Tuesday, July 25, 2017

Crosses Intra Day Trade

The below are the trades I am looking at today. The 2nd table shows the status of the last day trades.

Dollar Index


CMP
93.92


Risk Reward ratio
Bearish weekly close, can take USD lower to 92

EURUSD


CMP
1.1652



Increased momentum could warrant correction to 1.1585
Supports
1.14
1.1527
1.1581




Resistances
1.1775
1.1796
1.1654
1.1685



SELL
EURUSD
1.1674
Stop
1.1706
TP at
1.1616
1.8
Buy
EURUSD
1.1586
Stop at
1.1554
TP at
1.1644
1.8

GBPUSD


CMP
1.3026



Weekly upward trend has lost momentum
Supports
1.2856
1.3
1.289
1.2966


Resistances
1.3233
1.313





Buy
GBPUSD
1.2976
Stop at
1.2944
TP at
1.3026
1.6
SELL
GBPUSD
1.3054
Stop
1.3081
TP at
1.3006
1.8

USDJPY


CMP
111



Downtrend. Looking for 24% retracement to initiate fresh shorts
Supports
109.61






Resistances
111.81
111.65
111.23
111.41
112.02


SELL
USDJPY
111.44
Stop
111.86
TP at
110.46
2.3

AUDUSD


CMP
0.7941



Daily charts showing reversal
Supports
0.768
0.7829
0.7786
0.7886



Resistances
0.8008
0.7932
0.7992




SELL
AUDUSD
0.7964
Stop
0.7996
TP at
0.7916
1.5

Dollar Index


CMP
93.86


Risk Reward ratio
Trade Remarks
PNL (pips)
Bearish weekly close, can take USD lower to 92





EURUSD


CMP
1.167





Increased momentum could warrant correction to 1.1580


Supports
1.14
1.1527
1.1651
1.1581





Resistances
1.1796
1.1764







Buy
EURUSD
1.1656
Stop at
1.1634
TP at
1.1704
2.2
SL hit
-22.0
Buy
EURUSD
1.1586
Stop at
1.1564
TP at
1.1644
2.6
NA




GBPUSD


CMP
1.3024





Weekly upward trend has lost momentum


Supports
1.2856
1.2888
1.2985




Resistances
1.3233
1.3127
1.3028






Buy
GBPUSD
1.2986
Stop at
1.2964
TP at
1.3026
1.8
Tp
30.0
SELL
GBPUSD
1.3044
Stop
1.3066
TP at
1.2986
2.6
Tp
20.0



USDJPY


CMP
111





Downtrend. Looking for 24% retracement to initiate fresh shorts


Supports
109.61








Resistances
111.81
111.65
111.23
111.41





SELL
USDJPY
111.44
Stop
111.86
TP at
110.46
2.3
NA




AUDUSD


CMP
0.7923





Daily charts showing reversal


Supports
0.768
0.781
0.7786
0.7886





Resistances
0.8008
0.7932







SELL
AUDUSD
0.7944
Stop
0.7966
TP at
0.7886
2.6
SL
-22

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