fxigor's Blog

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GBPNZD again in focus

Today USD news will create volatility. SO I will trade GBPNZD. One of the reason is weak NZD and good employment news for GBP.
I think bottom is formed and we can see gains in next days. We can see 1.8 and 1.9 in next weeks too.
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USDJPY on resistance

Sometimes I try swing trades. Low risk swing trade I will try now at 1.1285.stop loss is 1.131. My target is 1.112. I want to see double wave and strong resistance around 1.129.
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GBPCAD interesting setup

Today I was keeping long GBPUSD trade.I am long from 1.267 and now I want to see more gains.
But after bad CAd news today I made new buy trade for GBPCAD :
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GBP ready for long

Whole week GBP was struggled with support and now we can see bullish pattern. Today price for GBPUSD went from 1.269 till 1.279 in few minutes after news.Price is above pivot and I see more gains.
I want to see more gains above 1.28.
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Still bullish CAD

I am still CAD bullish. One of the best pair is EURCAD selling.
At 1.483 is sypport but we can sell little higher from here and try to go below 1.475.
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EURCAD setup

This days all eyes are in USD and GBP so I am trying to find risk free setup. EURCAD has nice bearish pattern. Last several days price can not create high and we can see new low.
I sold at 1.51 today, stop loss 1.52 target is open.
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GBPUSD wants 1.3054

GBPUSd is trying to break middle line of B. Band (20 MA on daily chart). After that I want to see price above 1.3.
My stop loss is 1.282 and target 1.305. I am long from 1.286.
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EUR nice sell setups

Today I am selling EUR pairs.
I see that around 1.115 is resistance and after bad EUR news I want to see price below 1.11 :
Another nice sell setup is EURCAD below and around 1.503, stop loss is 1.506 and target 1.492 :
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USD goes up

Whole May dollar was weak. Now at the end of the month we can see top in GBPUSD and EURUSD
As we can see strong bearish divergence shows EURUSD weak. I am short from 1.123 and my target 1.11.This strong support is very important level in June in my opinion.
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EURJPY H4 time frame

EURJPY this morning broken few days resitance and started upside move. Evan momentum is weak because weak EUR, in this week we can see more gains.
Because of that I made long trade : buy 120.7, stop 120.5 , target 121.7.
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