I invite you to read the previous analyzes: Analyses game with swap

 Awarded a triple swap points today in the broker XM.

EURAUD

Instrument

Swap points

(long)

Swap points

(short)

Swap in

USD/lot (long)

Swap in

USD/lot (short)

EURAUD

–

6.6

–

6

 


We can see that this pair is approaching correction, a good area to short, 1.465-1.470. We have short positions from 21/05/2014.

USDMXN

Instrument

Swap points

(long)

Swap points

(short)

Swap in

USD/lot (long)

Swap in

USD/lot (short)

USDMXN

–

67.7

–

5.5

 

On the weekly chart, we can see forming a pin bar, but take a look at this pair closer.


At the H4 chart we see the head and shoulders formation, the extent of formation (after breaking the neckline) is around 12.81-12.82. Reasonable S/L should be on a top of formation. We took short positions on this pair from 04/06/2014.

USDRUB

Instrument

Swap points

(long)

Swap points

(short)

Swap in

USD/lot (long)

Swap in

USD/lot (short)

USDRUB

–

58

–

16.75

 


The downward trend is gaining momentum. On the weekly chart price broke support if the candle closes below the support at the next test of this level, it will be a good place for a short position with the level of S/L above the last peak.

We also recommend a webinars with a broker XM. (homepage)

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