danarm
Experienced member
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Good morning team
I trust you are all well.
No change by the Fed last night. As explained from yesterday I was looking for a long in USDJPY (Avg 96.90, banked 50% at WP at 97.80, Stop at 96.90) and CABLE (Avg 1.4693, banked 50% at 1.4785, Stop at 1.4725 below DP)
CABLE
• Looking for GBP to hold above DP and 60min 20ma.
• 1.4782 is offering 1st line of support for the last hour.
• 1.4870 (MR1) is major resistance and looking for this to break over the next 24 hours.
• Looking for support before a long again.
EURUSD
• Looks heavy up here.
• Heavy resistance at 1.3338.
• Look for tight short play with stop above 45.
Sorry a bit rushed today…Will explain more in the room.
Verdict
• Looking for short EURUSD
I trust you are all well.
No change by the Fed last night. As explained from yesterday I was looking for a long in USDJPY (Avg 96.90, banked 50% at WP at 97.80, Stop at 96.90) and CABLE (Avg 1.4693, banked 50% at 1.4785, Stop at 1.4725 below DP)
CABLE
• Looking for GBP to hold above DP and 60min 20ma.
• 1.4782 is offering 1st line of support for the last hour.
• 1.4870 (MR1) is major resistance and looking for this to break over the next 24 hours.
• Looking for support before a long again.
EURUSD
• Looks heavy up here.
• Heavy resistance at 1.3338.
• Look for tight short play with stop above 45.
Sorry a bit rushed today…Will explain more in the room.
Verdict
• Looking for short EURUSD