FX Weekly – 2019 Week 13

Summary:

Charts below now show aggressive entries, and stop levels in red

  • EURUSD ►last week's sell would be taken out if a hard SL was set - this week's aggressive entry is long against lows of 1.1170
  • GBPUSD ► opportunity to short, with possible stops indicated in red (see charts below)
  • USDJPY ▲ longs would have been taken out at BE at worst, but this week may be ok to go for a small long position
  • USDCHF ► look to long at trendline support (see chart below)
  • AUDUSD ► good and conservative opportunities not available - await formation of bottom
  • USDCAD ▲ look to sell if prices overextend to the upside
  • NZDUSD ► still in a LT range, so wait for 0.7150 for short opportunities