Thread: Discuss all about FX open

EU is still in the down trend, my short trades still in hands

I would like to short EU, the SHORT positions below 1.354 with targets @ 1.3455 & 1.341.

I short USDCAD at 1.0450, got 20 pips now:D

closed the short trades on UC, seems it is still going up for more

the short trades on UC closed too earlier :D

Yesterday's break through 1.3442 signals a renewal of the downtrend and the outlook is bearish, for a slide towards 1.3290. Initial resistance is projected at 1.3450 and crucial on the upside is 1.3547 high.

I made some short trades on EU, at 1.3390 area

Yesterday's high at 1.3415 could be the final of the consolidation pattern above 1.3295 and my intraday outlook here is bearish, for a slide towards 1.3290. A break through the latter will unleash a sell-off for 1.3090 major hurdle. Major resistance on the upside is projected at 1.3450.

Still in the consolidation pattern above 1.3295 low and until 1.3450 major resistance is intact, the outlook will be negative, for a renewal of the downtrend. The intraday bias is positive, supported at 1.3415, with a crucial level at 1.3357.

USD is going to be stronger, we should short EU at higher positions