Kim Cramer Larsson
Areas covered in this webinar by Saxo Bank technical analyst Kim Cramer Larsson include EURUSD, USDJPY, GBPUSD, EURGBP, gold, silver, S&P 500, the Nasdaq, the Dax, the FTSE and the Dow Jones.
Day trade
Trade view / 03 January 2018 at 6:38 GMT

EURUSD tracks key channel higher

Partner at 3 C ANALYSIS / 3cAnalysis
United Kingdom
Instrument: EURUSD
Price target: 1.2121
Market price: 1.2055

The downside rejection of December’s lows extended yesterday. 

This latest improvement took EURUSD close to last year’s highs and although the highs were not maintained, the market is tracking the upper band of a positively trending Keltner channel. 

So, allowing for the limited profit-taking scenario to continue, we look for investor demand to extend through 2015 highs.

Management and risk description

A move to 1.2082 means the stop can be raised to break even.


Entry: buy in 1.2050/55 area and at 1.2026.

Stop: 1.1994 offered.

Target: 1.2082, 1.2121 or even 1.2158

Time horizon: Intraday, closing 1600 GMT.

Positive channel
Positive Channel
Limited setbacks
Limited Setbacks
Long term
Long Term
Source: all charts CQG. Create your own charts with SaxoTrader; click here to learn more 

– Edited by Gayle Bryant

For more on forex click here

Non-independent investment research disclaimer applies. Read more
A compiled overview of Trade Views provided on is found here
themis themis
Hi Alan, happy new year
Are still in favor of this placement pls?
AlanCollins AlanCollins
No themis. bit late in the day anyway but signals have not worked out as I originally analysed.
themis themis
Thanks v m
Mattyboy Mattyboy
My trade only just closed haha but still managed a profit :)
Alan M Alan M
Nicely done Alan! Hope you stuck to your guns on this one
AlanCollins AlanCollins
All my calls on here are intraday only. ending 16.00GMT. so this idea was dead then. Nonetheless pleased for Mattyboy that he had the conviction to hold. I'm too impatient
Mattyboy Mattyboy
Cheers mate


The Saxo Bank Group entities each provide execution-only service and access to permitting a person to view and/or use content available on or via the website is not intended to and does not change or expand on this. Such access and use are at all times subject to (i) The Terms of Use; (ii) Full Disclaimer; (iii) The Risk Warning; (iv) the Rules of Engagement and (v) Notices applying to and/or its content in addition (where relevant) to the terms governing the use of hyperlinks on the website of a member of the Saxo Bank Group by which access to is gained. Such content is therefore provided as no more than information. In particular no advice is intended to be provided or to be relied on as provided nor endorsed by any Saxo Bank Group entity; nor is it to be construed as solicitation or an incentive provided to subscribe for or sell or purchase any financial instrument. All trading or investments you make must be pursuant to your own unprompted and informed self-directed decision. As such no Saxo Bank Group entity will have or be liable for any losses that you may sustain as a result of any investment decision made in reliance on information which is available on or as a result of the use of the Orders given and trades effected are deemed intended to be given or effected for the account of the customer with the Saxo Bank Group entity operating in the jurisdiction in which the customer resides and/or with whom the customer opened and maintains his/her trading account. When trading through your contracting Saxo Bank Group entity will be the counterparty to any trading entered into by you. does not contain (and should not be construed as containing) financial, investment, tax or trading advice or advice of any sort offered, recommended or endorsed by Saxo Bank Group and should not be construed as a record of ourtrading prices, or as an offer, incentive or solicitation for the subscription, sale or purchase in any financial instrument. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, would be considered as a marketing communication under relevant laws. Please read our disclaimers:
- Notification on Non-Independent Invetment Research
- Full disclaimer

Check your inbox for a mail from us to fully activate your profile. No mail? Have us re-send your verification mail