Daily TA & Trade Ideas – 25th Feb 2021
AUDUSD I warned could reverse yesterday & we dipped to the first target of 7900/7890 but no further. Now we are higher again this morning to 7978.
NZDUSD We wrote: outlook remains positive…Be ready to buy a break above 7385/95 targeting the 2018 high 7425/35.
Target hit as we reach 7455.
USDJPY we wrote: bounce from support at 104.90/80 targets 105.20 then 105.50/60. Resistance at 106.00/10 for profit taking on any remaining longs.
An easy 110 pips profit as we topped exactly here.
EURJPY beat 128.45 for a buy signal targeting 128.65/75 & holding above here today targets 129.30/40.
CADJPY longs at 8320/10 hit targets of 8370/75, 8400/30 & 8460/80. The ultimate target for the move is 8600/8630 for profit taking.
AUDUSD | buy at 7885/75. Stop below 7865. |
EURJPY | buy at 128.30/20 with stops below 128.00. |
NZDUSD | buy at 7385/75 with stops below 7365. |
GBPUSD | buy at 1.4085/75 with stops below 1.4055 |
GBPUSD | buy at 1.3995/75 with stops below 1.3960 |
CADJPY | Buy at 8330/20 with stops below 8300 |
EURUSD | possible inverse head & shoulders – buy a break above 1.2180. |
Gold | sell at 1815/18 today with stops above 1821 |
Gold | sell at 1831/35 with stops above 1839 |
Gold | buy in the 1770/60 area with stops below 1750. |
AUDCAD | buy 9930/20 with stops below 9905 |
AUDCAD | buy 9890/80 with stops below 9865. |
USDZAR | buy at 14.55/45 with stops below 14.30. |
…a break lower is a sell signal |
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