Forex Technical Analysis 9S18
AUDUSD
Looks nice but not so nice on the long-term chart. PS: Placing buy-limit above the first green trendline but not sure at all. The second greenline looks much nicer and what about the blue trendlines... PS: So many trades this week so I canceled the order.
AUDNZD
Still pissed-off that I haven't bought this on 12/06/17.
AUDJPY
AUD has second highest interest rates and JPY one of the lowest. It steems like a good idea to buy AUD. The rounded bottom from long-term is supplementing my theory nicely. I am interested in buying bounces up from an 80ty territory. SO what I am doing with AUD is trying to catch the three times confirmed bounce up.
CADJPY
Placing buy-limit above green trendline. The price for buy and stop-loss looks nice.
EURCAD
Approaching greenline - placing sell limit.
EURUSD
Nice consolidation. I am going to wait for a bounce from 1.25.
GBPUSD
CZK is on the edge everywhere. I am still long USDCZK but...
NZDJPY
News coming this week
- AUD: Tue, Wed = Cash Rate, GDP q/q
- CAD: Wed = Overnight Rate
- JPY: Fri = BOJ Policy Rate
Questions
- Do you see any difference between Cash Rate, Overnight Rate and BOJ Policy Rate?
I do not 😳.
Risk disclosure: Not a trading advice.
Sources: tradingview.com, mind
AUD/usd , you could have put Buy Limit at the green line better since the price did retrace down to it and gone back up and will be Bullish for 1 week or more....Look at my chart of AUD/usd post I put up today.
I like your analysis because it's simple, that's what trading should be like.