My Analysis
Trade Idea: AUD/USD – Buy at 0.8860
By actionfx
Trade Idea: AUD/USD – 0.8988
Recent wave: Wave v of wave (v) possibly ended at 0.9407
Trend: Sideways
Original strategy : Buy at 0.8835, Target: 0.8990, Stop: 0.8760
New strategy :
Buy at 0.8860, Target: 0.9000, Stop: 0.8795
Although aussie has risen again after yesterday’s retreat, loss of near term upward momentum should prevent sharp rise beyond 0.9055 [...]
Trade Idea: GBP/USD – Buy At 1.5975
By actionfx
GBP/USD – 1.6094
Most recent candlesticks pattern : N/A
Trend : Near term down
Tenkan-Sen level : 1.6111
Kijun-Sen level : 1.6035
Ichimoku cloud top : 1.6167
Ichimoku cloud bottom : 1.5973
New strategy
Buy at 1.5975, Target: 1.6150, Stop: 1.5910
Although the British pound retreated in tandem with euro, last week’s strong rebound from 1.5832 to 1.6236 signals a temporary low has been formed at 1.5832 and whilst further weakness to [...]
