Forex Trading Opportunities for the Week Ahead 11 March 18

binary options

 

Note that this is my current view, but if market conditions change my view can change too. Generally I will trade in alignment with what I have noted here, though I will wait for a set-up before I enter. I base my view on technical and fundamental information. This is my beliefs and you are welcome to have opposite ones. Having a plan is more important than the actual direction for me. 

This weeks report is abbreviated due to personal reasons. 

  • Wait DXY.  – MT is sideways normal. Watch for selling opportunities off 97.70.
  • Sell GBP/USD. – MT is sideways volatile. Continue to sell, looking for a move towards 1.28.
  • Wait USD/JPY. – MT is bull normal. Stocks and bonds suggest that the uptrend is coming to an end for now. Wait.
  • Buy AUD/USD. –  MT is sideways normal. Look to buy of the key .70 figure.
  • Wait EUR/USD. –  MT is sideways normal. There may be an opportunity to buy off 1.20 but it is a contrarian trade so high risk, high reward.
  • Wait NZD/USD. –  MT is sideways normal. Wait.
  • Wait USD/CHF.  – MT sideways normal. Watch for a reversal off 1.0130.
  • Buy USD/CAD. – MT is bull normal. Buy, but caution should be had.
  • Wait EUR/GBP.  – MT is bear normal. There is a potential contrarian buy here too. Perhaps the better option than EURUSD.

Crosses

  • Wait EUR/CHF. – MT is sideways quiet. Wait.
  • Wait AUD/JPY.  – MT is sideways quiet. Wait.
  • Wait NZD/JPY. – MT is sideways quiet. Wait.
  • Wait GBP/JPY. – MT is bull volatile. Wait
  • Wait EUR/JPY. – MT is sideways normal. Wait.
  • Wait CAD/JPY. – MT is sideways normal. Wait.
  • Wait CHF/JPY.  – MT is sideways normal. Wait.
  • Wait GBP/NZD. – MT is bull volatile. Wait.
  • Wait EUR/NZD. – MT is sideways normal. Wait.
  • Sell AUD/NZD. – MT is bear normal. Continue to sell.
  • Wait EUR/AUD.  – MT is sideways normal. Wait.
  • Wait GBP/AUD. – MT is bull normal. Wait.
  • Wait AUD/CAD. – MT is sideways normal. Wait.
  • Wait GBP/CAD. –  MT is sideways volatile. Wait.
  • Wait EUR/CAD. – MT is sideways volatile. Wait.
  • Wait NZD/CAD. – MT is sideways normal. Wait.
  • Wait GBP/CHF. – MT is bull normal. Wait.
  • Sell CAD/CHF.  – MT is bear normal. Continue to sell.
  • Wait NZD/CHF.   MT is sideways normal. Wait
  • Wait AUD/CHF.  MT is sideways normal. Wait

Other Markets

  • Wait USDSGD. – MT is sideways normal. Wait
  • Wait USDCNH. – MT is bear volatile. Wait.
  • Sell Gold. – MT is bear normal. Continue to sell.
  • Wait Oil. – MT is sideways quiet. Wait.
  • Wait S&P 500.  – MT is sideways quiet. Wait.
  • Buy DAX. – MT is bull normal. Look to buy.
  • Wait Nikkei. – MT is sideways quiet. Wait.
  • Wait T-Notes. – MT is sideways normal. Wait.

View bank reports and fundamental analysis in the chatroom (members only)

View the chatroom 

Economic calendar for the week ahead:

View economic calendar

(MT = Market Type: Click for more information on market types.)

About the Author

Sam Eder is a currency trader and author of the Definitive Guide to Developing a Winning Forex Trading System and the Advanced Forex Course for Smart Traders (get free access). He is the owner of  www.fxrenew.com a provider of Forex signals from ex-bank and hedge fund traders (get a free trial). If you like Sam’s writing you can subscribe to his newsletter.

The post Forex Trading Opportunities for the Week Ahead 11 March 18 appeared first on FX Renew.