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EUR/USD
We will remain bearish below 1.3060. Anticipate strong support in the 1.2807- 1.2819 area, which could possibly lead to a short term bounce.Any upside movement from the 1.2807 level could possibly be capped in the 1.2954 to 1.3004 area. Upon a break below 1.2807, anticipate downward movement to 1.2708, 1.2613, and 1.2561.
GBP/USD
We will remain bearish below 1.4182. A break below 1.3711 could lead to continued selling pressure to test 1.3497 and 1.3133 respectively. A move above 1.4182 would negate the bearish outlook and possibly lead to further upside movement to 1.4289 and 1.4428.
DISCLAIMER
Trading forex is not suitable for every individual. There is substantial risk of loss in trading forex. Every individual should carefully consider their investment objectives and determine if the risk is suitable for their current financial condition before investing. Due to the high risk of substantial loss, only capital that an individual can afford to lose without changing the quality of their lifestyle should be used. The signal alerts generated by MadDog Trading LLC are based on a computerized algorithm. Past performance is not indicative of future results. All signal alerts generated by MadDog Trading LLC are provided for informational and educational purposes only. Any trades placed upon reliance on MadDog Trading LLC systems are taken at your own risk for your own account. MadDog Trading LLC is not responsible for the trading results of third party money managers who claim to use FX-K10 to generate trade signals. MadDog Trading LLC does not endorse or promote third party money managers who claim to generate trade signals from FX-K10.
EUR/USD
Expect choppy trade between 1.2870 to 1.3054. The pair has been trying to find support in the 1.2870 area, but is vulnerable to continued selling pressure on a move below this level. Target 1.2717 and 1.2610 on a move below 1.2870. Trading above 1.2977 can potentially see gains to test the 1.3054 level. A move above 1.3054 can possibly target 1.3130, 1.3237, and 1.3390.
GBP/USD
Expect buying above the 1.3785 level. Target 1.3865, 1.3988, and 1.4111 on upside movement. 1.4111 is significant resistance, so a downside reversal is possible at this level. If the pair manages to trade above 1.4111, target 1.4271 and 1.4428. A move below 1.3785 can possibly lead the way down to 1.3767, 1.3705, 1.3459, and 1.3299.
EUR/USD
The pair has found short term support around 1.2880, but is vulnerable to continued selling pressure on a break below. We will remain bearish below 1.3012, looking to sell rallies up to that level. Target 1.2826, 1.2708, 1.2661, and 1.2558 on a break below 1.2877. The short term bias will change to buy on a move above 1.3012. Target 1.3094, 1.3197, and 1.3362 on a move above 1.3012.
GBP/JPY
The outlook remains bearish below the 123.25 level, with choppy trade expected between 120.73 to 123.25. The bearish sentiment will be confirmed on a move below 120.73, with downside movement targeting 119.71, 116.74, and 115.70. A move above 123.25 could possibly test 124.73, 125.76, and 126.78.
DISCLAIMER
Trading forex is not suitable for every individual. There is substantial risk of loss in trading forex. Every individual should carefully consider their investment objectives and determine if the risk is suitable for their current financial condition before investing. Due to the high risk of substantial loss, only capital that an individual can afford to lose without changing the quality of their lifestyle should be used. The signal alerts generated by MadDog Trading LLC are based on a computerized algorithm. Past performance is not indicative of future results. All signal alerts generated by MadDog Trading LLC are provided for informational and educational purposes only. Any trades placed upon reliance on MadDog Trading LLC systems are taken at your own risk for your own account. MadDog Trading LLC is not responsible for the trading results of third party money managers who claim to use FX-K10 to generate trade signals. MadDog Trading LLC does not endorse or promote third party money managers who claim to generate trade signals from FX-K10.
EUR/USD
The move above yesterdays Upper Boundary of 1.3012 has confirmed the short term reversal of mode from Sell to Buy. We will remain bullish above 1.3084, targeting 1.3196, and 1.3308. The pair can run into strong resistance in the 1.3308 to 1.3328 area, so a sell off could happen at that level. Look to sell weakness at the 1.3308-1.3328 level, targeting 1.3196, 1.3084, and 1.3023. A move above 1.3328 confirms the Buy mode, possibly extending gains to 1.3429, and 1.3653.
USD/CAD
We will remain bearish below 1.2306, and the trend will be confirmed on a move below 1.2182. Target 1.2114, 1.2003, and 1.1955 on continued weakness. The short term trend Sell mode could shift to Buy on a move above 1.2306. Target 1.2361, 1.2454, and 1.2497 on a move above 1.2306.
DISCLAIMER
Trading forex is not suitable for every individual. There is substantial risk of loss in trading forex. Every individual should carefully consider their investment objectives and determine if the risk is suitable for their current financial condition before investing. Due to the high risk of substantial loss, only capital that an individual can afford to lose without changing the quality of their lifestyle should be used. The signal alerts generated by MadDog Trading LLC are based on a computerized algorithm. Past performance is not indicative of future results. All signal alerts generated by MadDog Trading LLC are provided for informational and educational purposes only. Any trades placed upon reliance on MadDog Trading LLC systems are taken at your own risk for your own account. MadDog Trading LLC is not responsible for the trading results of third party money managers who claim to use FX-K10 to generate trade signals. MadDog Trading LLC does not endorse or promote third party money managers who claim to generate trade signals from FX-K10.
