Thursday, July 27, 2017

Crosses Intra day trades

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

Dollar Index


CMP
93.3


Risk Reward ratio
Strong weekly downward trend. Strong support zone is 91.8-92.2.

EURUSD


CMP
1.1743



Strong weekly uptrend.  200 week resistance at 1.18
Supports
1.1605
1.1694
1.1662




Resistances
1.18






SELL
EURUSD
1.1824
Stop
1.1866
TP at
1.1726
2.3
Buy
EURUSD
1.1696
Stop at
1.1664
TP at
1.1764
2.1

GBPUSD


CMP
1.314



Weekly upward trend has lost momentum
Supports
1.2872




Resistances
1.3233
1.3043
1.3077
1.3056



Buy
GBPUSD
1.3081
Stop at
1.3039
TP at
1.3154
1.7

USDJPY


CMP
111



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






Resistances
112.18
111.65
111.81
111.23
111.7
111.39

SELL
USDJPY
111.34
Stop
111.76
TP at
110.26
2.6

AUDUSD


CMP
0.8052



Uptrend. Critical levels broken, weekly close above 0.80 will propel the pair to 0.83
Supports
0.7725
0.7925
0.8009
0.797



Resistances
0.8268






Buy
AUDUSD
0.8026
Stop
0.7956
TP at
0.8144
1.7



Dollar Index


CMP
93.92


Risk Reward ratio
Trade Remarks
PNL
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
SL
-32.0
Buy
EURUSD
1.1586
Stop at
1.1554
TP at
1.1644
1.8
NA




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
NA

SELL
GBPUSD
1.3054
Stop
1.3081
TP at
1.3006
1.8
SL
-27.0



USDJPY


CMP
111





Downtrend. Looking for 24% retracement to initiate fresh shorts


Supports
109.61








Resistances
111.81
111.65
111.23
111.41
112.02




SELL
USDJPY
111.44
Stop
111.86
TP at
110.46
2.3
SL
-42.0



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
SL
-30


No comments:

Post a Comment