Posts

Showing posts from September, 2017

Komentar Trading untuk tanggal 4 sampai 8 september 2017

Image
. EURUSD – Euro/dollar uptrend intact as price pulls back The EURUSD began retracing lower last week following its latest swing higher within the overall uptrend that has been in place now for months. As we have discussed in recent weeks, we are still looking to buy this pair on weakness as it retraces lower to support / value areas. This week, we are watching support down near 1.1660 as the primary buy-area – we will be watching for strong 4 hour or daily chart price action signals to get long (buy) as price approaches that level. We remain bullish above 1.1450 – 1.1300 key support zone and stay tuned to our daily members market commentaries for further updates on the EURUSD this week as the price action plays out. AUDUSD – Looking to buy Aussie/dollar on a pull back The AUDUSD has consolidated and moved slightly higher over the last two weeks, following the bullish pin bar we saw three weeks back showing rejection of key support near 0.7800 which was also the previous resi