AllOnTrades

AllOnTrades

Entry: 0.6080 Stop Loss: 0.6140 (60 pips above entry) Take Profit: 0.5980 (100 pips below entry, offering a 1.67:1 reward-to-risk ratio) Reasoning: The New Zealand dollar is displaying signs of weakness, and with global risk-off sentiment prevailing, NZD/USD may continue to fall towards 0.5980. This setup provides a favorable risk-to-reward opportunity.

AllOnTrades

Entry: 1.3091 Stop Loss: 1.3170 (80 pips above entry) Take Profit: 1.2970 (120 pips below entry, offering a 1.5:1 reward-to-risk ratio) Reasoning: GBP/USD faces increasing downward pressure as the U.K. economy remains fragile, while the U.S. dollar benefits from its relative strength. This trade offers a favorable risk-to-reward ratio in light of these...

AllOnTrades

Entry: 0.6727 Stop Loss: 0.6800 (73 pips above entry) Take Profit: 0.6600 (127 pips below entry, offering a 1.7:1 reward-to-risk ratio) Reasoning: With global risk-off sentiment growing and commodity prices showing signs of weakness, AUD/USD could face further downside pressure. This setup capitalizes on potential bearish momentum, offering a strong risk-to-reward...

AllOnTrades

Entry: 19.4600 Stop Loss: 19.3000 (160 pips below entry) Take Profit: 19.7000 (240 pips above entry, offering a 1.5:1 reward-to-risk ratio) Reasoning: The Mexican peso has been showing signs of weakening, while the U.S. dollar has been gaining strength. This trend suggests that USD/MXN could continue its upward movement, providing a potential buying opportunity.