Daily Analysis

Note: Daily Analysis is now posted in Trades And Analysis

Eurusd

Eurusd has been struggling to push above 1.3200, everytime price makes a new high above 3200, it tumbles, now we are above 3200 again, and the bulls are not showing progress. We are still long the pair, but if it drops below our minor support, we will close the long and go short. If it breaks above yesterdays high, we keep holding, but we cancel our short orders

Usdchf

Same analysis as eurusd, but in reverse…

Eurjpy

Minor support at 107.25, if it breaks, we look for a pullback to go short, with targets set at mondays lows. We are still long this pair from last week, if the minor support holds,  price will break above yesterdays high, we have our 2nd target at 107.65, long from 107.00

Euraud

We have support zone at 2740, if it breaks, we will wait for a pullback to go short. Price seem to be pressing on support, we have a sell order at 2730, but if price breaks the minor resistance at 2760, we will have to cancel to short order.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: