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The following pairs are on MSF Weekly BUY and SELL Trade Ideas lists for Monday, August 21 to Friday, August 25, 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 ZONE*                     STOP LOSS ZONE*

EURGBP                      0.85373                                0.866539-0.87010                    0.85041-0.85230

NZDCHF                      0.52264                                0.52353-0.52776                       0.51999-0.82037

SELL LIST

GBPCAD                     1.72494                                  1.68860-168.588                       1.73349-1.72998

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

*Traders must determine their Target based on their entry AND Traders their Stop Loss level based on their trading capital and risk appetite. Above levels are just suggestions.

WE DO NOT USE STOP LOSSES AND CHANGE OUR TARGETS FROM TIME TO TIME BASED OF MARKET VOLATILITY

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.