FxOrtrader trading journal FXGlory

EURUSD

EURUSD has a chance to continue its advance from last Friday in the short term on the sentiment of a weakening US dollar and the issue of Japanese banks going to buy German aircraft finance companies to test into the resistance area at 1.1325 - 1.1375. If the price moves down, the support level is seen at 1.1275 - 1.1225.

GBPUSD

The weakening sentiment of the US dollar is likely to sustain the rise in GBPUSD in the short term to test resistance at 1.3110 - 1.3160. However, if the market returns to worry about Brexit uncertainty, GBPUSD has a chance to be corrected to aim for support at 1.3050 - 1.3000.

USDJPY

Increasing demand for risk assets has the opportunity to sustain a rise in the USDJPY in the short term to aim for resistance at 112.30 - 112.80. However, the USDJPY has a chance to turn down, if the market considers a weakening US dollar to test the support at 111.70 - 111.20.

AUDUSD

The positive Chinese economic data has the opportunity to be positive AUDUSD sentiment in the short term to test resistance at 0.7200 - 0.7240. But if the price turns down, the closest support level is at 0.7140 - 0.7100.

do you not trade in a Gold pair whose movements are more aggressive

Gold

Gold prices have a chance to move down in the short term amid sentiment of a stronger US dollar and risk appetite to test support levels at $ 1272 - $ 1267. But if the price moves up the resistance level is seen in the area of $ 1280 - $ 1285. The market looks forward to China's GDP data at 9:00 WIB and the US trade balance at 19:30 WIB which could trigger volatility in the price of gold.

Oil

Oil prices have the potential to move up in the short term by the American Petroleum Institute (API) in late trading Tuesday to report a decline in crude oil reserves in the US by testing resistance at $ 64.70 - $ 65.20. However, prices are likely to turn down if the market gets negative sentiment such as OPEC which will end production restrictions and increase oil reserves in the Energy Information Administration report at 21:30 WIB to test the support level at $ 63.90 - $ 63.40.

EURUSD

EURUSD has a chance to move down in the short term amid negative sentiment from the European Central Bank (ECB) statement that said bank projections for the economy were too optimistic to test the support level at 1.1250 - 1.1200. But if it moves up, the resistance level is at 1.1310. The market looks forward to euro zone data such as the current account at 15:00 WIB, consumer inflation at 16:00 WIB and the trade balance at 16:00 WIB for indications of economic health in the euro zone.

GBPUSD

Reports that show the delay in negotiations between PM Theresa May and opposition party leaders have the potential to be a burden on the movement of GBPUSD in the short term to test the support level at 1.3010 - 1.2960. However, GBPUSD has a chance to move up to test the resistance level at 1.3070 - 1.3120 if the UK inflation data is released better than market estimates.

USDJPY

Japanese trade data which still shows a deficit and risk appetite sentiment has the opportunity to sustain a rise in the USDJPY in the short term to test the resistance level at 112.30 - 112.80. However, if the dollar's sentiment strengthens again moves the market, the USDJPY has a chance to turn down aiming at the support at 111.70 - 111.20:)

Negative sentiment from the statement from the European Central Bank (ECB), which said the bank's projections on the economy were too optimistic, had the opportunity to suppress EURUSD. But the dollar's ailing sentiment that looks set to continue amid progress on US-China trade negotiations has the chance to limit the decline.


EURUSD has a chance to move up to test the resistance level at 1.1310, further breakout is more likely to support EURUSD moving up to test the next resistance level at 1.1320 and 1.1330.

Resistance: 1.1310, 1.1320, 1.1330
Support: 1.1285, 1.1275, 1.1265

What system indicators do you use sir, can you share the system and trading strategy when entering?

EURUSD

Sentiment concerns the slowdown in the Eurozone economy reflected in economic data from the region yesterday has the potential to be a negative sentiment in the short term to test the support level at 1.1210 - 1.1160. If it moves up, the resistance level is seen in the area of 1.1270 - 1.1320.

GBPUSD

GBPUSD has a chance to move down in the short term on the sentiment of a stronger US dollar and the uncertainty of Brexit developments to test the support level at 1.2960 - 1.2910. If the price moves up, the resistance level is at 1.3020 - 1.3070.

USDJPY

USDJPY has the chance to move down in the short term amid optimistic Japanese inflation data to test the support level at 111.70 - 111.20. However, if the sentiment of the US dollar strengthens again dominates the market, the USDJPY has a chance to move up to test resistance at 112.30 - 112.80.

AUDUSD

The sentiment of a stronger US dollar has the opportunity to become a burden for the AUDUSD movement in the short term to test the support at 0.7120 - 0.7080. If the price moves up, the resistance level is in the area of 0.7180 - 0.7220.

Can u told me the reason u buying eurusd sir?its from candlestick pattern or something else..i means i think u have strong reason to make decision buy for this pair.thanks

of course sir, I have good reason why I take long positions on the EURUSD pair,

from the MA setting. waiting for confirmation from MA 244 exponcial monly penetrate 144 exponcial MA.H4

Ok sir..i guess i have to standby and discuss this strategy with you in your journal trading so it will be more comfort..

ok, thank you for stopping by at my journal trading sir.