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DayTradeIdeas ranks 1st among 466 Currency Trading sites & has a rating of 4.88/5.00 stars from 148 reviews.

https://www.sitejabber.com/reviews/daytradeideas.co.uk


"Experience the market through the eyes of Jason Sen, a seasoned trader with over 35 years under his belt. Embark on your trading journey with a FREE series of trading e-books, designed to guide beginners and refine the strategies of experienced traders alike.

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US dollar index collapsed ahead of the Non farm payroll, unexpectedly breaking support at 103.90/70 & taking out the lows for the previous 5 days.

However on Friday we reversed & shot higher through first resistance at 103.80/104.00 so this was a bit of a non sense.

Key resistance at 104.00/104.10. So holding above here is a buy signal & holding below here is a sell signal for the start of this week. Obviously bulls need a break above last week's high at 104.70 for another buy signal this week.

We should have strong support at 103.35/25.

AUDUSD totally confusing as we race back above what should have been resistance at the March & May low. I have no idea what to suggest at this stage.

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NZDUSD strong resistance at 6135/45. shorts need stops above 6165.

Targets: 6090, 6050

USDCHF shorts at resistance at 9120/40 worked, taking profit at 9080.

Resistance again at 9120/40 but shorts need stops above 9160. A break higher is a buy signal, as long as we then hold above 9140/20 targeting 9180, 9220 & 9280.


Jason Sen

Jason Sen

Jason Sen began his career in the options pits on the trading floor of LIFFE in 1987 at the age of 19, making markets on his own account. In 2001 when the trading floor closed he successfully made the transition to day trading on computer screens. Jason used technical analysis throughout his trading career and formed Daytrdeideas.co.uk which established itself as the leading provider of daily technical analysis to independent and professional traders within the investment bank community. He advises dozens of traders at up to 15 major investment banks and hedge funds on market movement throughout each trading day on The Bloomberg Professional® service. Jason Sen also provides trade ideas with entry, exit and target levels on Telegram & in daily reports to retail traders. daytradeideas.co.uk


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