Posts

EURUSD Still Bearish, GBPUSD Favours Short, XAUUSD Aims Higher

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Welcome traders to another live session. In today's live session we go over our current EURUSD trade and potential trade setups for the rest of the week. Currently, EURUSD has reacted to lackluster USD Consumer Confidence, which lead to the…

Technicals Says Short for EURUSD, GBPUSD & XAUUSD

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In today's live session we started off by talking about our AUDCHF and GBPJPY sells which brought in around 70 pips. Both setups were explained on why they were taken and what the current outlook for them is. We then spoke about more potential…

ECB Analysis, EURUSD & GBPUSD Technicals, Gold Forecast (XAUUSD)

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In today's live session, we start off by speaking about the #ECB Monetary Police Release and the effects it had on our trades that we had taken. In short, the #ECB is set to cut the interest rates another 10bps, from -0.40% to -0.50%. Our…

EURUSD & USDJPY Analysis Playing Out, GBPUSD Technicals Indicates Short

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Welcome traders to another live session. In today's live session we started off by speaking about our successful USDJPY long trade that has hit our final take profit and brought in over 64 pips. The technical analysis was simple and followed…

Forex Market Outlook & Trade Setups: XAUUSD Down, GBPUSD Up + More

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Welcome back to another live session. We will be picking up where we left off on Friday. Last week was NFP week and it was packed with fundamental releases, however that did not stop us from gaining over 300 pips. This week is a lot more calmer,…

Non Farm Payroll (NFP) Tomorrow, Can EURUSD Fall Because of ADP, GBPUSD Up +130 pips

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Welcome Traders to another live session. This week has dwindled down and is almost over. We had the ADP release earlier in the morning, the numbers were better than expected and thus, USD strength was observed across most pairs. Last night during…

GBPUSD Awaiting Shorts, EURUSD is Neutral, Don't Get Attached To Trades

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Welcome to the another live session Traders. EURUSD has rallied as did many pairs against the dollar and has now tapped 1.10300. The long term bias for the Euro is short as it is contained with a descending channel. If we want to get in on the…

EURUSD Shorts Stalled, GBP Still Weak, Gold Seeking New Highs

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Like all good things, our long weekend has come to an end. Happy Tuesday Traders! I'm RP Forex back with another live session. In today's live session we discuss our beautiful GBPJPY short that was analyzed during yesterday's live session. This…

Pound GBP Still Weak, CHF Swiss Franc is Safe Haven as Trade War Continues

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Welcome back traders to another live session. Last night GBPCAD brought in an additional +100 pips of profit. We finally have EURUSD on the way to 1.10700. Yesterday, we took GBPUSD longs, but because of the price action I decided to exit…