0.0 00 EUR/GBP (0.7903) Points to consider in this euro Forex market: The euro breaks above the monthly trend resistance and is now above 0.79. There is a dominant longer term downward trend in play in …
Read More »Euro Looks to Extend its Winning Ways
0.0 00 EUR/USD (1.1592) Points to consider in this Euro Forex market: Euro on pace to see its longest winning streak since 2013 in this Forex market. Looking for corrective gains to provide an opening for …
Read More »NZD/USD – Top below 0.70/71 Holds for the Kiwi
0.0 00 Points to consider in this Kiwi Dollar Forex market: The Kiwi Dollar’s recent surge stamps out the trend line break but the top at 0.70/71 holds for now. Waiting for correction higher to lose …
Read More »Short Euro Sale Closed out at Breakeven
0.0 00 EUR/USD (1.1404) Points to consider in this Euro Forex market: Euro sees five straight days of gain as it tries to break out of the down trend from April. Gains, for now, are seen …
Read More »USD/CNH – The Dollar Consolidates in this Market
0.0 00 Points to consider in the US Dollar Forex market: The US Dollar is trading sideways after hitting a one month high against the Yuan. The loss of momentum but no actionable trade setup means …
Read More »AUD/USD – Key Support Now under Pressure
0.0 00 Talking points in this Forex market: The Australian Dollar is challenging a key monthly support level after weak first quarter CPI data. Waiting on a short AUD sale opportunity. Trade strategy: Stand aside The …
Read More »Fresh New Zealand Dollar Short Sale in Play
0.0 00 NZD/USD (0.6866) Points to Consider in this New Zealand Dollar Forex market: The New Zealand Dollar funds some support after falling to a new monthly low. New short trade in play even though stop …
Read More »EUR/USD – Short Euro Sale Hits First Target
0.0 00 Points to consider in this euro Forex market: Euro finds support at 1.12 and moves higher. 50% profit taken on open euro sale. First objective met Trade strategy: Short euro sale at 1.1389 remains …
Read More »Japan’s Nikkei 225 Moves below Support
0.0 00 Points to consider with the Nikkei stock market: The bullish momentum with Japan’s stocks is waning as the RSI moves lower. Support levels to watch are at 17,140 and 16,461. There is resistance at …
Read More »GBP/JPY – The Sterling Pushes Higher
0.0 00 Points to consider in this Sterling Forex article: The Sterling continues to move higher after hitting major support at 151.60. Trading strategy: Stand aside The GBP/JPY Forex market has been setting a new series …
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