Friday , September 20 2024

Forex Trades

Forex Trades is designed for you to trade Forex and increase your profits, for both the novice and advanced traders. Trading strategies, Forex signals, and full analysis ot the financial market.

Sell GBPUSD @1.6470

Sell GBP/USD below 1.6450 with targets @ 1.6300 & 1.6250 in extension. Stop Loss: A 4 hours close above 1.6500.



Stop Loss: A 4 hours close above 1.6500.


Conviction: The GBP is approaching the resistance level and remains below 1.6500. Fundamental news.

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Holding Sell EURUSD @1.3505 Targeting 1.3400 & 1.3330

Sell Euro against USD pair at 1.3505, The first Take Profit Level will be set at 1.3440 & 1.3400 as a second Take Profit in extension

Stop Loss: A close above 1.3560

Conviction: The pair is approaching the third test of last week's high at 1.3510, CCI is in the over bought level already, RSI is becoming weaker as it is facing falling trend line on the 1 day RSI diagram. Fundamental Analysis suggesting EU weakness.

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First Take Profit Achieved. Holding Short EURUSD @ 1.3810

After achieving the first profit target, and after the update from the FOMC, the preference will be staying short from 1.3810, targeting 1.3700

Stop Loss: A close above 1.3850

Conviction: Fundamental Analysis (FOMC). Testing previous high at 1.3830, CCI still holding over bought level while RSI is turning on falling trend line. Divergence between the price and RSI as well

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Sell AUDUSD @ 0.9485

Pivot: 0.9500 Preference: Sell AUDUSD positions at 0.9485 with targets @ 0.9450 & 0.9400 in extension. Stop Loss: A close above 0.9520 with probability to extend to recent highs Conviction:  …

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Short EURUSD @ 1.3810

Short positions at 1.3810, with targets @ 1.3750 & 1.3600 in extension


Stop Loss: A close above 1.3850

Conviction: Testing previous high at 1.3830, CCI still holding over bought levels while RSI is turning on falling trend line. Divergence between the price and RSI as well.

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