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3 Good Setups For The Next Week

Published 04/14/2017, 07:32 AM
Updated 05/14/2017, 06:45 AM
AUD/USD
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EUR/GBP
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EUR/AUD
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DXY
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As expected, on Friday we do have a low volatility but we managed to find some decent trading occasions for the next week.

AUD/USD combines buy signals from both fundamental and technical analysis. We do have comments from Donald Trump about USD being too strong and we do have a false breakout of the mid-term support. Positive sentiment all way long.

EUR/AUD made a small stop pause above a neckline, after breaking the lower line of the flag formation. This kind of a stop above a support is usually a sign for a future breakout but for the answers we need to wait till the next week.

EUR/GBP is approaching a crucial support created by crossing of the up trendline and lower line of the symmetric triangle. We have to be patient and wait for the reaction. Side who will win, should dominate the chart for a long time and it would be great to be in the winning camp here.

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