Market Context (Today)
EUR/USD trading around 1.1540–1.1550 in quiet conditions ahead of US data
Euro still under pressure from energy-driven inflation and weak outlook
USD remains supported overall, but showing short-term mixed signals
Market = choppy + news-driven
This means:
Trade ranges and key levels
Expect fake breakouts
1. EUR/USD — Sell Resistance
Bias: Bearish
Entry: 1.1560 – 1.1580
Stop Loss: 1.1620
Take Profit 1: 1.1500
Take Profit 2: 1.1440
Reason:
Price below key moving averages
Resistance near 1.1550–1.1600
Bearish pressure remains
2. GBP/USD — Range Trade
Bias: Neutral (range)
Buy: 1.2620
Sell: 1.2720
Stop Loss: 40–50 pips
Target: 60–100 pips
Reason:
No strong direction
Moving with USD sentiment
Best for intraday range trading
3. USD/JPY — Sell High
Bias: Bearish near resistance
Entry: 159.50 – 160.00
Stop Loss: 160.80
Take Profit 1: 158.20
Take Profit 2: 157.00
Reason:
Strong resistance near 160
Intervention risk from Japan
Overextended move
4. AUD/USD — Buy Dip
Bias: Bullish (risk sentiment)
Entry: 0.6880 – 0.6900
Stop Loss: 0.6840
Take Profit: 0.6970 – 0.7020
Reason:
Risk currency recovering
Good support zone
5. Gold (XAUUSD) — Buy Pullback
Bias: Bullish
Entry: 2210 – 2225
Stop Loss: 2190
Take Profit: 2260 – 2300
Reason:
Safe haven demand still strong
Volatility supports upside
Best Trades Today
EUR/USD sell
USD/JPY sell
Gold buy