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)