AUD,NZD/EUR crosses/FXWW News/GBP crosses/JPY crosses/Technical Analysis/Trade Ideas

Intraday trading range expectations

  • AUD/JPY is usually one of the more active pairs and I’d expect further consolidation of recent bull move broadly between 90.90/91.60 (see chart);
  • EUR/GBP should gravitate towards barrier protection at .8400;
  • Cable buy orders reportedly solid 1.5565/70 but will struggle to break above 1.5620 in Asia;
  • USD/JPY bulls might be a bit disappointed by the lack of follow through above 100.00, looking for 99.70/100.40 consolidation;
  • EUR/USD should find support at 1.3100 and a quiet session is likely with 1.3140/45 likely to cap.
  1. Morning Sean! What would I do without you Sean, i had no sense of how to trade today, or at least was scared to start for today, I read your article the moment you posted it and took a short based on you interday opinion of 100.4-99.7 range. I figured it wouldnt go up right now, hence the short positon, and guess what, just closed my position and im 30 pips richer!!! Thank you for all your efforts posting everyday,really helps!

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