EUR/USD
The move above yesterdays Upper Boundary of 1.3012 has confirmed the short term reversal of mode from Sell to Buy. We will remain bullish above 1.3084, targeting 1.3196, and 1.3308. The pair can run into strong resistance in the 1.3308 to 1.3328 area, so a sell off could happen at that level. Look to sell weakness at the 1.3308-1.3328 level, targeting 1.3196, 1.3084, and 1.3023. A move above 1.3328 confirms the Buy mode, possibly extending gains to 1.3429, and 1.3653.
USD/CAD
We will remain bearish below 1.2306, and the trend will be confirmed on a move below 1.2182. Target 1.2114, 1.2003, and 1.1955 on continued weakness. The short term trend Sell mode could shift to Buy on a move above 1.2306. Target 1.2361, 1.2454, and 1.2497 on a move above 1.2306.
DISCLAIMER
Trading forex is not suitable for every individual. There is substantial risk of loss in trading forex. Every individual should carefully consider their investment objectives and determine if the risk is suitable for their current financial condition before investing. Due to the high risk of substantial loss, only capital that an individual can afford to lose without changing the quality of their lifestyle should be used. The signal alerts generated by MadDog Trading LLC are based on a computerized algorithm. Past performance is not indicative of future results. All signal alerts generated by MadDog Trading LLC are provided for informational and educational purposes only. Any trades placed upon reliance on MadDog Trading LLC systems are taken at your own risk for your own account. MadDog Trading LLC is not responsible for the trading results of third party money managers who claim to use FX-K10 to generate trade signals. MadDog Trading LLC does not endorse or promote third party money managers who claim to generate trade signals from FX-K10.
We are bearish below 1.3293. The pair can possibly work higher to test the 1.3197 and 1.3245 level before continuing it's move lower. A break below 1.3132 will confirm the bearish tone. We will target 1.3068, 1.2972, and 1.2877.
The pair remains in a tight trading range. We will wait for a breakout of the .6626 to .6695 before initiating positions. We will get long on a move above .6695, targeting .6729, .6799, and .6867. We will get short on a move below .6626, targeting .6591, .6523, and .6453.
DISCLAIMER
Trading forex is not suitable for every individual. There is substantial risk of loss in trading forex. Every individual should carefully consider their investment objectives and determine if the risk is suitable for their current financial condition before investing. Due to the high risk of substantial loss, only capital that an individual can afford to lose without changing the quality of their lifestyle should be used. The signal alerts generated by MadDog Trading LLC are based on a computerized algorithm. Past performance is not indicative of future results. All signal alerts generated by MadDog Trading LLC are provided for informational and educational purposes only. Any trades placed upon reliance on MadDog Trading LLC systems are taken at your own risk for your own account. MadDog Trading LLC is not responsible for the trading results of third party money managers who claim to use FX-K10 to generate trade signals. MadDog Trading LLC does not endorse or promote third party money managers who claim to generate trade signals from FX-K10.
Todd, I cannot disclose or advertise cost because we are offering discounted services for new subscribers. However, our services are always offered at a great value considering the level of direct support from genuine professional forex traders. Please start your free trial (if you haven't already) and our staff will inform you of our discount.
We will remain bearish below 1.3066, with a break below 1.2943 confirming our bearish sentiment. The pair can possibly find short term support in the 1.2865 to 1.2877 area. We will look to buy on a move above 1.3065, targeting 1.3110 and 1.3187.
The pair remains vulnerable to continued selling pressure down to the weekly Lower Boundary of 113.71. Choppy trade can be expected in the 116.29 to 117.95 range. Target 115.29 and 113.71 on a break below 116.29.
DISCLAIMER
Trading forex is not suitable for every individual. There is substantial risk of loss in trading forex. Every individual should carefully consider their investment objectives and determine if the risk is suitable for their current financial condition before investing. Due to the high risk of substantial loss, only capital that an individual can afford to lose without changing the quality of their lifestyle should be used. The signal alerts generated by MadDog Trading LLC are based on a computerized algorithm. Past performance is not indicative of future results. All signal alerts generated by MadDog Trading LLC are provided for informational and educational purposes only. Any trades placed upon reliance on MadDog Trading LLC systems are taken at your own risk for your own account. MadDog Trading LLC is not responsible for the trading results of third party money managers who claim to use FX-K10 to generate trade signals. MadDog Trading LLC does not endorse or promote third party money managers who claim to generate trade signals from FX-K10.
The pair is vulnerable to continued selling pressure below 1.2962. Any upside movement could possibly be capped in the 1.2870 to 1.2925 area, providing a nice entry point to initiate a new short position. A break below 1.2774 will confirm the Sell mode and will likely target 1.2733, 1.2633, and 1.2541.
We will remain bearish below 130.59. Any upside movement could be capped in the 130.10 to 130.59 area. The Sell mode will be confirmed on a break below 126.42, targeting 125.15, 122.74, and 120.20.
DISCLAIMER
Trading forex is not suitable for every individual. There is substantial risk of loss in trading forex. Every individual should carefully consider their investment objectives and determine if the risk is suitable for their current financial condition before investing. Due to the high risk of substantial loss, only capital that an individual can afford to lose without changing the quality of their lifestyle should be used. The signal alerts generated by MadDog Trading LLC are based on a computerized algorithm. Past performance is not indicative of future results. All signal alerts generated by MadDog Trading LLC are provided for informational and educational purposes only. Any trades placed upon reliance on MadDog Trading LLC systems are taken at your own risk for your own account. MadDog Trading LLC is not responsible for the trading results of third party money managers who claim to use FX-K10 to generate trade signals. MadDog Trading LLC does not endorse or promote third party money managers who claim to generate trade signals from FX-K10.
MDT's forex analysis and fx-market algorithm
Linear Mode
