Weekly Trade Preview by Dane Williams

Starting something different this week with a Weekly Trade Preview blog post.

I’m going to post the longer term view for key levels and trends that can be traded around with a few obvious thoughts thrown in to try and keep myself on the right side of the market when I’m placing trades in the following week.

Then keep an eye out for my Trade Idea blog posts through the week.

EUR/USD Daily
eudaily
– Trending down.
- Still looking very bearish?

GBP/USD Daily
gudaily
– Trending down.
- At trend line resistance after basing? Crunch time.

AUD/USD Daily
audaily
– Trending down.
– Broken below daily channel.
- Very bearish?

USD/JPY Daily
ujdaily
– Trending up.
– Last week fell away from it’s top.
- Hard to be bearish but chance of similar blow offs?

I’d love to see some discussion in the comments or on Twitter. What are your thoughts and key levels?

Dane Williams – @danewilliamsau

 

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