GBPAUD has been very bearish on the day down by >1%. A double top is closing in with the price approaching support. Entry in support at 1.7695. SL - 1.7735 | TP - OPEN
EURUSD broke below support zone and failed to retake on retest and we are now seeing confirmation. Short positions with targets at 1.2070 and Sl - 1.2105
AUDUSD broke above resistance on the recent breakout. Waiting on confirmation of the breakout to enter long positions. Current supported within Fib golden zone.
Awaiting GBPUSD to come into golden zone and find support before placing short term long position.
The Aussie has been a greated preformer for us this week. Waiting for support from the breakout and then a continuation higher TP1 - 0.7495 | TP2 - 0.7505
Long EURUSD on pennant breakout. Target is resistance zone at 1.2170
A continuation of yesterday's AUDUSD long idea. Back to the golden zone area where our longs were placed yesterday, we wait for support and confirmation to be met within the golden zone once again. Target will be the recent resistance zone at 0.7445. If the resistance is broken, further longs on the support of the previous resistance will be placed.
Expecting Euro to lose some steam and decline to support zone before continuing the bull run. Entry @1.2135 | TP - 1.2170 | SL - 1.2120
AUDUSD saw some profit taking earlier in the session and is now looking like a long position with potential - SL -0.7370
Short position was taken at 138.80 as a breakout of the daily trend and heading towards the bottom of the triangle of the weekly chart.
long positions eyed at 1.3505 ones the initial rally retraces and the support is retested. SL 1.3590 | TP - 1.3540
Going long again after touch recent support. Target 1.2170
NZDUSD is currently oversold and nearing the bottom of its channel. Expecting the kiwi to pick up with further optimism in global markets.
We went Long EURUSD @1.2138 following the support found within the fib golden zone once again, currently up by 20 pips.
USDCAD Sell Limit @1.2920 | TP - 1.2880 | SL - 1.2950
EURSUD hit a fresh 32-month high above 1.21. At the moment we are seeing the market be in overbought territory, and awaiting a retracement towards the Fibonacci golden zone, being between 38.2% - 61.8%. Once support has been met in this zone, long position will be placed. TP - 1.2180 SL - 1.2070
Resistance has been hit and a retracement towards the golden zone should occur
Gold just hit strong resistance. Expecting to continue in a downward trend targeting $1750