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Live scalping trades (time frame 0-2 hours)
|Entry level||Target||Stop loss||Status||Follow @TheFXToday|
|GBP/USD||24-07-14||13.54||Buy at 1.6955||1.6978||1.6937||Pending||Short-term buy into support region|
Sterling continuing to under-perform July 24th 2014 - 12.10 GMT: Follow us on Twitter for latest updates:
Sterling has been under-performing consistently this week and this trend has been maintained on Thursday. EUR/GBP again found support below 0.7900 and rallied to above 0.7920 after a lacklustre retail sales report. GBP/USD was unable to take advantage of a wider dollar retreat and has dipped twice to test support below 1.7010. The 1.7000 area will be crucial near term as a break below would be liable to trigger heavy stops and a quick retreat to the 21-DMA at 1.6955.
Latest set and forget trading recommendations July 24th 2014 (time frame 3-24 hours) Delayed by 2 hours
|Currency pair||Date||Time (GMT)||Order type||Target entry level||Target 1||Target 2||Status||
|EUR/US$||24-07-14||12.15||Limit order||Stay long from 1.3452||1.3475||1.3495||In play||Immediate resistance at 1.3475 area|
|USD/CHF||24-07-14||12.15||Limit order||Available to premium subscribers||*****||*****||In play||Support now on approach to 0.9000 area|
|AUD/US$||24-07-14||12.15||Limit order||Sell at 0.9475||0.9450||0.9425||Pending||Tough resistance on approach to 0.9475/80|
|US$/CAD||24-07-14||12.15||Limit order||Buy at 1.0715||1.0735||1.0755||Pending||Immediate support on approach to 1.0710|
|EUR/CHF||24-07-14||12.15||Limit order||Available to premium subscribers||*****||*****||In play||Strong support on approach to 1.2100|
|GBP/US$||24-07-14||12.15||Limit order||Available to premium subscribers||*****||*****||In play||Critical support on approach to 1.7000|
|US$/JPY||24-07-14||12.15||Limit order||Buy at 101.35||101.60||101.85||Pending||Strong support below 101.0 area|
Please see Sterling for full GBP signals and yen for full JPY signals
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