0.0 00 Points to consider in this article: Momentum signals are flattening out in this equity market. Waiting for a breach out of this consolidation trade to indicate direction. Trade strategy: Stand aside The S&P ASX …
Read More »NZD/USD – The Kiwi Breaks the Resistance from 2014
0.0 00 NZD/USD (0.6695) Points to consider in this Forex Market: The Kiwi Dollar has broken through the resistance from July 2014. Standing aside as a narrow breakout muddles with my fundamental outlook Trade strategy; Stand …
Read More »AUD/USD – The Aussie Breaks the Trend Line
0.0 00 AUD/USD (0.7227) Points to consider in this Forex market: The Aussie Dollar has broken through a key trend line resistance level. Waiting this correction to fizzle to enter a short AUD trade. Trade strategy: …
Read More »EUR/GBP – Critical Trend Line Now in Focus
0.0 00 Points to consider in this Forex market: The euro hit a 14 month high then pulled back. Traders are eyeing a key trend line support. Waiting on bearish confirmation for short euro trade. Trade …
Read More »NZD/USD – Kiwi is Locked in a Narrow Trading Range
0.0 00 NZD/USD (0.6629) Points to consider in this Forex market: The Kiwi Dollar is in a narrow trading range below the July 2014 resistance. Still waiting on a short NZD sale in line with the …
Read More »AUD/USD – Buyers Still Looking to Buy the Aussie
0.0 00 AUD/USD (0.7106) Points to consider in this Forex market: Two days ago, the Australian Dollar sees biggest daily gain in two weeks. Finds support above 0.70. However, with the bearish AUD outlook, still waiting …
Read More »EUR/GBP – Pivotal Support at Trend Line in Play
0.0 00 EUR/GBP (0.7785) Points to consider in this Forex market: Euro hits a 14 month high then retraces gains. Now at pivotal support. Waiting on confirmation of downtrend before placing short trade. Trade strategy: Stand …
Read More »EUR/USD – Euro Slams into Resistance
0.0 00 Points to consider in this Forex market: The euro slams into key resistance (former support) and moved lower. Key trend line from mid-March held. Trade strategy: Stand aside The EUR/USD Forex market turned lower …
Read More »AUD/USD – Traders Eye Key Resistance
0.0 00 AUD/USD (0.7156) Points to consider in this Forex market: Australian Dollar sees biggest daily gain in two weeks. Finds support above 0.70. Still waiting on desirable short AUD trade to come along. Trade strategy: …
Read More »USD/CAD – The Loonie Stalls Near the December High
0.0 00 Points to consider in this Forex market: The US Dollar appears to run out of steam for the time being against the Canadian Dollar. Available trading range (ATR) is too narrow to justify a …
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