0.0 00 AUD/USD (0.7114) Some points to consider in this Forex market: The AUD/USD fell 0.7 percent in early trading today. Australia’s CPI grew at an anemic 1.5 percent (annual). Missing expectations. This is fueling bets …
Read More »EUR/GBP – The Recent Selloff Hits a 2 Month Low
0.0 00 EUR/GBP (0.7204) Some talking points to consider in this Forex market: The EUR/GBP is now trading sideways after hitting a 2 month low. Short EUR trade remains open to capture further downside momentum Trade …
Read More »AUD/USD – Waiting For Another AUD Short Trade
0.0 00 AUD/USD (0.7230) Some talking points in this Forex market to consider: The AUD/USD is struggling to find follow through below the 0.72 pivot. Waiting for better risk to reward parameters before entering another short …
Read More »Video: NZD/USD – Passing on a Short NZD Trade for Now
0.0 00 Some points to consider in this Forex market: The New Zealand Dollar is consolidating sideways after forming a top below the 0.69 pivot. Not placing a short trade for now. Too much invent risk …
Read More »Video: EUR/CAD – Bulls Getting Ready for the ECB Decision
0.0 00 Points to consider in this Forex market: EUR/CAD trading towards the September highs. Breach higher will focus on 1.5090 and 1.5095. Trade strategy: Stand aside Looks like the EUR/CAD Forex market is trading quietly …
Read More »Video: NZD/USD – Top Now in Place Below the 0.69 Pivot
0.0 00 NZD/USD (0.6768) Some points to consider in this Forex market: The New Zealand Dollar failed below the pivot at 0.69. A bearish candlestick has formed below this key handle. No trade from a risk …
Read More »AUD/USD – Short Trade Triggered at 0.7289
0.0 00 AUD/USD (0.7245) Some points to consider in this Forex market: The Australian Dollar moves lower after failing at 0.73. Short sale has been triggered, entered yesterday and active now. Trade strategy: Short at 0.7280, …
Read More »Video: NZD/USD – Top Forming Below the 0.69 Pivot
0.0 00 Some points to consider in this Forex market: The New Zealand Dollar did rally but fell short below 0.69. A bearish candlestick is trying to form just below this handle. No trade from a …
Read More »AUD/USD – Looking to Go Short Australian Dollar
0.0 00 AUD/USD (0.7276) Some points to consider in this Forex market: The AUD/USD had broken the three month trend line support. More losses ahead. Looking to engage a short AUD trade on the next break …
Read More »Video: EUR/USD – Sellers Aiming Below 1.13 and Staying Flat for Now
0.0 00 Some points to consider in this Forex market: The euro continues to decline after forming a bearish candlestick Sellers are now looking sub 1.13. No short trade now. Looking for a better trade opportunity …
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