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GERMAN COALITION TALKS FAIL

Avnish26 Posted 20 Nov.  in #Trader's blog
GOOD EVENING ALL!!
I was watching EUR/USD whole day as I was uncertain how EUR/USD will react to the failure of coalition talks in Germany which may cause political uncertainty for a while and elections for a second time next year in Germany.
In the european session EUR/USD had gained almost 70 pips but the day progressed it had erased all its gains and now it is near to the day's lowest level. On the daily chart formation says if it breaks the today's low it might touch again its latest low of …
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EUR/USD

Avnish26 Posted 19 Nov.  in #Trader's blog
GOOD EVENING ALL!!
This week I will focus on EUR/USD as last week published GDP data of Germany and Italy were quite high as per expectations so we have seen nearly 300 pips growth in EUR/USD from the low of 1.156 level. This week whole Euro zones GDP will be published and hopefully it will be near to expectations and if it come true then we might see EUR/USD crossing its latest high of 1.86. So I will keep watch on EUR/USD and will try to enter into long position as I get it on my desired level…
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USD/CAD

Avnish26 Posted 17 Nov.  in #Trader's blog
GOOD EVENING ALL!!
Today's published Consumer Price Index of Canada is as per the expectations but it is well below target of Central Bank Of Canada thats why we have seen USD/CAD is at 10 days high that means lower CAD. Next resistance for the USD/CAD stands at 1.28198 and hopefully it will cross as it is already trading higher at 1.28. I will keep watch on the pair on Monday and after correction and consolidation I will enter into long trade.
Wish you all Happy Weekend
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EUR/AUD

Avnish26 Posted 16 Nov.  in #Trader's blog
GOOD EVENING ALL!!
I have placed a buy order in EUR/AUD as I saw it is consolidating for longer time and it can rise after that as it is in uptrend. Its uptrend was quite strong and much growth has happened so some correction was expected and now it is holding on in the range from yesterday. So probably it will rise.
I have attached here hourly chart for the reference.
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GBP/USD

Avnish26 Posted 14 Nov.  in #Trader's blog
Hello frineds,
I have opened a long position in GBP/USD as I found consolidation and stabilisation on hourly chart. Below I have given hourly chart which shows my entry point.
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AUD/USD AND NZD/USD

Avnish26 Posted 10 Nov.  in #Trader's blog
Hi all,
I have placed a buy order to open a long position in AUD/USD and NZD/USD as I have found USD getting weaker again so these two pair may rise.
Below I have given screen shots of my orders.
Hourly chart of AUD/USD
Hourly chart of NZD/USD.
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GBP/USD

Avnish26 Posted 8 Nov.  in #Trader's blog
GOOD EVENING ALL !!
Today GBP got weaker against all currencies reason I don't know exactly but I am opening a long position in GBP/USD as I saw USD also getting weaker against other counterparts.
Here I am giving hourly chart which shows my orders.
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