AUD/JPY looks exposed
AUD/JPY formed a “shooting star” candlestickon the W1. This week, it’s testing levels below the 50-week MA at 75.45.
USD/CHF: pick your entry level
Trade ideas
BUY 1.0130; TP 1.0250; SL 1.01
BUY 1.02; TP 1.03; SL 1.0180
In April, USD/CHF broke above the resistance line connecting 2018 and 2019 highs in the 1.0130 area. This was a significant resistance and now will be significant support. The pair may find demand around 1.0300 and then turn up to 1.0250 and 1.03. Here are 2 trade ideas: one involving buying at lower levels and another buying on the break higher.
Elizabeth Belugina
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Latest news
AUD/JPY looks exposed
AUD/JPY formed a “shooting star” candlestickon the W1. This week, it’s testing levels below the 50-week MA at 75.45.
Brent: is there a bottom?
On the W1, Brent oil formed a bullish “hammer”…
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