rcedwards1877

rcedwards1877

FX:AUDJPY Audjpy hit a 78.6 resistance and completed an E wave sell opportunities on break of green trendline

rcedwards1877

FX:EURCAD

rcedwards1877

FX:EURJPY

rcedwards1877

FX:XAUUSD

rcedwards1877

FX:GBPJPY LOOK FOR consolidation below the green trend line and a retest of green trend line to sell

rcedwards1877

FX:CADCHF

rcedwards1877

FX:AUDNZD

rcedwards1877

FX:GBPAUD

rcedwards1877 Updated 

ICEUSA:DX1! DOLLAR made a daily close under 1200 which held as resistance. Look for sell trades to on dollar pairs on a break of the trend line

rcedwards1877

FX:GBPCHF

rcedwards1877

FX:CADCHF

rcedwards1877

FX:XAUUSD

rcedwards1877

FX:USDJPY

rcedwards1877

FX:GBPUSD GBPUSD Rallied on Fed decision to reduce expected rate hike from 4 in 2016 to the possibility of 2 rate hike. Short-term dollar weakness. GBPUSD TARGET @ 1.4670

rcedwards1877

RISK REWARD MANAGEMENT

rcedwards1877

The RBNZ had a recent rate cut with more to come. ECB President recently extended the Stimulous which should further weaken the Euro however with the deflated expectation of the FED on a dollar hike to tighten. The euro would see a short term rally and become a funding currency in the short term. in short this means eruo strengh FX:EURNZD