amerfx86's Blog

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USDcad didnt breakr


As i mentioned yesterday usdcad when usdcad was near big support on 1.2750 and trying to break on second time, that if will rejected price will go strong up, and that was happened. Support on 1.2750 still holding after today weaker cpi in us than expected and price find support on 1.2780. I am bullish on usdcad and on gpbcad. Happy trading for all!!!!
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EURUSD - Would range last?


Eurusd is on range last week which is about 120 pips. Low of that rande is 1.1330 and high is 1.1450. On which side will happen breakout i will put my trades on that side. On the downside we have much more support that upside. Down we have trendline, MA100 h4 and a lot of fibo levels. On the upside first big resistance after 1.145 is 1.15 and after that 1.17. Happy trading week to all!!!!
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USDjpy hard break


After yesterday breakout on usdjpy we today seen more moving down . Today price go on 108 and find some support. I expect some correction from these levels on all jpy pairs and i put some trades on that. Two days ago bank of japan representetivs said that they will put some stimulus on japan economy, that can be driver for jpy short.
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USDjpy - below 110


Last time when we see usdjpy below 110 was in 2014. Yen continue to strenght and if that trend continue we can see usdjpy on some key support , on 106. Today have learn lessons from yesterday and join on yen an i that strategy has payoff.
My exposure on this moment are jpy bullish, eur and gbp bearish, i have more currenies in my portfolio but key was on jpy and eur.
Happy trading!!!!
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