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Jurgen Scheel

Afrique du Sud, Johannesburg

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male

mai 31

AUDUSD still bearish

JurgenS Publier 3 mar dans #Trader's blog

The AUDUSD loos like it has some more room to move lower. However, it bounced slightly as the week closed and the retraceent may extend to 0.78. I therefore think that a short at around 0.78 with a target in the region of 0.765 may be on the cards. It is the RBA next week so that is always a risk.

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EURUSD heading up

JurgenS Publier 2 mar dans #Trader's blog

Well the EURUSD looked like it was heading far lower until the Whitehouse announced possible tariff's for steel and aluminium imports. Immediately the USD came under pressure and the EUR made a strong rally on decent volume. It looks preety certain that 1.215 is now a floor in the market and that the pair will aim for the highs and above - probably around 1.27 in the course of the month or so.

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Cable bullish

JurgenS Publier 13 fév dans #Trader's blog

GBPUSD looks to have made a base around the 200MA on the 4H chart which comes in at around 1.348 - therefore it looks like a low is in place at 1.376. A target is the recent highs which gives a good risk reward for a long trade with a stop below the low and a target of the recent highs.

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