Weekly Trades: EUR/USD And EUR/GBP

Published 12/30/2019, 03:34 AM
Updated 09/03/2023, 03:41 AM
EUR/USD
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EUR/GBP
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Last week's trades:

EUR/GBP Long 0.8502 and 0.8481 to target 0.8581

Actual 0.8504 to 0.8580 +76 Pips. Perfect as usual.

This week's trades:

We'll trade the EUR/GBP and EUR/USD combination.

EUR/USD

Strategy. Short 1.1176 and 1.1202 to target 1.1106. Must cross 1.1151, 1.1126 and 1.1112.

Short below 1.1102 to target 1.1063. Must cross 1.1076 and 1.1067.

Massive resistance for EUR/USD is located at dropping lines 1.1276 and 1.1289.

EUR/GBP

Long 0.8482 and 0.8465 to target 0.8603. Must Cross 0.8499, 0.8533, 0.8554 and 0.8588,

Long above 0.8619 to target 0.8687. Must cross 0.8636, 0.8653 and 0.8670.

Higher must break 0.8706 and 0.8726.

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