Daily market watch

[alex4winners]

On the USDCHF daily chart, we can see that the pair is breaking above the falling long-term Andrews Pitchfork channel 1.0000 level, which is acting also as a horizontal support now, for the upside continuation. The bounce off this level could lead to another extension higher into the 1.0200 level at least.
Note: look for the long trade entries with the SL below the 0.9950 level.

For up-to-date trading signals and detailed analytics of it please visit trendtradingdna website trendtradingdna.com Read more about the prop-trading

 

[alex4winners]

On the USDSGD daily chart, we can see that the pair is bouncing off the strong upside support 1.3350-1.3400 zone above the 200 SMA for an upside continuation into the 1.3700 level. If you want to track the USD strengthening on the market this will be the most suitable pair.
Note: look for the long trade entries with the SL below the 1.3350 level.

For up-to-date trading signals and detailed analytics of it please visit trendtradingdna website trendtradingdna.com Read more about the prop-trading

 

[alex4winners]

On the GBPAUD daily chart, we can see that the pair is breaking below the rising wedge 1.8000 level and is extending the fall by testing 100 SMA today 1.7816 level. This level needs to broken to the downside for further extension. The 1.7920 level will act as a downside support now.
Note: look for the short trade entries with the SL above the 1.7920 level

For up-to-date trading signals and detailed analytics of it please visit trendtradingdna website trendtradingdna.com Read more about the prop-trading

 

[alex4winners]

On the GBPJPY daily chart, we can see that the pair is trying to break below the 149 level for the downside extension into the key uptrend support 148 level. A break above the 150 level is required for the upside reversal.
Note: look for the short trade entries only in the case of a break below 149 level.

For up-to-date trading signals and detailed analytics of it please visit trendtradingdna website trendtradingdna.com Read more about the prop-trading

 

[alex4winners]

On the CL_F daily chart, we can see that the instrument is being rejected by the upside horizontal resistance and the upper channel line 73 level with a narrow rising wedge formed (usually bearish). A break below the 71.50 level today would lead to an extension into the 70 level.
Note: look for the short trade entries above the 73 level.

For up-to-date trading signals and detailed analytics of it please visit trendtradingdna website trendtradingdna.com Read more about the prop-trading

 

[alex4winners]

On the EURUSD daily chart, we can see that the pair is testing the 38.2% of the Fibonacci retracement of the Jan'17-Feb'18 swing up. A daily close below this 1.7110 level is required for the downside continuation into the 1.14500-1.15000 zone.
Note: look for the short trade entries on a daily close below the 1.17100 level.

For up-to-date trading signals and detailed analytics of it please visit trendtradingdna website trendtradingdna.com Read more about the prop-trading

 

[alex4winners]

On the NZDJPY daily chart, we can see that the pair is testing the strong horizontal 75.700 resistance for a possible downside continuation. This is a strong long-term level of the upside support which needs to be broken for a downside extension.
Note: look for the short trade entries on a daily close below the 75.700 level.

For up-to-date trading signals and detailed analytics of it please visit trendtradingdna website trendtradingdna.com Read more about the prop-trading

 

[alex4winners]

On the EURUSD daily chart, we can see a Sunday gap up and a rejection from the 1.17300 level. 1.17300-1.17500 zone is a strong support for the downside extension into the 1.15000 level. Wait for a daily close for a new trade entry. Invalidation of the downside continuation only in the case of a daily close above the 1.17300 level.
Note: look for the short trade entries with the SL above the 1.17300 level.

For up-to-date trading signals and detailed analytics of it please visit trendtradingdna website trendtradingdna.com Read more about the prop-trading

 

[alex4winners]

On the GBPJPY daily chart, we can see that the pair is extending lower after a bearish inside bar yesterday and is breaking below the last bearish horizontal resistance 145.280 level. The first downside target, which can be measured by the downside Pitchfork channel, is 142 level also the median line and also a 100% Fibonacci extension
Note: look for the short trade entries with the SL above the 145 level in the case of a pullback.

For up-to-date trading signals and detailed analytics of it please visit trendtradingdna website trendtradingdna.com Read more about the prop-trading

 

[alex4winners]

On the NZDJPY daily chart, we can see that the pair has broken below a strong horizontal downside resistance 75.700 level. The pair is now pulling back for a confirmation and a retest of this level. The downside support zone is 75.700-76.200 and only a break above this level will invalidate a further downside extension.
Note: look for the short trade entries with the SL above the 76.200 on this pullback.

For up-to-date trading signals and detailed analytics of it please visit trendtradingdna website trendtradingdna.com Read more about the prop-trading