OraibUK

OraibUK Updated 

NZDUSD will make a down move to test its first support level in next week. Its a short term trade that can easily give you 50+ pips.

OraibUK Updated 

EURGBP is expected to pull back above R1 area. This zone is quite attractive to enter sell. Dont chase the pull back only enter short once it turn back to 0.85473 zone. With GBP data on cards, this move may happen very quick or with a bit delay. Political backlog of eurozone is sufficient to push this pair lower.

OraibUK

GBPJPY is benefiting a lot from JPY yield curve approach of BOJ and the resulting depreciation of Yen. On other hand, GBP is only pair in G10 which has so far maintained its momentum against other G10 pairs. This fundamental supports that GBPJPY can easily approach its TP1 and TP2 in Dec. Its a 200+ pips chance to grab for your Dec vacations.

OraibUK

USDCAD is now fully equipped with technical and fundamental inventory to test 1.36 level in Dec. With OPEC at jeopardy and Fed rate hike at almost 99% consensus, buying this pair on any dips or at market is the best choice for this week/month. Although SL is very large but is least-likely to be hit.

OraibUK

USDJPY will not stop its rally and may reach to 115.9 area before making big correction. Its a 200+ pips movement and with relatively a very high R/R ratio. Its the safest pair to trade this week. Buying on dips is advisable as long as the 110.0 is intact.

OraibUK

AUDUSD is expected to make a big 130+ pips down move once it is pushed to close below 0.74140. Make quick entry after watching price action and book profit once it reaches TP1.

OraibUK Updated 

USDCAD will endup closing 1.35500 by the end of this week.