We are still looking for opportunities to buy AUDJPY on dips towards 74.85. This video goes through our multi-timeframe setup.
Here is our day trade idea for today...
Broken out of the channel formation to the upside.
There is scope for mild selling at the open but losses should be limited.
Bespoke support is located at 74.85.
Further upside is...
FX:GBPCHF , OANDA:GBPCHF , SAXO:GBPCHF
Here is a video on GBPCHF. We posted a buy idea on the pair this morning (see the related idea).
Just a quick run through on the reasoning behind it and why we thought it was a decent speculative trade to have a look at today.
Feel free to comment if you have any questions or would like to discuss anything.
I don't know which way EURUSD is going - as my analysis are time frame dependent and trend-dependent. Plus my crystal ball was broken many years ago, beyond repair! :))
In this screencast, I've reviewed from Weekly down to 15 min time frames. I'm in too much doubt. When in that state of mind, I'm happy to stay out and be left behind to miss loadsah equity or...