sam24's Blog

Avatar

EURUSD next week expectation

From 18.5 the pair has started a new bearish down trend ,but due to the weak NFP number , the pair has reversed from 1.11 ,but last week couldn't break above the 1.14 resistance and started to move back down.
The pair closed at 1.1253 with a slow down move.
Now the pair is in critical position ,where there is a strong possibility that the down trend will continue and it will try to break the 1.11 support ,and if broken a big drop would be expected .
So next week i would be looking to short this …
Die komplette Geschichte lesen
Übersetzen in Englische Sprache Zeige Original
oderum Kommentare zu hinterlassen
Avatar

GBPUSD

As i expected the pair has made a huge drop breaking the 1.4351 and touched the 1.4178 but closed Friday 1.4256.
So the pair moved about 200 pips down but reversed 100 pips due to high volatility.
Next week it would be tricky to trade the pair as brexit is coming closer and closer.
So i would be shorting this pair with tight stop loss and looking to buy it as soon as brexit is approaching and as soon as the pair shows the first sign of a strong bullish reverse .
Die komplette Geschichte lesen
Übersetzen in Englische Sprache Zeige Original
oderum Kommentare zu hinterlassen
Avatar

6/6 to 11/6 trading expectation

Big moves are expected next week due to last Friday shockingly dropped NFP number,which pointed to a troubled USA economy and will definitely change the market expectation of a June rise in the interest rate by the fed.
I would be interested to buy the EUR/USD next week ,but to determine the right time of entrance is crucial for a profitable trade,as temporal reverse is a possibility ,but in general this month with no market manipulation should be an up trend for all pairs against the dollar .
G…
Die komplette Geschichte lesen
Übersetzen in Englische Sprache Zeige Original
oderum Kommentare zu hinterlassen
Avatar

GBP/JPY

today the GBP/jpy was the star ,so at the morning it tried again to break the 171.35 resistance ,but again couldn't go through the 171.28 high,than dropped to 169.80 (about 150 pips),later the pair couldn't go through the 171 level .
So now i'm expecting the pair to drop down massively today and tomorrow ,and expecting it to try to break the 169.54 support than a rebound ,and it'll try to break it again ,and if this support break , it's the open of a huge drop as the 169.5 wasn't broken since Oc…
Die komplette Geschichte lesen
Übersetzen in Englische Sprache Zeige Original
oderum Kommentare zu hinterlassen