EURUSD: dominant uptrend looks like its going to continue, bad data from US economy is taking a hit on the Dollar, target is clear on 1.5000 while your first support should be on 1.4520 and second at 1.4350. The strategy should be long on this trade, remember to tight your stops.
AUDUSD: australian dollar is going sideways, main strategy should be a break on the resistance level of 1.0772 as long as it doesnt close under the EMA 8, a second strategy should be the break of the support level at 1.0580 and a target drop to 1.0437
EURJPY: the euro is going strong against the yen, a main strategy shoud be the break of the resistance level at 117.7 and target at 121.8 on the mid term.
Remember to set up your stops and remember "dont let your emotions fool you"
No comments:
Post a Comment