EUR/USD LEVELS
PP & 4h/daily s/r @ 1.0775
R1& 4h/daily s/r & 100EMA @ 1.0800 - 1.0810
R2 & weekly s/r @ 1.0860-1.0876
4h/daily s/r @ 1.0740
4h/daily s/r & S1 @ 1.0720-1.0725
weekly s/r @ 1.0685-1.0700
USD/JPY levels
R2 & 4h/daily s/r 111.60-111.75
R1 & 4H/daily s/r @ 111.35
PP & 100 EMA & daily 200 EMA@ 111 - 111.20
S1 & 4H/Daily S/R @ 110.60-110.75
S2 @ 110.40
we got in with a quick scalping with EUR/USD and use 5 mins to trail, got out at previous support with small win.
we got in USD/JPY and now reached important level of 112.35 for this scalping.
we’re chaining to 5 mins to monitor with trend breakout to have an early exit.
we broke down the and closed below the 5 mins trend line. Meanwhile, the european equities have turned mixed and it does seem that 111.35 area has been quiet strong.
Remember there are still U.S gap to come later so better be safe and grab few pips for this trade.
- USD continued to gain strength throughout the day with new negative sentiment into EUR and JPY. We think USD has gone passed the previous negative sentiment of the healthcare bill, and yesterday the CB consumer confidence, the Article of 50 and today the GDP and unemployment claims are also expected to be positive. JPY has suffered from the relatively positive sentiment and EUR was down due to yesterday’s ECB rumour.
- The catalyst was the ECB rumours and the positive datas of USD.
- The current sentiment is mixed in European equities but things are relatively quiet.
- The game plan is to long USD/JPY & short EUR/USD at reracement levels with important key levels.
- The risk is the large swing if the sentiment shifts, so make sure to get in at good levels
- yes
EUR/USD LEVELS
PP & 4h/daily s/r @ 1.0775
R1& 4h/daily s/r & 100EMA @ 1.0800 - 1.0810
R2 & weekly s/r @ 1.0860-1.0876
4h/daily s/r @ 1.0740
4h/daily s/r & S1 @ 1.0720-1.0725
weekly s/r @ 1.0685-1.0700
USD/JPY levels
R2 & 4h/daily s/r 111.60-111.75
R1 & 4H/daily s/r @ 111.35
PP & 100 EMA & daily 200 EMA@ 111 - 111.20
S1 & 4H/Daily S/R @ 110.60-110.75
S2 @ 110.40
we got in with a quick scalping with EUR/USD and use 5 mins to trail, got out at previous support with small win.
we got in USD/JPY and now reached important level of 112.35 for this scalping.
we’re chaining to 5 mins to monitor with trend breakout to have an early exit.
we broke down the and closed below the 5 mins trend line. Meanwhile, the european equities have turned mixed and it does seem that 111.35 area has been quiet strong.
Remember there are still U.S gap to come later so better be safe and grab few pips for this trade.