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Week 19 - 2021. Trades review and trade set ups

Hey Traders,


Last Friday's Non farm payroll made a huge miss versus the expected numbers. Showing us that the US economy is still in the "recovery state" and that interest rate likely would not rise anytime soon. Causing the US dollar to move down lower while stock is enjoying the ride in early week of May, with the Dow and S&P breaking new high for the week.


Next week's economic news to look out for would be the US CPI report & Retail Sales.



Dollar Index (DXY)

Weaker dollar across the board as it reverses strongly from the resistance zone at 91.25.



Spot Gold (XAU/USD)

Gold enjoyed the fall on bond yield after the release of the NFP result, breaking pass 1,800 targeting 1850 next.



Trade Recap


NZD/JPY (Analysis 18-2)


Recap (Week 18 - Last Week) Take Profit - 1 level

Long position reached Take Profit - 3 level where we announced to close fully.



Spot Gold (XAU/USD)


Recap (Week 16 - 2 Weeks Ago) Take Profit - 2 level


Recap (Week 18 - Last Week) Take Profit - 3 level

Long position reached Take Profit - 3 level where we announced to close / partial.



EUR/USD (Exclusive Trade)


Recap (Week 17 - 2 Weeks Ago) Take Profit - 2 level


Recap (Week 18 - Last Week) Take Profit - 3 level

Long position reached Take Profit - 3 level where we announced to close / partial.



Trade Analysis / Setups


AUD/CAD (Analysis 19-1)

Long opportunity: Break and retest confirmation at 0.9537 region towards 0.96258.


Short opportunity: Break and retest confirmation at 0.9456 region towards 0.93555.

NZD/CAD (Analysis 19-2)

Long opportunity: Break and retest confirmation at 0.8850 region towards 0.89285.


Short opportunity: Break and retest confirmation at 0.8793 region towards 0.8750.



Sugar No.11 Futures (Analysis 19-3)

Short opportunity: Break and retest confirmation at 16.7 region towards 15.85.



NZD/JPY (Analysis 19-4)

Long opportunity: Break and retest confirmation at 79.018 region towards 80.59.


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Cheers to all our member who managed to pack some profits this trading week.


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