I have been short on EURAUD for the last a few weeks, Here is another nice set up on a shorter TF
Friends as you know I am Long on AUDUSD but this one is on D1. Thanks,
I am reversing my positions on CAD and banked the profit on CAD trades. Thanks
EUR on average has been struggling a lot for the last two weeks to go higher and it seems on a shorter TF it is breaking the support however I am not very convinced with YEN gaining yet as stocks should fall first at least find some resistance. Trades on shorter TF will be provided as soon as it starts the bearish move.
Morning friends, Based on the weighted average analysis, today I think YEN and CHF will be weaker than others and AUD will be rising as discussed over the weekend. CAD currently is below the resistance although it is bullish and NZD has some room to go lower to loose all overnight profit. EUR is bearish and GBP is trading below key resistance.
I already had 2 and now going for the 3rd. Also see the previous EURUSD calls on the chart...
As you know I have been short on EURAUD for a long time. I am going to add as AUD and NZD seems to go higher Here are the last two calls on EURAUD. CLICK and PLAY This time I am target 23.6% retracement.
Morning friends, in 2017 I posted the idea below. Obviously I was wrong with the direction of the move but notice that every 101 months NZDUSD reverses and right now we are in month 102 and first day of the week! Click and Play
Friends, I hope you had a great trading week. Some of the currencies did not move much last week. For example YEN (-0.22%), CHF (+0.3%), GBP(+0.24%) and EUR (+0.15). That means if you traded these currencies most likely you closed your trade too early as you believed your trades not moving in the direction predicted but the fact is that they did not move at all...
Friends, I hope you had a great trading week. Some of the currencies did not move much last week. For example YEN (-0.22%), CHF (+0.3%), GBP(+0.24%) and EUR (+0.15). That means if you traded these currencies most likely you closed your trade too early as you believed your trades not moving in the direction predicted but the fact is that they did not move at all...
As you know this pair alongside other CHF crosses highlighted over the weekend as pairs with great potential trading opportunities.
USDJPY seems to find more Sellers coming to the market.