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FOREX SIGNALS for the Day
By FightForex
For The Full Article >>
USD-CHF @ 1.0835/35...Buy dips
R: 1.0913 / 1.0942-53 / 1.1025
S: 1.0810-790 / 1.0760-50 / 1.0700
Dollar-Swiss again touched a high of 1.0899 in the European session today. While above 1.0850, we may see it move up towards 1.1025 in the coming sessions over this week.
Immediately, the pair may come down towards the Support at 1.0810-790 or even 1.0750 in the US session today, followed by an upmove towards 1.0850-900 in the coming sessions tomorrow. Though, a strong upmove beyond 1.0850 may take it towards 1.0913 or even 1.0950, but we see more chances of some downmove followed by an upmove in the coming sessions over today and tomorrow.
Limit Buy Order:
Buy USD 10K at 1.0800, SL 1.0710, TP Open
Buy USD 10K at 1.0770, SL 1.0680, TP Open
Cable GBP-USD @ 1.5204/07...Sell Rallies
R: 1.5239 / 1.5275 / 1.5300
S: 1.5132 / 1.5110 / 1.5030
Cable touched a low of 1.5145 in the European session today. It has come below crucial level of 1.5275 and may now target 1.5100 or even 1.5030 in the coming sessions over this week.
However, immediately we expect the pair to move up towards 1.5250-75 in the US session today followed by a dip towards 1.5100 in the coming sessions tomorrow. Though, on a strong break above 1.5275, we will have to reconsider our bearsih view on the pair, but we see more chances of 1.5250-75 holding, followed by a dip towards 1.5100-030 in the next couple of days.
Aussie AUD-USD @ 0.9223/26...Sell Rallies
R: 0.9259-65 / 0.9306 / 0.9350
S: 0.9181 / 0.9159-48 / 0.9100-090
Aussie fell to a low of 0.9156 in the European Session today. The pair may rise towards the Resistance level at 0.9259-65, followed by a fall towards 0.9200 in the coming sessions over today and tomorrow. However, a break above 0.9262, may push the pair towards 0.9306, but even at those levels we would keep our bearish sentiments intact and would sell rather than buy in anticipation of further upmove.
Overall, we see the pair coming down towards 0.9200-150, after an upmove towards 0.9262-300 over the next couple of days.
For The Full Article >>
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