impact US data that is expected in a hour but the data should favor the short as the...
Price is in supply zone so I'm going to wait for currently 4 hour candle to close before I enter short on this pair.
I've placed a entry order on USD/JPY at 110.80 for a potential strong reversal.
Still have 2 hours before interest rate decision and FOMC stuff comes out moves should start happening as we get closer to the event. My bias is still long on this pair from demand area (Green Zone).
I'm looking to enter long once price tests demand area which is between 1.1600 and 1.1615, take profits and stop losses will be placed once my trade gets triggered. Trade with care and good luck!
Watching the AUD/USD to break out of a tight range and head towards 0.8000, watching for entry around support area which is 0.7870 stop losses and take profits will be placed once trade gets triggered. Trade with care and Good Luck!
Will be looking to add to my short position once we get closer to the interest rate decision.
All details are on the chart and will update when needed.
This trade turned out to be a very good intraday trade for me. I entered at 1.680 and have so far gained 40 pips profit on this and looking to close somewhere around 1.1635 or end of NY Session.
Use proper trade management when entering.
I would wait it out on this pair as price is heading towards 1.1680, possible double top forming. Wait for Price action before entering short.
After watching price on the Moderate support we have a rejection off 1.1635 Support Area so now we wait for Frankfurt and London Sessions to see what they present in terms of direction of this pair. Still a strong bias for a short on this pair.