EUR/USD
Comment: Struggling with interim resistance at 1.3325 and likely to hold below here again today. Some time next week we favor another squeeze up to the bottom of a horizontal cloud 1.3225.
Strategy: Buy at1.3100/1.3075, stop blew 1.2850. Add to longs above 1.3325 for short terms.
GBP/USD
Comment: Hovering at the lower edge of the downward-sloping wedge formation and likely to do so again today. A weekly close above 1.4280 is the minimum needed to hint that we have formed an interim low.
Strategy: Buy at 1.4085, adding to 1.4000, stop well below 1.3893. Add to longs on a sustained break above 1.4260.
USD/JPY
Comment: Rallying to the lower edge of a very large cloud and the 26-day moving average and likely to hold below here tody, consolidating at these slightly higher levels.Strategy: Trade the range between 89.75 and 91.25.
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment