Comments
Target 1 has been breached. We are monitoring the price action for further possible trade set up.
Daily Overview
Trend Long
Ambush Zone 1.3090 – 1.2965
Target 1 1.3310
Target 2 1.3385
Stop <1.2875
Daily Technical Analysis GBPUSD
Comments
After pulling back towards Fibonacci support GBPUSD has this morning open marginally positive.We are
monitoring for a possible move to Target 1.
Daily Overview
Trend Long
Ambush Zone 1.6105 – 1.5945
Target 1 1.6385
Target 2 1.6620
Stop <1.5825
Daily Technical Analysis USDJPY
Comments
As previously posted, USDJPY continues to trade higher with only brief pauses of consolidation. Our bias is
long but with no Swing set up for the time being.
Daily Overview
Trend Long
Ambush Zone 85.05 – 83.10
Target 1 88.35
Target 2 85.50
Stop <81.65
Daily Technical Analysis USDCHF
Comments
USDCHF has made one attempt to breach Target 1 only to marginally fail to reach that price level.We continue
to monitor the price action for a possible move to and breach of Target 1.
Daily Overview
Trend Short
Ambush Zone 0.9230 – 0.9320
Target 1 0.9080
Target 2 0.9040
Stop >0.9380
Daily Technical Analysis OIL
Comments
Oil has traded around the highs for a number of sessions. We are this morning monitoring the possibility of
the Oil making a further attempt at breaching the downward sloping trendline
Daily Overview
Trend Long
Ambush Zone 89.55 – 87.00
Target 1 93.80
Target 2 100.40
Stop <85.20
Daily Technical Analysis GOLD
Comments
Friday saw a weak rejection of Fibonacci resistance. We are monitoring for a possibility for Gold to push
further into the direction of Target 1.
Daily Overview
Trend Short
Ambush Zone 1660 – 1680
Target 1 1625
Target 2 1590
Stop >1695
