Monday, 14 June 2021

Currency Analysis (Week: 24 of 52): CADJPY, GBPUSD & XAUUSD

XAU/USD
XAUUSD Market Sentiment: Bullish 
CAD/JPY 

CADJPY Market Sentiment: Bearish 

GBP/USD

GBPUSD Market Sentiment: Bearish


Checklist before entering a trade:
  • Is the market ranging or trending?
  • Is price at close or at a significant level of resistance or support?
  • Is a trade possible and confirmed with an indicator?
  • What is the risk: reward of the trade, is this favourable?
  • Are there any significant economic releases that might impact the trade?
  • Does the gathered information follow my trading plan?

Writer: Nature
Editor (s): Nature & Awe Olufunso
Publisher: Awe Olufunso

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This blog is a true account of the trading results of the Author but does not in any way imply that the results will be similar for the average reader. Seek advice from an independent certified financial adviser and DO YOUR OWN RESEARCH!