Trade
Follow Us

Resources

DailyFX Home / Analyst Picks

EUR/USD, GBP/USD Scalping Strategies

By Michael Boutros, Currency Strategist
22 November 2011 14:35 GMT

I continue to eye the euro and the sterling as we play through our scalping targets. Our medium-term bias remains weighted to the downside noting that short-term rebounds against our bias are likely. For all the scalping charts and complete levels on the EUR/USD and GBP/USD refer to yesterday’s Scalping Report.

I’ll also be actively scalping the Aussie which continues to play within our setup with precision. Here are the levels I’m watching on the AUD/USD.

Join me live for today’s Scalping Webinar at 1500GMT to review these scalps setups and more.

Follow me on twitter for updated charts and new setups at MBForex.

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.
Learn forex trading with a free practice account and trading charts from FXCM.

22 November 2011 14:35 GMT