0.0 00 Points to consider in this Kiwi Dollar market: The Kiwi Dollar seems to have formed a new top below 0.73 against the US Dollar. There is no short NZD trade at this time as …
Read More »Video: USD/JPY Barely Moves on Poor Japanese Data
0.0 00 Some points to consider in this Forex market: Following the release of data, both the USD/JPY and the Nikkei 225 were little moved. Industrial production grew at 0.2 percent. Expected was 1.8 percent. The …
Read More »Video: EUR/GBP – Choppy Range Trade Now in Play
0.0 00 Some points to consider: The euro is stuck in a choppy range trade against the British Pound. This is below the 0.74 handle. There is no directional cues for a trade opportunity Trade Strategy: …
Read More »Video: USD/CAD – Waiting on a Long Trade Opportunity
0.0 00 Three points to consider: US Dollar looking to rally after testing the channel floor. Waiting on oil inventories before entering a long USD trade. Trade Strategy: Stand Aside The USD/CAD Forex market is trying …
Read More »Video: NZD/USD – Short Trade in Play
0.0 00 Some points to consider: New Zealand Dollar looks vulnerable for more losses after breaking through the range floor Short trade now in play aiming for below the 0.6310 pivot. Trade Strategy: Short at 0.6369 …
Read More »Video: GBP/USD – The Sterling is Rejected at 1.57 and Continues to Wander
0.0 00 The GBP/USD Forex market tried to break the familiar range trade to the upside once again but bounced off of the 1.57 resistance level. Instead, this Forex market formed a bearish engulfing candlestick. We …
Read More »Video: EUR/USD – The Euro Stall below 1.12 and Looks to Turn Lower
0.0 00 The EUR/USD Forex market is setting up to turn lower. The euro had been inching higher against its US Dollar candlestick before stalling below the 1.12 pivot. The EUR/USD now appears to be forming …
Read More »Video: NZD/USD – The Kiwi Attempts to Form a Double Bottom
0.0 00 The NZD/USD Forex market is attempting to form a double bottom and edge higher once again. There is the formation of a bullish engulfing candlestick which indicates another bounce higher is in the cards. …
Read More »Video: EUR/USD – The Euro Continues to Inch Higher
0.0 00 The EUR/USD Forex market continues to move higher with five straight days of gains. However, the overall trend for the euro remains quite bearish, and we should focus on the larger picture. Technical Analysis …
Read More »Video: USD/JPY – Sellers Eye Support Above ¥124
0.0 00 The USD/JPY Forex market looks to be turning lower over the next trading sessions. The US Dollar put in a bearish evening star candlestick which supports this impending move lower. Technical Analysis Looking at …
Read More »