Forex Weekly Analysis (8/24/15-8/28/15)

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 (92.0-90.3) 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 made a bold statement by strutting her stuff up the runway with fierce confidence, thrusting her hawkish hips pips away from the 1.56 handle. Expect a possible re-tracement of 100-200+ pips early this week.  If given a bullish opportunity at (1.53-1.52) take a long (buy) entry on this pair back up towards 1.575 and/or above range. Depending on your position, expect at least 300+ pips profit from this feisty gal this week.  

3) #GBPAUD (Daily) - Last week this pretty girl finally conquered the 2.15  handle making a new weekly high and low. If given a long (buy) opportunity between 2.13-2.127 plan to go long and hold towards 2.20 and/or above. Expect at least 200+ pips out of this spice girl.

Xoxo, Deuces :-*