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  1. Today's Analysis.

    daily analysis by daytradeideas 27 10 2022 grafika numer 1daily analysis by daytradeideas 27 10 2022 grafika numer 1

    AUDUSD finally made a move through strong resistance at 6380/6400 to target 6455/65, perhaps as far as resistance at the October high at 6540/50 today.

    NZDUSD finally made a break above 5800 for a buy signal targeting 5845/55 (a high for the day exactly here in fact), perhaps as far as 5890/5910 today.

    daily analysis by daytradeideas 27 10 2022 grafika numer 2daily analysis by daytradeideas 27 10 2022 grafika numer 2

    Today's Analysis.

    EURUSD break above the October high at 9999 confirmed the first buy signal targeting 1.0050 & just 7 pips from my next target of 1.0100/20. Eventually we could even reach 1.0180/1.0200.

    Downside should be limited with first support at 1.0000/9980. Longs need stops below 9960. Strong support at 9930/10, although I would be very surprised if we saw this level again for a while.

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    AUDUSD beat 6415 to target 6455/65, perhaps as far as resistance at the October high at 6540/50 today for profit taking on longs. Watch for a high for the day.

    Downside should be limited after the breakout with minor support at 6445/30 & better support at 6400/6390.

    NZDUSD longs on the break above 5800 are working as we hit 5845/55 (with a high for the day exactly here yesterday), perhaps as far as 5890/5910 today. Eventually we can reach 5980.

    First support at 5790/70 of course. Longs need stops below 5750.


    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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