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Technical Setups – Forex

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Greenback has started the week on weaker footing but it will all come down to the general risk sentiment in the financial markets. If it turns sour with the impending additional tariffs by the U.S on China it could mean risk inflows into the reserve currency. Let’s look into the USD Majors & how they stand right now.

EUR/USD (MT Neutral, ST Bulish)

EURUSD

GBP/USD (MT Neutral, ST Bulish)

GBPUSD

USD/JPY (MT Neutral, ST Bulish)

USDJPY

AUD/USD (MT Bearish, ST Bearish)

AUDUSD

USD/CAD (MT Bearish, ST Bearish)

USDCAD

USD/CHF (MT Bearish, ST Bearish)

USDCHF

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Faisal Khan
Faisal is based in Canada with a background in Finance/Economics & Computers. He has been actively trading FOREX for the past 11 years. Faisal is also an active Stocks trader with a passion for everything Crypto. His enthusiasm & interest in learning new technologies has turned him into an avid Crypto/Blockchain & Fintech enthusiast. Currently working for a Mobile platform called Tradelike as the Senior Technical Analyst. His interest for writing has stayed with him all his life ever since started the first Internet magazine of Pakistan in 1998. He blogs regularly on Financial markets, trading strategies & Cryptocurrencies. Loves to travel.

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