PeterHedger3

PeterHedger3

Looking at this pair, It looks like the range has been respected perfectly. As long as everything stays in this range, a short position should would out great here.

PeterHedger3

NZDUSD is approaching a resistance level. There is a chance of a reversal and ideally it would be good to enter at the marked zone on the chart around 0.61500. Let me know your thoughts on this one.

PeterHedger3

USDCAD is a great market to get long. We have held the current support around 1.38650 3 times. As long as this level holds, there is a good chance we can catch a move higher. Lets see how it plays out.

PeterHedger3

I am happy to be long Gold as long as we break strongly through the horizontal level marked on the chart. We have been in an up trend recently. Lets see what happens.

PeterHedger3

Oil has had a crazy time over the last few weeks, definitely anything can happen here but my view is we are going up. We could drop to around 29.80 but then bounce, or we could just go straight up. Its a good idea to trade a longer dated contract if possible as you don't want to be caught out with some crazy move around the contract expiry / rollover time....

PeterHedger3

EURJPY has seen a recent rise. I am looking to short this pair at the levels marked on the chart. Now looks like a good entry but if it breaks the resistance I will simply look to the next level to short. Let me know your thoughts.

PeterHedger3

Resistance has held 3 times in the past. If we dont break now we can go lower and get short. Lets see how this one goes.

PeterHedger3

With NZDUSD, I will be looking at both support and resistance. If we see reversals I will possibly enter. I hope to see a setup in the next few days.

PeterHedger3

USDCAD Could see a reversal and a move higher if support is held. It still needs to come down and test this level so its certainly one to watch.

PeterHedger3

Today we had a small rise in the GBPCAD, however we still have not broken the trend line. If the trend line is broken, there could be upside opportunities on this pair.

PeterHedger3

Looking at the possibility of a reversal on CADJPY. We still have to move up higher first. Something I will be watching.

PeterHedger3

I am looking at the possibility of a move lower on AUDNZD. Lets see if it plays out.

PeterHedger3

Here is an interesting level. I am looking to see if we break or reverse and go lower. Lets see.

PeterHedger3

DJIA US 30 is testing resistance on a lower time frame for the third time. If it is respected it could reverse and we could go lower. Please refer to the levels marked on the chart.

PeterHedger3

GBPUSD is currently at an area where I would expect to see a pause, If we reverse and go lower I expect it to happen around the current level. I am watching the horizontal level and if it breaks the diagonal trend line.

PeterHedger3

We are currently at an interesting level on NZDCAD. It can be traded either way. Depending on the price action I may take a position. Lets see what happens.

PeterHedger3

CHFJPY Looks like its in an overall downtrend on the bigger time frame. I think we could test the 110.900 resistance level. if we fail to break to the upside, it could be a shorting opportunity.

PeterHedger3

AUDUSD is at a level where we should expect to see a rise. If we do break down lower then I will be looking at the 0.63100 level. I have a long bias on AUDUSD.