Join our community of traders FOR FREE!

  • Learn
  • Improve yourself
  • Get Rewards
Learn More

EUR/USD: The pairs open price (value) (1.0973) falls within the Camarilla S3-R3 range. Therefore, one should look to enter long above 1.0953 with targets at 1.0984, 1.0991 and 1.1000, with the stop-loss order being placed a few pips below 1.0930. On the other hand, one should look to sell the pair below 1.1000 with targets at 1.0968, 1.0960 and 1.0953, with the stop-loss order being placed a few pips above 1.1022.

USD/JPY: The pairs open price (value) (106.15) falls within the Camarilla S3-R3 range. Therefore, one should look to enter long above 105.90 with targets at 106.21, 106.28 and 106.36, with the stop-loss order being placed a few pips below 105.67. On the other hand, one should look to sell the pair below 106.36 with targets at 106.05, 105.98 and 105.90, with the stop-loss order being placed a few pips above 106.59.

Silver for September delivery: The metals open price ($19.690) falls within the Camarilla S3-R3 range. Therefore, one should look to enter long above $19.585 with targets at $19.724, $19.759 and $19.794, with the stop-loss order being placed just below $19.480 a troy ounce. On the other hand, one should look to sell the commodity below $19.794 with targets at $19.654, $19.619 and $19.585, with the stop-loss order being placed just above $19.898 per troy ounce.

Crude Oil for September delivery: The commoditys open price ($44.21) falls within the Camarilla S3-R3 range. Therefore, one should look to enter long above $43.86 with targets at $44.30, $44.41 and $44.52, with the stop-loss order being placed just below $43.52 a barrel. On the other hand, one should look to sell the commodity below $44.52 with targets at $44.08, $43.97 and $43.86, with the stop-loss order being placed just above $44.86 per barrel.

Copper for September delivery: The commoditys open price ($2.236) falls within the Camarilla S3-R3 range. Therefore, one should look to enter long above $2.222 with targets at $2.238, $2.242 and $2.246, with the stop-loss order being placed just below $2.210 a pound. On the other hand, one should look to sell the commodity below $2.246 with targets at $2.230, $2.226 and $2.222, with the stop-loss order being placed just above $2.258 per pound.

TradingPedia.com is a financial media specialized in providing daily news and education covering Forex, equities and commodities. Our academies for traders cover Forex, Price Action and Social Trading.

Related News

  • Nasdaq 100 Futures Drop 1.20% as Wall Street Equities Slide Following US Credit Rating DowngradeNasdaq 100 Futures Drop 1.20% as Wall Street Equities Slide Following US Credit Rating Downgrade Key Moments:Moody’s recently lowered the US credit rating to Aa1, citing rising deficits and refinancing risks. Futures for major indexes declined on Monday, with Nasdaq 100 futures down 1.20%. The decline in futures on Monday […]
  • Forex Market: USD/CAD daily trading forecastForex Market: USD/CAD daily trading forecast Friday’s trade saw USD/CAD within the range of 1.3159-1.3291. The pair closed at 1.3284, rising 0.84% on a daily basis, which has been the most considerable rate of increase since September 1st, when it appreciated 0.94%.At 9:55 GMT today […]
  • Forex Market: USD/CAD daily trading outlookForex Market: USD/CAD daily trading outlook Yesterday’s trade saw USD/CAD within the range of 1.3528-1.3642. The pair closed at 1.3635, going up 0.42% on a daily basis, while marking its fifth gain in the past six trading days. The daily high has been the highest level since June 22nd […]
  • Forex Market: EUR/AUD trading forecast for MondayForex Market: EUR/AUD trading forecast for Monday During Friday’s trading session EUR/AUD traded within the range of 1.4371-1.4446 and closed at 1.4418, gaining 0.07% for the day and 0.87% on a weekly basis.Fundamental viewConfidence among investors in the Euro zone was probably lower […]
  • USD/SGD falls to 118-month low on bets of out-sized Fed cutUSD/SGD falls to 118-month low on bets of out-sized Fed cut The USD/SGD currency pair plunged to 1.2932, a level not seen since mid-November 2014, on Tuesday, as market players increased wagers on an imminent super-sized interest rate cut by the Federal Reserve this week.Meanwhile, data showed […]
  • Forex Market: EUR/JPY trading forecast for MondayForex Market: EUR/JPY trading forecast for Monday Friday’s trade saw EUR/JPY within the range of 148.25-149.51. The pair closed at 148.27, gaining 0.01% on a daily basis and 0.29% for the whole week.FundamentalsEuro zoneGerman industrial outputGermanys seasonally adjusted […]