AdamFx42's Blog

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USD my focus this coming month

In this month's contest I will focus on USD
UsdJpy has held its ground above 100,
and as the BOJ threathens to intervene below 100, traders are long for now
Technical analysis still points down on this pair, though
and a channel down is still intact unless UsdJpy breaks above 102
I will be looking to buy just above 100 and above 102 this month
gl all
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GBPUsd is holding above support

GbpUsd is holding above a support level
After retracement on Friday, the pair now holds above an important level
The 4hr 100ma is around 1.480, and GbpUsd is above it for now
If this level can hold then I will be looking to go long here
Gbp is fundamentally stronger now that a no vote for Brexit seems certain
Gl all this week
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