PeterHedger3

PeterHedger3

Now could be a good time to go short. We could go down a long way. I am looking to take short positions in this market.

PeterHedger3

I expect a large rise in this pair, however we could go a little lower. I am looking for long positions and waiting for a bounce.

PeterHedger3

GBPUSD - A reversal is possible at this level. I am looking for short trades.

PeterHedger3

AUDUSD is has a great outlook compared to the other currencies. I do expect to see a pullback soon.

PeterHedger3

EURUSD - I am biased on the short side at the moment. USD could strengthen more and therefore it could go higher.

PeterHedger3

USDJPY - From here we could go a lot lower but a bounce is possible.

PeterHedger3

AUDUSD is at an area where a reversal is highly likely. I prefer short positions at this point.

PeterHedger3

USDJPY has been stuck in a tight range for a while. 107.000 Level is a key level of support which would be a great entry point depending on your bias. We must be patient here but I expect volatility going forward. My bias is to the long side however if the 107.000 level is broken we could see the 105.100 level Lets see what happens next week. Leave your...

PeterHedger3

Have big targets on GBPJPY. Could move higher or lower from here. I am biased towards the upside however it is possible to test the lows. Lets see what happens going forward. Let me know your thoughts in the comments?

PeterHedger3

GBPUSD could test the 1.23900 level. I prefer short positions over short positions at this time.

PeterHedger3

EURJPY is at a key level. We can go higher from here, however if we go lower I prefer long positions.

PeterHedger3

Key levels 0.63450 and 0.63900 I prefer trading long in AUDUSD however news must be watched closely.

PeterHedger3

Looking at this chart it looks like there is some possibility to go lower from here.

PeterHedger3

USDJPY 109.700 Level looks to be a strong resistance area. This level has been respected 5 times in over the last 6 weeks. 108.700 Looks like a good exit target and could potentially run further to the 108.000 level. Happy trading