Today, I am attempting a buy trade on GBPUSD, placing my stop loss at 1.3251 and take profit at 1.3286. On the M15 timeframe, the market is currently in a phase of determining its next direction, as the pair attempts to break through the resistance area.
Today, I am attempting to sell the USDX, placing my stop loss at 102.33 and my take profit at 102.07. On the M15 timeframe, the USDX shows significant bearish pressure, as the price is still trading below the MA200.
Today, I attempted a buy trade on GBPJPY, setting my stop loss at 209.89 and take profit at 210.48. On the M15 timeframe, the price stopped falling aggressively and instead moved sideways before staging a recovery; currently, the price is trading above the MA200.
Today, I am attempting a buy trade on EURJPY, setting my stop loss at 177.10 and take profit at 177.53. On the M15 timeframe, EURJPY has undergone a structural shift to a bullish trend. This change in structure indicates that the previous bearish momentum is weakening, giving buyers an opportunity to take control in the short term.
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