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Trading Analysis – 2024-11-05

USD/CAD Daily

Profit taking would be appropriate soon or tighter SL. The gap up there worries me, but should it come up again and close that, immediately short 1st position again!

Long no option, too dangerous!

EUR/USD Daily

The gap will be closed, I strongly assume that! With new high above 50% or also 61%

NZD/CHF Daily

I remain long both short-term and in the swing trade!

GBP/NZD Daily

The air upward gets thinner, a pullback becomes more likely in my opinion!

EUR/AUD Daily

For me, 2 options for shorting!

EUR/GBP Daily

Who’s not long yet can pull the option to go long again and trade on a breakout. With a 1st position, you can’t really go wrong if you maintain good distances downward in 1-1-1.

AUD/USD Daily

Either via a small further high in the daily, I could imagine a gap close or directly! With a gap close, I would set a 1st long position. Who wants to short the gap, please orient yourself on the last big high and maintain RMM!

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