0.0 00 EUR/GBP (0.7606) Points to consider in this Forex market: This Forex market is trading quietly above the 0.75 pivot. Waiting on the Bank of England (BoE) policy decision to offer direction. Trade strategy The …
Read More »AUD/USD – US Dollar Collapses vs the Aussie
0.0 00 Points to consider in this Forex market: The Australian Dollar rallies the most in eight months in this market. Will still consider this as a corrective rebound as the bearish downtrend remains in play. …
Read More »NZD/USD – The Dollar Falls as the Support at 0.64 Holds
0.0 00 NZD/USD (0.6655) The New Zealand Dollar gaps higher. Largest daily gain in nearly a year (11 months). Looking for the first available short NZD sale in line with the larger bearish trend in this …
Read More »EUR/USD – Short Euro Trade back in Play
0.0 00 EUR/USD (1.0906) Points to consider in this Forex market: The euro’s recovered stalled below 1.10 once again. Short trade at 1.0925 has been triggered. Trade strategy: short euro sale @1.0925. First target is 1.0830 …
Read More »AUD/USD – Short AUD Sale Now Live at 0.7101
0.0 00 Points to consider in this Forex market: The Australian Dollar has fallen the most in one day at it has in three weeks. The bear trend is now back on. Short AUD sale at …
Read More »EUR/JPY – The Recent QE Making the Yen Weaker
0.0 00 The EUR/JPY Forex market launched higher after the Bank of Japan (BOJ) launched a new round of Quantitative Easing (QE) into their markets. This form of QE came as negative interest rates, a first …
Read More »EUR/GBP – Buyers Now Set Crosshairs on 0.77 and Higher
0.0 00 Talking points to consider in this Forex market: The euro is now trading above 0.76 which suggests buyers are setting crosshairs on 0.77 and higher. Still waiting on a short euro sale in line …
Read More »EUR/USD – The Euro Shatters the Channel Top
0.0 00 EUR/USD (1.0947) Points to consider in this Forex market: The euro breaks through the channel resistance which could be a bullish sign. Will wait for another short euro sale in line with my overall …
Read More »AUD/USD – Correction Higher Could Provide a Short
0.0 00 AUD/USD (0.7137) Points to consider in this market: Aussie Dollar continues its recovery. Prices at three week high. The overall downtrend remains bearish. Looking for the correction higher to lose steam. Trade strategy: Stand …
Read More »NZD/USD – The New Zealand Dollar is Above 0.64
0.0 00 Points to consider in this Forex market: With the Reserve Bank of New Zealand (RNBZ) rate decision looming, we could see a break of the range soon. Looking for another short New Zealand Dollar …
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