With NZDUSD, I am waiting to see the recent highs or lows to enter a position. 0.59300 0.61500
I am looking for AUDUSD to reverse and go higher. If we see the 0.63500 area, I will look to take long positions.
EURAUD Has been very strong recently. I think we could see a big reversal, however we must wait for the price action. I am looking at either a break of the 1.70250 level or for a reversal around the 1.73000 area.
Last week we saw a good rise in EURJPY. I am looking to take short positions if the market reverses at 117.900 or 118.750.
USDJPY has been a difficult market to trade. We appear to lack any clear direction. There is an argument for the long side and the short side. My view is that we should wait to see a move higher or lower before getting involved at the moment. Let me know your thoughts on this pair.
Last week we saw a move up in EURUSD. At the current level we could possibly go lower, we could see 1.10350. If we go higher I expect to see 1.11500 I have a short bias on EURUSD
If the 0.86800 level holds, we could see a large rise. The outlook for both the EUR and the GBP are not so good, therefore we could see large volatility going forward. I prefer long positions in this pair.
GBPUSD has seen a large rise recently. I am looking for a reversal around the 1.26400 level. If succesful and the 1.26400 level is not broken, we could see 1.24000 and possible go lower. I have a long term short bias on GBPUSD.
The AUDUSD pair has been very strong recently. Now we have seen a pause and look like we can make a move lower. My first target is 0.64450. I do think we can go lower than this longer term.
It has been extremely challenging trying to trade this pair. USDJPY was stuck in a tight range for a period of time. Now we appear to lack clear direction. I cannot see this going above the 108.000 level however, we could go significantly lower in my opinion. Thoughts and feedback greatly appreciated. Happy trading :)
Today we saw a large rise in EURUSD pair. We could go higher from here but I am interested in short positions around the 1.09850 level. Lets see what happens going forward Happy trading :)
Today we had a big rise in EURJPY. I am now waiting to see if we will down at the following levels: 118.000 119.000 Around these levels I will sell if the price reverses. Thoughts and Feedback appreciated Happy Trading :)
If 73.800 Level holds, we could go higher. However if broken we could go lower. Either way, volatility ahead in this pair.
We are at a key level and a reversal is possible. Lets see what happens in the next few trading days.
NZDUSD looks like it could reverse around this area. Let me know your thoughts?
USDCHF looking like we can go a little lower from here