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Trading Analysis – 2024-08-20

USD/CAD Daily

I expect a new low in the daily! A pullback above the Fibo levels is also still possible.

USD/CHF Daily

Here I started the 1st long targeting around ~0.89000.

Important is also to bring the stop to break-even first.

EUR/CHF Daily

Should the price correct to the 38% level, then I will start a 1st re-long down here. Short is out of the question for me 😊

EUR/GBP Daily

A pullback to 0.849xxx is currently still very possible. From here I will start a 1st long. Target: SL to break-even and the 0.857xxx region.

EUR/AUD Daily

The new daily low has now formed. The position was already largely partially sold yesterday and the rest on tight SL. A pullback towards the red zone would be another top short candidate for me on swing basis and day trading simultaneously.

Otherwise, tighten the stops!

GBP/NZD Daily

A new low on the downside would be desirable. Pullbacks must be factored in before a possible low!

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