GBP/USD kept the 1.2345 support level yesterday. I expect the correction in this currency pair. I would buy after the breakthrough and retest of the local resistance (1.2385). Potential movement - to 1.2425.

Short'n'longs

The Australian dollar significantly weakened against the US dollar (more than 250 items) over the past week. I will go short on AUD/USD. Currently the price has overcome the local support (0.7240). If the price makes retest of this level, I’ll sell. ...

Short'n'longs

EUR/USD is sold aggressively at the moment. I’m going to trade in the the current trend direction. I will look for an entry point to a short after breakthrough and retest of the local support level (1.0370). Potential movement - to 1.0325.

Short'n'longs

The Canadian dollar hit a strong resistance level (1.3400). The currency managed to maintain this level. I expect corrective movement on USD/CAD. I’ll look for an entry point to a short after the breakthrough and retest of the 1.3320 mark. Potential ...

Short'n'longs

The pound weakened significantly against the US dollar yesterday. There may be a correction on GBP/USD now. At the same time, the US dollar continues to make strong pressure. I’ll trade from key level. I highlighted: support - 1.2385 resistance ...

Short'n'longs

I’m going short on GBPUSD too. I highlighted 1.2515 local support level. I’ll sell GBPUSD after the price fixes below this mark. Potential movement - to 1.2450. P.S. The US dollar has strengthened. What do you think on when we can expect a technical ...

Short'n'longs

The US Federal Reserve raised its key interest rate to 0.50-0.75% yesterday. The regulator intends to raise rates x3 times during 2017. Demand for the dollar has grown considerably. I plan to look for entry points in the current trend direction on ...

Short'n'longs

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Currently 91% of the market players believe that the US central bank will raise rates. I usually don’t open any transaction during such days. Just watch the market, and trading will be continued only tomorrow. I wish you all good trades!

Trading Ideas for the Fed on Wednesday

There will be a long-awaited meeting of the US Federal Reserve. At 21.00 (GMT + 2: 00) some decision on key interest rate will be announced. Currently 91% of the market players believe that the US central bank will raise rates. I usually don’t open ...

Short'n'longs

I expect a correction USD/JPY in the currency pair within a few days. Entry points into the market will be looked at younger timeframes, after the breakthrough and retest of the local support levels. Potential movement - to 114.85.

Short'n'longs

The demand for the pound has grown significantly due to optimistic data on the consumer price index. In November, the figure has increased to 1.2%. I would buy GBP/USD after the breakthrough and retest of the 1.2720 level. Potential movement - to ...

Short'n'longs

The Canadian dollar continued to strengthen. I will look for entry points for opening short positions today. If the price will overcome and fix below 1.3185, I will sell. Potential movement - to 1.3150-1.3225

Short'n'longs

After yesterday's meeting of the ECB the Euro weakened against the US dollar significantly (more than 150 pips). I plan to open positions in the direction of the current trend at the moment (H1 time frame). I will sell after the breakthrough and ...

Short'n'longs

The ECB meeting will be held today. I won’t open any positions before some decision on the interest rate of the Central Bank will be made. For myself, I highlighted the key levels on EUR/USD: support - 1.0735, 1.0710 resistance - 1.0785 I’ll watch ...

Short'n'longs

GBP/USD restrained the 1.2560-1.2585 demand zone yesterday. Pound played most of the losses. I would buy after the breakthrough and retest of the1.2660 local resistance level. Potential movement - to 1.2735. The potential profit will be fixed by ...

Short'n'longs

I’m going to sell USD/CAD today. An entry point into the market should be looked for after the breakthrough and price fixing below 1.3275. Potential movement - to 1.3225.

Short'n'longs

The Aussie fell because of weak data on GDP during the Asian session. I plan to open a deal towards the current market trend (H1 time frame). I will sell after the breakthrough and retest of the 0.7420 support level. Potential movement - to 0.7390.

Short'n'longs

Aggressive buying was observed on EUR/USD yesterday. The currency has significantly grown. I plan open positions to the side of the current ascending trend on the H1 time frame. I would buy EUR/USD after overcoming the local resistance level ...

Short'n'longs

AUD/USD is currently trading near a "mirror" support level (0.7440). I would buy after the breakthrough and retest of the 0.7460 mark. Potential movement - to 0.7490.

Short'n'longs