On the Radar…

Same old, same old… biggest issue yesterday was extreme EURO weakness as opposed to USD strength which interfered with cable trades but all in all we are still in range > big theme for today will also be JPY flows, so keeping that in mind for overall impact on set-ups.

  • EURUSD > bearish,  naturally focused on break of 3350s and looking to re-enter shorts on bounces.
  • GBPUSD > still unable to mount a meaningful attack of 53s until that remains the case, all attempts offer a good risk reward for short entries with tight stops.
  • USDJPY > no change, bullish, tightening swing but still some build opportunities for some of the more aggressive traders.

Keep it tight 😉

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