mdtforex
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EUR/USD
Once again, anticipate choppy trade in the 1.2954 to 1.3060 area. The pair is vulnerable to continued selling pressure, with any upside movement likely being capped in the 1.3060 to 1.3085 area. Our bearish sentiment will be confirmed on a move below 1.2954. Target 1.2912, 1.2823, 1.2789, and 1.2613 on a break below 1.2954.
GBP/JPY
The pair is likely to see continued selling pressure below the 125.42 level. We will continue to look for selling opportunities, selling rallies up to 125.42. A break below 122.22 will confirm our bearish sentiment, and could possibly target 121.19, 119.02, and 116.96. A move above 125.42 will negate the short term bearish outlook, and will likely see movement up to test the 129.50 level.
Once again, anticipate choppy trade in the 1.2954 to 1.3060 area. The pair is vulnerable to continued selling pressure, with any upside movement likely being capped in the 1.3060 to 1.3085 area. Our bearish sentiment will be confirmed on a move below 1.2954. Target 1.2912, 1.2823, 1.2789, and 1.2613 on a break below 1.2954.
GBP/JPY
The pair is likely to see continued selling pressure below the 125.42 level. We will continue to look for selling opportunities, selling rallies up to 125.42. A break below 122.22 will confirm our bearish sentiment, and could possibly target 121.19, 119.02, and 116.96. A move above 125.42 will negate the short term bearish outlook, and will likely see movement up to test the 129.50 level.
DISCLAIMER
Trading forex is not suitable for every individual. There is substantial risk of loss in trading forex. Every individual should carefully consider their investment objectives and determine if the risk is suitable for their current financial condition before investing. Due to the high risk of substantial loss, only capital that an individual can afford to lose without changing the quality of their lifestyle should be used. The signal alerts generated by MadDog Trading LLC are based on a computerized algorithm. Past performance is not indicative of future results. All signal alerts generated by MadDog Trading LLC are provided for informational and educational purposes only. Any trades placed upon reliance on MadDog Trading LLC systems are taken at your own risk for your own account. MadDog Trading LLC is not responsible for the trading results of third party money managers who claim to use FX-K10 to generate trade signals. MadDog Trading LLC does not endorse or promote third party money managers who claim to generate trade signals from FX-K10.
Trading forex is not suitable for every individual. There is substantial risk of loss in trading forex. Every individual should carefully consider their investment objectives and determine if the risk is suitable for their current financial condition before investing. Due to the high risk of substantial loss, only capital that an individual can afford to lose without changing the quality of their lifestyle should be used. The signal alerts generated by MadDog Trading LLC are based on a computerized algorithm. Past performance is not indicative of future results. All signal alerts generated by MadDog Trading LLC are provided for informational and educational purposes only. Any trades placed upon reliance on MadDog Trading LLC systems are taken at your own risk for your own account. MadDog Trading LLC is not responsible for the trading results of third party money managers who claim to use FX-K10 to generate trade signals. MadDog Trading LLC does not endorse or promote third party money managers who claim to generate trade signals from FX-K10.
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