TRADE IDEA: Major Currency Pairs to Watch Out For This Week

TRADE IDEA: Major Currency Pairs to Watch Out For This Week

2022-11-15 • Atualizado

UsDollarDaily-1411.png

It is general knowledge that the Major currency pairs are pairs that have the US Dollar as either the base or quote currency. As a result, our trade ideas for major pairs will begin first with an analytical review of the US Dollar chart.

As you can see from the chart above, the US Dollar on the Daily timeframe has broken below the 100-Day Moving Average and is expected to reach the 200-Day average as its next target. We also observe the presence of a solid drop-base-rally demand zone resting within the region of the MA. This implies that we can expect a temporary weakness in the Dollar until price reaches the expected area of interest. With the incoming release of the PPI and Empire State Manufacturing Index on Tuesday, I personally will be expecting the figures to favour the Dollar.

EURUSD

EURUSDDaily-1411.png

The Daily timeframe on EURUSD presents a clear selling opportunity from the retest of the 200-Day Moving Average as well as the drop-base-drop supply zone occurring within the range. It is also noteworthy that we have seen a tentative grab of liquidity right before price taps into our area of interest.

GBPUSD

GBPUSDDaily-1411.png

This week I am expecting GBPUSD to continue its downward trend from the 200-Day moving average. Price will most likely tap into the drop-base-drop supply zone after taking out liquidity from the high marked by the arrowed line. The PPI figures should contribute some volatility to help this play out smoothly. 

USDJPY

USDJPYDaily-1411.png

USDJPY broke below the 100-Day Moving Average and created a divergence. This signifies an impending change of direction which will likely commence from the rally-base-rally demand zone marked by the hollow rectangle. The bias is bullish for the time being once the reaction from the demand zone has been confirmed.

AUDUSD

AUDUSDDaily-1411.png

Even though price is currently trading at the 100-Day moving average, the momentum suggests a likely break above the MA in order to create a divergence and also give room for price to recover the imbalance between the 76.4% and 88.2% of the Fibonacci retracement. Once this move has been completed, I will be looking for opportunities to short the market.

USDCAD

USDCADDaily-1411.png

My expectation from USDCAD can easily be interpreted from the arrow directions. To break it down, however, I am anticipating a sleek drop in prices to the 1.30300 regions for a solid rejection from the drop-base-rally demand zone, and the 200-Day Moving Average confluence.

CONCLUSION

It is important to understand that the trading of CFDs comes at a risk; if not properly managed, you may lose all of your trading capital. To avoid costly mistakes while you look to trade these opportunities, be sure to do your own due diligence and manage your risk appropriately.

Log into your dashboard or create an account here to get started.

Semelhante

Últimas notícias

As expectativas dos mercados giram em torno do PCE dos EUA
As expectativas dos mercados giram em torno do PCE dos EUA

Todas as atenções estarão nos preços básicos do PCE (núcleo) dos EUA, que excluem alimentos e energia para o mês de março, com a expectativa de que os números venham abaixo do mês anterior, que registraram um aumento de 0,4%

Deposite com sistemas de pagamento locais

Aviso de coleta de dados

A FBS mantém registros de seus dados para operar este site. Ao pressionar o botão “Aceitar“, você concorda com nossa Política de Privacidade.

Ligue de volta

 1
 93
 355
 213
 1684
 376
 244
 1264
 672
 1268
 54
 374
 297
 61
 43
 994
 1242
 973
 880
 1246
 375
 32
 501
 229
 1441
 975
 591
 387
 267
 55
 246
 673
 359
 226
 257
 855
 237
 1
 238
 1345
 236
 235
 56
 86
 61
 61
 57
 269
 242
 243
 682
 506
 225
 385
 53
 357
 420
 45
 253
 1767
 1809
 593
 20
 503
 240
 291
 372
 251
 500
 298
 679
 358
 33
 594
 689
 241
 220
 995
 49
 233
 350
 30
 299
 1473
 590
 1671
 502
 224
 245
 592
 509
 39
 504
 852
 36
 354
 91
 62
 98
 964
 353
 44
 972
 39
 1876
 81
 962
 7
 254
 686
 850
 82
 965
 996
 856
 371
 961
 266
 231
 218
 423
 370
 352
 853
 389
 261
 265
 60
 960
 223
 356
 692
 596
 222
 230
 262
 52
 691
 373
 377
 976
 382
 1664
 212
 258
 95
 264
 674
 977
 31
 599
 687
 64
 505
 227
 234
 683
 672
 1670
 47
 968
 92
 680
 970
 507
 675
 595
 51
 63
 64
 48
 351
 1787
 974
 262
 40
 7
 250
 590
 290
 1869
 1758
 590
 508
 1784
 685
 378
 239
 966
 221
 381
 248
 232
 65
 421
 386
 677
 252
 27
 500
 34
 94
 249
 597
 268
 46
 41
 963
 886
 992
 255
 66
 670
 228
 690
 676
 1868
 216
 90
 993
 1649
 688
 256
 380
 971
 44
 1
 1
 598
 998
 678
 58
 84
 1284
 1
 681
 2
 967
 260
 263
00:00
00:00
00:00
01:00
02:00
03:00
04:00
05:00
06:00
07:00
08:00
09:00
10:00
11:00
12:00
13:00
14:00
15:00
16:00
17:00
18:00
19:00
20:00
21:00
22:00
23:00
23:00
23:00
00:00
01:00
02:00
03:00
04:00
05:00
06:00
07:00
08:00
09:00
10:00
11:00
12:00
13:00
14:00
15:00
16:00
17:00
18:00
19:00
20:00
21:00
22:00
23:00

Um gerente ligará para você em breve.

Alterar número

Seu pedido foi aceito

Um gerente ligará para você em breve.

O próximo pedido de chamada para este número de telefone
estará disponível em

Se você tiver um problema urgente, por favor, fale conosco pelo
Chat ao vivo

Erro interno. Por favor, tente novamente mais tarde

Não perca seu tempo. Acompanhe o impacto das NFP no dólar dos EUA e ganhe dinheiro!

Você está usando uma versão antiga de seu navegador.

Atualize para a versão mais recente ou experimente outro navegador para uma experiência comercial mais segura, confortável e produtiva.

Safari Chrome Firefox Opera