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EURUSD, GBPUSD, USDJPY (Scalping Strategies)

EURUSD, GBPUSD, USDJPY (Scalping Strategies)

Michael Boutros, Strategist

I’ve been actively scalping setups in the EURUSD, GBPUSD, and the USDJPY. Our medium-term bias on the euro and the sterling are weighted to the topside with daily technical suggesting further topside potential on these pairs as the dollar remains under pressure. Accordingly we will look to buy into weakness on these two pairs.

Click here for the GBPUSD Scalp Chart

Click here for the EURUSD Scalp featured in this morning’s Winners/Losers report.

Click here for the latest Scalping the Waves report on the USDJPY setup featuring Elliot wave analysis by Jamie Saettele.

Follow these scalps and get the latest scalp charts by following me on Twitter at MBForex.

Join me tomorrow morning for a Live Scalp Webinar at 1330GMT (8:30ET)

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.