Thu. Jun 20th, 2019

Trading opportunites based on the ForexMillionaireStrategy – 2019-05-06

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Here are some trading options for the next trading days.

The GBP became very strong after the opening of the London market. This is a possible signal for the retracement of the GBP pairs. You can’t see RSI divergence right now, but the RSI on the H1 chart is very high on many GBP pairs. Check the GBP pairs tomorrow.

The EURJPY shows a clear signal and it already confirmed. The EUR will probably raise during the European trading session, so this can be a nice trading opportunity. You can check other JPY pairs too because AUDJPY and CHFJPY also look fine.

USDCAD didn’t confirm yet, and you have to be careful with that. The USD will probably fall during the Asian and European session if the EUR will become stronger. If it will happen, this trade won’t be good for us.

The Economic calendar shows one important event, Mr. Poloz’s speech. So be careful with CAD pairs.

 


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