0.0 00 Points to consider in this euro article: The euro has broken the two week down trend against the British Pound. Suggest gains are ahead. Final profit booked on short trade as position closed above …
Read More »The Euro should Ignore Today’s IFO Data
0.0 00 Points to consider with the euro: The euro should ignore today’ German IFO business confidence survey. The financial markets are still trying to comprehend the new US fiscal policy. This morning, the yen correct …
Read More »Canadian Dollar Takes aim above 1.34
0.0 00 Points to consider about the Canadian Dollar: The US Dollar is poised to break its near-term downtrend against the Canadian Loonie. Long USD trade now in play for push above 1.34. Trade Strategy: Long …
Read More »The Kiwi Dollar Might be getting ready to Breakout
0.0 00 Points to consider with the Kiwi Dollar: The Kiwi Dollar appears to be setting up to break out of the near term downtrend. There is no actionable trade setup at this time. Trade strategy: …
Read More »The Australian Dollar continues to Move Lower
0.0 00 Points to consider with the Australian Dollar: The Australian Dollar is now short AUD at 0.7328. Aussie Dollar forms a bearish candlestick on the daily chart. Trade Strategy: Short AUD sale now in play …
Read More »The Aussie Dollar Getting Ready to Move Higher
0.0 00 Points to consider in this Aussie Dollar Forex article: The Aussie Dollar has inched higher breaking back above the two-week long range resistance level. There is no actionable trade at this time. Will wait …
Read More »Looks Like the euro is Turning Lower Again
0.0 00 Points to consider with this euro Forex article: The euro breaks through the counter-trend support. Suggests the longer-term bearish market is back in play. No trade from a risk to reward perspective. Trade strategy: …
Read More »Kiwi Dollar sees a Possible Top Forming
0.0 00 Points to consider with this Kiwi Dollar Forex market: The Kiwi Dollar is forming an evening star candlestick which is a sign the bearish trend is returning. Price action is too close to a …
Read More »The Kiwi Dollar Looks to Fall Lower
0.0 00 Points to consider in the Kiwi Forex market: A shooting star candlestick is forming hinting at a move lower with the New Zealand Dollar. No confirmation as of yet to pull the trigger on …
Read More »Euro remains bearish Despite Correction Higher
0.0 00 Points to consider in the euro Forex article: Euro posts the largest two day rally in six months against the US Dollar. Waiting on the correction to end to place another desired short EUR …
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