Week ahead – focused on $pairs

Many ranges have been created during Friday. No significant gaps around except one {cca 45pips} in EURAUD. With current development EURAUD can provide the best possible entry at 1.5100. For that reason I have placed my SELL LIMIT order at this level with target of 150pips and risk 100pips. This trade will be adjusted straight away after my wake up tomorrow and if by that time the trade wont move significantly by 1PM will be terminated.

For other currencies I am following GBP pairs especially GBPUSD (long) trade. And other dollar pairs like USDCHF (short). USDCHF has been trading in the range for several sessions and is providing bearish bias on all fronts. Last trade I am interested in is AUDUSD long. So basically I am expecting USD pairs to weaken. I do not like any of the JPY pairs at the moment but that might change quickly after today. The reason why I have focused on USD pairs is also due to heavy USD calendar:

Tomorrow I am expecting to session trade during afternoon. So more outputs there. Have a good trading week.