Good evening dynamic traders.
What a cold weekend it has been and it is set to get colder during the week. I think I will certainly be having lie-in in the mornings this week. Although tomorrow we have an advanced driving day so I will have to get up earlier than usual but Tuesday onwards I am focussing on waking up after 9am.
Moving on, I wanted to just share some potential set ups with you all. I have not put any advanced get charts up but I am sure Javid, Bijal or John may touch upon these in the coming days with some charts.
The first chart is the USDCAD pair. This is certain to provide profits very soon so watch for a breakout or reversal on this.
The USDCHF is at an area of resistance but it seems to have broken through previous resistance zones in the past week. However, 1.23 is key so watch this level for a continuation or reversal.
The next currency I would like to share with you is the EURGBP. A confirmed break above 8600 or below 8200 could see some movement allowing profits to be had.
Last is EURUSD. Although not in a position to enter, this should also be one to watch as we may have a 123886 creation but right now it is in a range so some patience maybe required.
I hope you all manage a prosperous dynamic trading week. Please don't forget to check out our other forex blogs. You can click the links below if you have not already saved them in your favourites.
I would like to congratulate those who have used our 3D strategy in the last few weeks and walked away with some nice profits. Well done and continue your dynamic trading style.
Good Dynamic Trading...
Anne Chapman
Currency Analyst
