Brian Twomey: JULY 18 Trades

Good until 2:30 am EST

GBP/USD

Most important 1.3346

Bottom. 1.3194, achieves by 1.3227 and 1.3208. Target below 1.3227. If break below then target 1.3208. 1.3227 must still cross to go long again. If 1.3227 holds, target 1.3261 line.

Upper target 1.3330 and 1.3321, Watch 1.3346, tough area here, look for short reversal in this area at 1.3320’s to 1.3330’s.

GBP/JPY

Most important 142.20, 141.11, below 138.25

Bottom. 139.51 and 139.32. Achieves by 139.86 and 139.68. First target 139.86 then 139.68 and bottom 139.51. If 139.86 holds, long to 140.22. If 139.86 breaks lower then 139.68 next target. Long from this lower area to 140.22.

Upper target 140.92 and 141.11

EUR/USD

Most important 1.1090 then 1.1111. Above 1.1090, enter into caution zone again as 1.1135 becomes big break.

Bottom. 1.1011,a achieves by 1.1039 and 1.1025. First target 1.1139 then 1.1025. Down here is reversal zone.

Upper target 1.1090, watch 1.1111.

EUR/JPY

Bottom. 116.49 and 116.43. achieves by 116.72 and 116.58.

Upper target 117.54 and 117.42

AUD/USD

Most important 0.7728 and 0.7450

Bottom. 0.7549 achieves by 0.7563, 0.7556

Upper target 0.7628, 0.7622 and 0.7616

NZD/USD

Big break occurred at 0.7105. Next big break below 0.7033, then later target 0.6951

Bottom. 0.7045, achieves by 0.7063 and 0.7054.

Upper target watch 0.7105. A break targets 0.7111. This 0.7105 is not regular everyday market break, its a big line break point.

Enters danger area.

Big break above 106.69. needs first break 106.04, 106.36 then 106.69

Below targets 105.40 then 105.08 and 104.76. Take the breaks in direction of trend

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s