0.0 00 Some points to consider in this equity market: The next upside barriers are 4,918.45 and then 5,075. There is good upside momentum now driving prices higher. Trade strategy: Stand aside In the stock market …
Read More »CAC 40 – The French Stock Bourse Breaks Higher
0.0 00 France’s headline stock bourse, the French CAC 40 broke higher yesterday as it soared three percent. This French stock index is now above a critical resistance level on our daily MT 4 chart. The CAC 40 …
Read More »NZD/USD – The Kiwi is Trading Near the Trend Line
0.0 00 Points to consider in this Forex market: The Kiwi is struggling to extend its rally near a long term trend line. Waiting for a short NZD sale to come into play. Trade strategy: Stand …
Read More »EUR/GBP – The Euro could be Running out of Steam
0.0 00 Points to consider in this Forex market: The euro sees its highest daily gain in 13 months, new 2016 high for price point. Waiting for short euro sale opportunity in line with my overall …
Read More »USD/CNH – Yuan Continues to Extend its Recovery
0.0 00 Points to consider in this Forex market: Head and Shoulders chart formation complete in this market. Fundamental instability and technical positioning argue against a trade now. Trade strategy: Stand aside The USD/CNH Forex market …
Read More »USD/CNH – Yuan Looks to Extend its Recovery
0.0 00 USD/CNH (6.5769) Points to consider in this Forex market: Head and Shoulders chart formation complete in this market. Fundamental instability and technical positioning argue against a trade now. Trade strategy: Stand aside The USD/CNH …
Read More »EUR/GBP – Euro Gap Higher Seen as Corrective
0.0 00 Points to consider in this Forex market: The euro sees its highest daily gain in 13 months, new 2016 high for price point. Waiting for short euro sale opportunity in line with my overall …
Read More »NZD/USD – The Kiwi Dollar is Rejected at the Trend Line
0.0 00 NZD/USD (0.6635) Points to consider in this Forex market: The Kiwi Dollar moved lower after failing at the critical trend line resistance. Waiting on a viable short NZD trade to come into play. Trade …
Read More »AUD/USD – The Aussie Dollar Plummets Lower
0.0 00 Points to consider in this Forex article: The Australian Dollar has fallen against the US Dollar this morning. Its largest daily drop in 6 months. From a technical viewpoint, there is no AUD trade …
Read More »ASX 200 – Trend Line Will Determine Recovery
0.0 00 Points to consider in this article: Strong momentum with recovery is a good sign. Triple bottom near 4,918 should limit the downside. Trade strategy: Stand aside Australia’s headline stock bourse, the S&P ASX 200, …
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