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  • Written by Javier Yep Garcia

Trading ideas March 28th 2016. EURUSD, GOLD, NASDAQ, USDJPY, GBPCAD

FXPRO

UPDATE: Most of positions below have been closed before Yellen's speech and then reversed after the dovish tone.

Since our latest post, last month, markets have been showing a "bullish" sentiment. Possibly, we could see a continuation after this long weekend of Easter. That been said, caution is necessary, volatility is still here.

Trading Ideas (Mar. 28th)

Important:
1- These are estimations and they might change as the week goes on.
2- Changes of view (trades) are not posted here, but in the
Private Trading Room, live. (Special offer here. Limited offer.)
3- You are free and only responsible by taking these trading ideas. We don't push anyone to take them as absolute ideas.

GOLD:
 Current price is 1214.21. As we stated in our previous Trading Ideas post, We could see the metal continue going down, to 1170 and even lower. We continue selling. 

EURUSD: Current price is 1.11567. We are selling since 1.12500 levels. The pair could be heading to 1.08, 1.06 levels. We are selling.

USDJPY: Current price 113.450.  Possibly now heading to 116.000 levels.

WTI OIL: Current price is 40.10. We should not be surprised to see it at 43.00, 45.00 levels.

NASDAQ FUTURES: Current price is 4407. We just started buying at 4405 with SL at 4388. 

GBPCAD, We will look to sell (more).

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