Daily Forex Analysis 28 AUG 2018

A couple of charts and a handful of trade ideas for those who are interested in trading Forex.
The system involves daily pivot points.
The data on charts is determined by what price did.
Trading is mostly reactive.
The most profitable traders are very good risk managers, not future predictors.

EURUSD 28 AUG 2018

Long positions above 1.1655

Key levels to target on the upside: 1.1685, 1.1716, 1.1735, 1.1754, 1.1815

Look for reversal signs inside the area 1.1735 – 1.1754

Projected high of the day: 1.1740

Short positions below 1.1655

Key levels to target on the downside: 1.1636, 1.1617, 1.1586, 1.1556, 1.1517

Look for reversal signs inside the area 1.1586 – 1.1556

Projected low of the day: 1.1618

GBPUSD 28 AUG 2018

Long positions above 1.2873

Key levels to target on the upside: 1.2895, 1.2918, 1.2931, 1.2945, 1.2990

Look for reversal signs inside the area 1.2931 – 1.2945

Projected high of the day: 1.2945

Short positions below 1.2873

Key levels to target on the downside: 1.2859, 1.2846, 1.2823, 1.2801, 1.2774

Look for reversal signs inside the area 1.2823 – 1.2801

Projected low of the day: 1.2817

USDJPY 28 AUG 2018

Long positions above 111.114

Key levels to target on the upside: 111.205, 111.296, 111.411, 111.526, 111.708

Look for reversal signs inside the area 111.411 – 111.526

Projected high of the day: 111.659

Short positions below 111.114

Key levels to target on the downside: 110.999, 110.884, 110.793, 110.702, 110.472

Look for reversal signs inside the area 110.793 – 110.702

Projected low of the day: 110.685

TRADE WELL !