Traders my USD/JPY Position is now pushing into a very strong profit of 190pips.

Once we hit 200pips profit I will be rolling my stop loss to lock in 100pips profit!

By Bravo FX

EUR/USD

- Markets are starting to heavily bet that the U.S Central bank will cut interest rates before the end of 2019.

The EUR will likely push higher as the US Dollar index weakens.

I will look to buy EUR/USD once price break past the trend line shown in the picture.

By Bravo FX

Crude Crude Oil

Traders my Crude Oil position is pushing into a stronger profit!

I am looking to roll my stop loss and add a second position shortly.

I'll keep you updated when I do!

By Bravo FX

For those that requested EURAUD, the pair is falling nicely to the indicated intraday level I spoke of during the live session.

Morning traders! Euro trades from yesterday’s session have hit their take profits before the ECB decision. In short, rates will stay the same for the short term and the ECB will lower the interest for TLTRO 3 loans (loans given to banks), to keep allowing cash flow flow through the European economy by its companies and investors. We will touch base on this in our live session today at 11:00 AM EST.

Join our Live Session Now!
https://youtu.be/TTNe7RfvOsU

DAILY LIVE SESSION RECAP:

EURUSD - Short term bear sentiment, unless we break and close above our daily descending channel.

GBPUSD - Bias is long for the long term given we break out of our current consolidation region.

GOLD - Short basis from 1363 region. Till then, we sit on our hands.

GBPJPY - Long bias if we get a break and close above 137.765, with buy stops at 137.900 and stop loss at 137.455. Short intraday was/is available but entry has passed.

Ton of fundamentals this week so I didn’t want to given anything concrete in terms of setups for the sake of risk aversion. The markets will be much more calmer next week. I will see you guys again for tomorrow’s live session at 11:00 AM EST. Be safe and do not attempt to trade the NFP traders.

For those that are looking for a trade that may be worth their while and that does not pertain to the USD, elect to short AUDCAD. See the analysis here, https://www.tradingview.com/chart/AUDCAD/ohakLwbH-AUDCAD-INTRADAY-SHORT/

- RP Forex

Up +27 pips, pair might consolidate till the CAD Employment release tomorrow. For those that are high in risk aversion, you may close out the trade now.

Morning traders. AUDCAD is up 40 pips, CLOSE out now. It’s not going to cause me any stress if AUDCAD drops further after the CAD Employment release because it could very well do the opposite. One of the main concepts about trading is controlling your greed. So please close out now. In other news, our GBPJPY buy stops have been activated and we are in some profit. I’ll see you all at 11 AM EST. BE SAFE.

- RP Forex

And here are the results, no surprises really.

Since last night I have been in CADCHF longs and AUDCAD shorts. AUDCAD shorts can be resumed Sunday. I will personally hold CADCHF longs. I will quickly go over the trade during today’s live.

GBPUSD LONG BIAS HAS BEEN CONFIRMED. Piggybacking off what was discussed on our live sessions. See the analysis here: https://www.tradingview.com/chart/GBPUSD/X5JceVt2-GBPUSD-LONGS-ARE-A-GO/

EURUSD LONG BIAS CONFIRMED Our daily descending has been broken and we can see long opportunities to at least 1.1400 region. See the analysis here: https://www.tradingview.com/chart/EURUSD/Ur5hGFSi-EURUSD-LONG-TO-AT-LEAST-1-14000/

ANNOUCEMENT: There will not be a live session today, given that we just had NFP this morning I think it’d be best if we took a break from the charts. Enjoy your Friday. I have posted an updated version of our analysis for EURUSD & GBPUSD up above and on TradingView. Plot those key levels if you haven’t already. I will also be uploading more setups like the AUDCAD short this Sunday. If you have missed our previous sessions, they’re available to view on our YouTube. We will resume the live sessions on Monday.

- RP Forex