Good morning traders, it’s monday again and I want to share with you my analysis for this week. Lts begin with the DJI30. Price pullbacked into the ema100 zone on daily and according to the last drop on HTF this seems like the best supply to sell. We are on daily so the timing should take a little bit more time, means do not short it imidiately from M5.
GbpUsd was a bit tricky last week, but I think the trend on HTF is still on bear side. Daily engulfing on ema100 is a pretty good reason why take a look for short signals. Again the same like DJI. We are on daily supply so don’t expect imidiately short from M5. It needs time.
GbpJpy made new structure high. For me this pair will be hard to trade this week. Price should short to 140,30 and than long, but it can reverse long everywhere on the way to this level. So be carefull and keep your SL tight.
Last one for me is the Kiwi – NzdUsd which for me is in perfect situation. I made huge analysis through all the pairs and my decision is to buy the kiwi from 0,6720 and expect new high above 0,6850. This pair was rising last weeks and the bullish strategy will be the winning one here.