Forex Signals Brief for Mar 14: 10 and 1 in Two Days Despite Trump’s Antics - Forex News by FX Leaders

Forex Signals Brief for Mar 14: 10 and 1 in Two Days Despite Trump’s Antics

Posted Wednesday, March 14, 2018 by
Rowan Crosby • 2 min read

Hey Traders,

The trading week has been interesting, to say the least with new twists and turns coming from the Trump administration on a daily basis. The FX Leaders Team have certainly been enjoying the volatile conditions and nailed four more winners on Tuesday. That takes our tally to 10 and 1 in what has been a fantastic start to the week.

As it stands we are currently in two long positions in the EUR/CHF and USD/JPY. On the long-term front, there has been little change and we are still short the GBP/USD, EUR/USD and AUD/USD.

As you can tell we somewhat bullish on the US Dollar as more upside would be a win for our signals.

US CPI came out in line with expectations. Attention now turns to US Retail Sales to see whether we can get the boost in the Greenback we are looking for. Be sure to keep the forex signals page for all the very latest trade opportunities and updates.

Forex Signal Watchlist

Gold – Gold has been bullish recently but might be getting a touch overbought.

Live Forex Signals

EUR/USD – Dollar Fall

The USD weakened on Tuesday and that meant the EUR/USD saw some upside. The move came after the US President fired his Secretary of State. Hopefully, the political news slows down and we can gain some ground back. The take profit target is at 1.2055 in our long-term position.

EUR/USD – 240 min Chart.

AUD/USD – Resistance Holds

Despite the fall in the Greenback the AUD/USD held up well. That is a positive sign for both the trend and our signal. It means that resistance is strong at 0.7900 and that there is still plenty of selling interest.  Our profit target is at 0.7650.

AUD/USD – 240 min Chart.

 

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