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The EUR/USD seems to be trading at support (1.24050 ) on the 15m chart. Support tested three times, Buy @ 1.24050 and use a time based stop loss of around 6 hours. Any thoughts?
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NZD/USD Possible correction within a 7 hr Window
Possible trading opportunity based on the basic fundamental buy low and sell high. The NZD/USD has had major movement in the last 4 hours. On the theory that this Instrument is over sold a position to sell @ 0.7300 with your stop @ 0.7335 and take profit 0.7270 may prove to be beneficial. Only a theory, please do your research. Any thoughts?
EUR/USD Ranging ?
It appears that the EUR/USD is in the early stages of becoming a ranging Market with support tested twice on the daily chart @ 1.22000 and 1.25000. Buy low, sell high. Please consider the release of the USD ISM Non-Manufacturing/Services Composite to be released in the next few hours. Happy Trading
Short Opportunity CAP/JPY
On the daily Chart CADJPY is hovering near 70 on the 10 period relative Index(RSI) suggesting that the pair may be over bought, this may pave the way for a correction as it is currently trading trading near major resistance at 89.83. Please see the chart below for your reference. Any feedback or ideas are welcome.
Daily Correlations for EUR/USD
Hello fellow Traders
Correlations ranges between -100% to +100% I have highlighted majors with correlation rates above 80% and also included their daily trends below
I am currently Looking to short the Euro @ 1.15934
Good Luck and Good Trading
Correlations ranges between -100% to +100% I have highlighted majors with correlation rates above 80% and also included their daily trends below
I am currently Looking to short the Euro @ 1.15934
Good Luck and Good Trading