Related Posts

Obama administration does not plan to seek additional resources for the IMF

Good Morning, – No further followth rough on the FX risk side, besides the squeeze higher in USDJPY and EURJPY (81.43 + 106.89), on the strong stock markets. AUDUSD for example traded in Asia in a 1.0389-1.0416 or EURUSD 1.3109-1.3142 range. Interesting cross-border M&A flow was also announced/talked about overnight – see bottom of mail. […]

Intraday Analysis For Tuesday on Forex Major Pairs

EURUSD continues the upside sideways move while it is currently consolidating. It retraced at 50% Fibonacci level and next intraday resistance can be 61.8% Fibonacci level. We have noted a gray area on RSI (5) which proves the short-term uptrend. RSI is moving between 40 and 70 levels. EURUSD H1 GBPUSD almost reached ABCD target […]

CADJPY Daily Trading Plan

This analysis may give two potential trading setups by providing entries as well as exits. We keep it really simple and straightforward. Always review your own analysis, if there is a confluence between this and your own strategy, then you may have even better trading setups. On the chart, two levels indicate the BUY (green) […]