23 Feb Update

Updates on the trade and 2 stalks, as well as  an update on some of the weekly watch list pairs:

USDCAD: Trade management areas remain the same as yesterday, still waiting for the 2nd long to trigger.

EURCAD & GBPUSD: Trade management areas remain as per yesterday, no trades at this stage.

EURGBP and EURUSD: Both consolidating at support. No trades.

AUSNZD: Reacting from resistance, watching price action. No trades.

21 Feb to 24 Feb Watch List

EURCAD Daily chart

EURCAD is at a good support area, as indicated by the blue rectangle. We are now keeping an eye on price action to see whether it sets up for a long trade.

21-feb-eurcad-support.png

GBPUSD Daily chart

GBPUSD has been quite choppy at this support area. Resistance is close above.

We are in wait and see mode on this pair.

21-feb-gbpusd

 

AUDNZD Daily Chart

This pair is now approaching resistance  – we will wait and see what price action develops once the resistance area is pierced.

21-feb-audnzd

 

EURGBP Daily Chart

This pair is right on support. We are now waiting on further price action to show us the way.

21-feb-eurgbp