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DAILY FOREX IDEAS

Morning update

Good morning traders, here's what happened through the night in some of the major pairs. USDCAD pushed off 1.3370 (38.2% on March 19). Resumes the upward trend AUDUSD pushed away…

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AUDUSD Long?

Good morning traders.Here is an interesting situation in the AUDUSD, as we can see the price is approaching a daily barrier (series of tops) within the 0.7092-98 levels. If it…

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AUDCHF Short

As I said in my yesterdays analysis on this pair, it formed a Rising Wedge which was later broken and then the lower line was retested just to confirm that…

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GBPUSD Daily View

After yesterday's clean breakout of 1.3107 level the cable indicated that it is in C wave mode (impulse move) which targets 1.3350 and then 1.3410.So it wouldn't be wise to…

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AUDUSD Long

Hi guys, here is an interesting short term/daily trade in the AUDUSD.Looks like it is forming an inverted head & shoulders pattern. This will be validated if the price breaks…

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