Daily Forex Review Reviewing the foreign exchange and currency market

20Sep/10Off

Daily Cross 20/9 – Sell EUR/AUD

Sell EUR/AUD @ 1.3845

SL@ 1.3920

TP1@ 1.3790

TP2@ 1.3750

According the 1 hour and 45 hour chat, the pair is continuing its downward trend, performing lower highs and lower lows.

All analysis is based on the 1 hour and 4 hour charts.

Last price:  1.3845

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16Sep/10Off

Daily Reccomendation 16/9 – Limit Order Buy EUR/CHF

Limit order:

Buy EUR/CHF @ 1.3105

SL@ 1.3048

TP1@ 1.3190

TP2@ 1.3290

When analyzing the Daily and  hours and  4 hours charts we see a pennant forming and resistance at the levels of 1.3135.

If the pair will break the resistance it can keep up trend.

The next Resistance is the 1.3200 level (round number “00”).

We can use the pennant side as our support level and a stop loss.

All forex broker analysis is based on the 4 hour and the daily chart.

Last price:  1.3084

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7Sep/10Off

Daily Cross 7/9 – Buy GBP/AUD

BUY  GBP/AUD  @ 1.6880

SL @ 1.6700

TP1 @ 1.6960

TP2 @ 1.7050

TP3 @ 1.7130

All Forex Broker Analysis is based on the Daily  chart.

Entry Level: 1.6880

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