Fundamental Summary

– For an update on the latest fundamental news please read Kate’s post here. Kate updates this daily, show your support and give her some love.
– http://forex.today/forex-trade-idea/forex-major-currencies-outlook-june-02-2016/

Technical Summary
– Bear targets have been marked with a cross. Bull targets have been marked with a check.
– Support areas have been marked with green and an arrow showing up – if you are a bull you could look to buy here
– Resistance areas have been marked in pink with an arrow pointing down – if you are a bear you could look to sell here
– Keep in mind that when price passes through a resistance area that area could act as support in the future. This would include role reversal price action, pivot points and psych levels. The same applies with support.
– Also keep an eye on dynamic support and resistance in the form of the moving averages.
– Green trend lines indicate support. Red trendlines indicate resistance.
– Lastly keep an eye on the stochastic cycles on daily, H4 and H1

GBPUSD Daily
GBPUSD H4
USDJPY Daily
USDJPY H4
GBPJPY Daily
GBPJPY H4

One thought on “Pig Dog, Gopher and Beast 3 June 2016”

  1. Ryan van Jaarsveld says:

    Please note the error in the heading – this is for 2 June and not 3 June. Apologies for the typo.

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