0.0 00 AUD/USD (0.7041) Points to consider in this Forex market: The Ozzie Dollar has hit a three week after finding some support near 0.68. Still waiting on an actionable short Ozzie sale setup. Trade strategy: …
Read More »EUR/GBP – The Euro is Trying to Push Back Higher
0.0 00 EUR/GBP (0.7570) Points to consider in this Forex market: Euro is trying to launch a recover in this market. There is some support above 0.75. Still need a good price position to warrant a …
Read More »EUR/USD – Euro Finds Support Near 1.08
0.0 00 Points to consider in this Forex market: Euro has found some support near 1.08. This comes after setting a three week low in this Forex market. Short position remains open as the overall trend …
Read More »NZD/USD – New Zealand Dollar Roars Higher
0.0 00 Some points to consider in this Forex market: Last week the New Zealand Dollar gaped higher. The biggest daily move higher in three months. Still waiting on the opportunity to enter a short New …
Read More »Nikkei 225 – Nikkei in a Corrective Range
0.0 00 Points to consider in this article: There is resistance lining up at 17,652 and at the 20 day moving average (DMA) at 17,630. Failure to breach higher will keep this market in a correction. …
Read More »AUD/USD – Short Australian Dollar Play in Play
0.0 00 AUD/USD (0.7019) Points to consider in this Forex market: The Australian Dollar is digesting losses after moving lower. Short Position now in play Short AUD at 0.69 The AUD/USD Forex market is consolidating after …
Read More »USD/CNH – Intervention Risk is Turning the Market Upside Down
0.0 00 Talking points to consider in this Forex market: US Dollar finds some point and sees a sharp gain. Too much intervention risk to justify any trade. Trade strategy: Stand aside The USD/CNH Forex market, …
Read More »EUR/USD – Short Euro Trade Now in Play
0.0 00 Points to consider in this Forex market: Euro has been struggling at the channel top even though money has been flying in thanks to risk aversion on Short sale trade now active above the …
Read More »EUR/GBP – Hanging Man Hints at a Move Lower
0.0 00 EUR/GBP (0.7626) Points to consider in this Forex market: The euro’s recover stalls below the 0.77 pivot. The EUR/GBP has hit a fresh yearly high. Still waiting on a clear short euro sale signal …
Read More »DAX 30: Still Looking for that Bottom
0.0 00 DAX 30 (9,522.25) Points to consider in this article: The German DAX 30 remains bearish while trading below last Thursday’s high of 9,950. Soft commodity prices are hurting sentiment. So is the weak Chinese …
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