Forwarded from Prestigious FX Analysis Channel (Jesse Borges)
USDCAD, DXY, GBPUSD, OIL & EURCAD trade ideas.
Overall I'm assuming we see further US weakness unless something drastically changes.
Of course, eyes on Oct 15th deadline for GBP & EUR pairs makes it harder to predict price.
Overall I'm assuming we see further US weakness unless something drastically changes.
Of course, eyes on Oct 15th deadline for GBP & EUR pairs makes it harder to predict price.
Forwarded from Prestigious FX Analysis Channel (Jesse Borges)
ForexLive
Brexit: EU's Barnier says not enough progress made yet to enter the tunnel
Further comments by EU chief Brexit negotiator, Michel Barnier
The headline remark is perhaps what is weighing slightly on the pound now as we see cable fall from 1.3050 to 1.3025 currently. The low today was at 1.3016 with yesterday's low at 1.3005 another…
The headline remark is perhaps what is weighing slightly on the pound now as we see cable fall from 1.3050 to 1.3025 currently. The low today was at 1.3016 with yesterday's low at 1.3005 another…
Forwarded from Prestigious FX Analysis Channel (Jesse Borges)
Gold trade from last night posted on my IG. This concept is fractal, meaning it works on ALL time frames. When we see price consolidating like so & see a fakeout or liquidity grab that comes right back into the range, we can assume price will go the opposite way. In this case, Gold pushed down past support and immediately came back in within the next 30 minutes (also why we wait for retests for avoid getting caught out). After that hint that buyers are resuming control, assuming the mornings move will be partially retraced (corrected) & a clean retest on the break of resistance, the rest of the move came easily.
Forwarded from Prestigious FX Analysis Channel (Jesse Borges)
Gold update - Bullish structure still maintained on daily with higher low, still using 1910 as main make or break. Can use 1897 support rejection as a risky buy with 1910 a major take profit level.
GBPJPY update - I believe the spike downward to be a liquidity grab as on the daily we still maintained bullish structure. Buy entries would be at 137.300 with same targets as breakdown. I strongly suggest being very careful with GJ as we approach the trade deadline.
Waiting for further price development on Oil. If you took the buy it ended up running right through the golden ratio, however we’ve sold off at this current high before so would like to see either a clear rejection or sign of continuation.
Everything else still following so far!
GBPJPY update - I believe the spike downward to be a liquidity grab as on the daily we still maintained bullish structure. Buy entries would be at 137.300 with same targets as breakdown. I strongly suggest being very careful with GJ as we approach the trade deadline.
Waiting for further price development on Oil. If you took the buy it ended up running right through the golden ratio, however we’ve sold off at this current high before so would like to see either a clear rejection or sign of continuation.
Everything else still following so far!
Forwarded from Prestigious FX Analysis Channel (Jesse Borges)
EURAUD & USDCAD gave perfect daily closures, anticipate during market off time we see some consolidation & creation of new daily candle upper wicks before flipping bearish in Asia/London, be patient!
GBPJPY after failing to make a deal before the deadline with the EU, should see GBP weakness for the foreseeable future until talks resume
GBPJPY after failing to make a deal before the deadline with the EU, should see GBP weakness for the foreseeable future until talks resume
Forwarded from Prestigious FX Analysis Channel (Jesse Borges)
EURUSD trade idea, technicals line up nicely, DXY showed USD strength all day & of course, failure to make a trade agreement on deadline day will effect EU negatively
We have EUR yearly CPI at 5 am so risk accordingly!
We have EUR yearly CPI at 5 am so risk accordingly!
Forwarded from Prestigious FX Analysis Channel (Jesse Borges)
Media is too big
VIEW IN TELEGRAM
EURGBP breakdown
Forwarded from Prestigious FX Analysis Channel (Jesse Borges)
Ran for ten pips, failed to break the last lows and went for our stop. You win some, you lose some 🤷🏻♂️
USD retail sales in an hour, if data is poor we should start to see a reaction in Usdcad, I’ll personally be waiting until next week to enter
USD retail sales in an hour, if data is poor we should start to see a reaction in Usdcad, I’ll personally be waiting until next week to enter
Forwarded from 👑EasyfastprofitableVIP👑
BUY CADJPY (@ 78.53)
Take profit 1 at 78.73
Take profit 2 at 79.03
Take profit 3 at 79.53
Stop loss at 77.50
Take profit 1 at 78.73
Take profit 2 at 79.03
Take profit 3 at 79.53
Stop loss at 77.50
Forwarded from 👑EasyfastprofitableVIP👑
SELL NZDCHF (@ 0.6340)
Take profit 1 at 0.6320
Take profit 2 at 0.6290
Take profit 3 at 0.6240
Stop loss at 0.6440
Take profit 1 at 0.6320
Take profit 2 at 0.6290
Take profit 3 at 0.6240
Stop loss at 0.6440
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