FXWW News/Others/Trade Ideas

Not seeing any obvious trades at moment except perhaps USD/CHF

  • USD/CHF: 2-hour chart showing a possible double bottom set-up, favouring longs with tight stop below .9210 (ok, I’m convinced, I’m in 🙂 )
  • AUD/USD took out minor resistance at .9490 but the down-trend is very dominant here. I prefer to buy any big dips but cannot see anything here on an intraday basis to excite me.
  • USD/JPY is edging higher after yesterday’s big fall and I’m in sell-rally camp here but again cannot see any good-value trades at present.
  • EUR/USD: Fuhget about it 🙂

 

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