Thursday 25th of March

Good morning folks! I hope you’re well!

Big updates knowing I took AUD/NZD on Tuesday night but I’ve also added EUR/NZD short yesterday.

FX Trade Update

I took EUR/NZD for a short play due to the counter zone. There was a lot of momentum towards it so it came a bit as a surprise, but we had that zone for quite a while, so it’s valid according to my rules!

Let’s hope the Kiwi Dollar will gain a lot of strength to push those two pairs lower 🙂

FX Watchlist

EUR/JPY

I’m looking at EUR/JPY for a potential long if we break this descending trend line, however, with a clear break we’d see the creation of a new area of supply.

GBP/USD

Pound Dollar is also quite interesting to me, since we are currently in an area of demand, however, we did also recently break an ascending trend line.

It’s now been 24hours in this zone so I won’t be taking it, but I want to know how it goes

USD/CHF

Dollar Swiss is interesting, we are approaching an area of supply, let’s see what happens 🙂

That’s it for today, back to FXDreema and some work 🙂

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