Anyone long from the hotspot, quids in 💥

manage trade

Key levels for today, 2347 and above that 2360 resistance, while support stands are 2335 which will need to break to go lower. Long trades should be protected and managed, anyone looking to short, levels are to be tested for the scalps only at the moment. NFP week so they may want to range up here until Friday, caution on the markets.

Yesterdays Redboxes done their job as usual. That bounce back up was from the hotspot we shared with you all into the hotspot above completing the move. Thanks for the 33 likes on the idea, really motivates us to share more with you all 🙏👍

Todays redboxes (Free)

Scalps only, it's too early to say whether it's going to move down from here and with NFP looming it's put a bit of a spanner in the works

For now we would say it's been a nice ride upside into the levels we wanted. Unless it's clean, we'll leave it at the trade up and the scalp down

As per yesterday's report the lower level held up price early session giving a small move upside, anyone long should protect and think about taking it easy today. US Holiday so we'll have thin volume later potentially, while NFP is tomorrow so we should also see some ranging and price attempting to draw the mean closer, or visit the mean lower down.

Resistance stands at 2365 which will need to break to go higher, while support is active at 2350. It's going to be a quiet day on the trading front which gives us a chance to look at the GBP pairs and FTSE in preparation for the elections and then USD pairs in prep for NFP tomorrow

We'll update again later in the session. Please have a look at the above, Camelot is open if you would like to join us and our fantastic community. Please also follow us on our social media channels.