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Tuesday, August 1, 2023 – Daily Forecast Idea

The following pairs are on MSF Daily BUY/SELL lists for Tuesday, August 1, 2023. Trades will be executed ONLY when an entry signal is generated by our proprietary indicators in the direction of the anticipated trend.

Please note that some of the pairs on our trading lists may be at their extreme levels. Therefore, “FAKE” reversal signals may occur.  Allow the pairs to search for liquidity before entry.

BUY LIST

PAIRS                          CLOSING PRICE                       TARGET IDEAS                   STOP LOSS IDEAS

EURAUD                         1.63683                                  1.6484 – 1.6593                             1.6304

EURCAD                         1.44990                                  1.4601 – 1.4630                              1.44483

EURNZD                         1.77116                                   1.7814 – 1.7912                              1.7685

 

SELL LIST

PAIRS

NZDCHF                          0.54092                                0.5380 – 0.5356                             0.5419

NZDUSD                          0.62074                                0.6186 – 0.6153                              0.6226

CADCHF                          0.66080                                0.6588 – 0.6570                             0.6618

An email will be sent if there are any changes to the above forecast.

Happy trading,

MSF Team

Disclaimers:

This is for educational purposes only. Should you decide to trade any pair listed above, please do your due diligence and trade at your own risk. We are not responsible for any losses or profits made. Traders must know the risks involved in trading the Forex Market and must only use risk capital when doing so. Risk capital means MONEY THEY CAN AFFORD TO LOSE.

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