Forex Weekly Analysis (8/10/15-8/14/15)

Hey there lovelies,

**Disclaimer: Please note I am not a FOREX financial adviser/specialist and will not be held accountable for any loss/gain by any individuals who chose to use this information for their own personal gain. Everything discussed in this blog is just for my own personal and financial improvement. **

Here is my analysis on several #forex currency pairs for this week. This week, I will be concentrating on pairs with both bullish and bearish trend trading opportunities. Remember to have a trading plan and to trade that plan (i.e reasons for an entry and most important an exit). If you miss an opportunity, DO NOT chase the dragon it will always in one way or another be a losing battle for you. As always, remember the trend is your friend until it bends    :-)

1) #AUD/JPY (Daily) - Due the financial uncertainty of China this ol' gal maybe setting up for a significant drop in the near future and is worth keeping on your radar for an amazing short opportunity. If given a bearish opportunity between (94.0-92.3) plan to go short (sell) on this pair back down towards the 86.7-86.0 and/or below.  Expect at least 200+ pips on this sweet ride for this week.

2) #EURAUD(Daily) -  Last week, this girl gave confirmation of more downward movement with a elegant evening star. This week she may retrace 100-250 pips before continuing her bearish waltz downtown. If given a bearish opportunity at (1.499-1.487) take a short (sell) entry on this pair back down towards  1.46 and/or below range. Expect at least 300+ pips profit from this feisty gal this week.  

3) #GBPAUD (Daily) - Last week this pretty girl made a new weekly low of 2.0860, which may or may not be an indicator for lower movement before any real upward movement. If given a long (buy) opportunity between 2.085-2.093 plan to go long towards 2.14. If the pair fails to make a new weekly high plan to take a beautiful short (sell) opportunity possibly all the way towards the 2.03 handle. Expect at least 200+ pips out of this spice girl.

Xoxo, Deuces :-*

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