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Video / 05 July 2016 at 7:00 GMT

Looking to short EURUSD: Coleman

Ian Coleman - First 4 Trading
Ian Coleman of First 4 Trading is looking to short EURUSD. 

He explains his technical analysis of the weekly, daily and four–hour charts. 

Coleman plans to short at 1.1200 with a stop at 1.1240. His target is 1.1080.


05 July
goldfinger goldfinger
What happened to 1.08 suggested last week?
05 July
Ian Coleman - First 4 Trading Ian Coleman - First 4 Trading
it is still a Fibonacci extension,. That is an intraday target (base of the channel)
05 July
goldfinger goldfinger
Thanks Ian
05 July
Anton Bushin Anton Bushin
Hi Ian, what do you think about EURGBP?
05 July
Ian Coleman - First 4 Trading Ian Coleman - First 4 Trading
Morning Anton ... I think its overdone. Looks like a wedge to me but no signs of reversing as yet
05 July
Anton Bushin Anton Bushin
Thank you!
05 July
Ian Coleman - First 4 Trading Ian Coleman - First 4 Trading
1.2970 is a big level in GBPUSD... would only really look at EURGBP shorts when/if GBPUSD reaches there
07 July
Mazenas1 Mazenas1
Don't you think that GBPUSD has the momentum to go lower $1.26 ! and what is the best level to short EURGBP !! Thanks
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