0.0 00 Points to consider in this euro Forex market: Euro has hit a 2 week low against the British sterling. Short sale remains in play. Trade strategy: Short EUR sale at 0.8630. The EUR/GBP Forex …
Read More »Aussie Threatens Key Support Level
0.0 00 AUD/USD (0.7596) Points to consider in this Aussie Dollar Forex market: The Aussie Dollar is edging lower against the US Dollar. Testing the three month trend line. A break below, with daily close, is …
Read More »The Euro Looks to form a Top against the Dollar
0.0 00 Points to consider in this euro Forex market: Euro is looking to form a top after failing at the trend line from December 2015. Need to confirm the indecisive Harami candlestick pattern. Trade strategy: …
Read More »The Aussie Dollar Digests Gains at 4 Month High
0.0 00 Points to consider in this Aussie Dollar Forex market: The Aussie Dollar is digesting after hitting a 5 month high against the US Dollar. Waiting for this Forex market to break below trend line …
Read More »Euro Hits a 3 Year against the British Pound
0.0 00 Points to consider in this Euro Forex market: Euro breaks through the July swing top to touch a three year high. Price action is trying to secure the longest win streak since January 2013. …
Read More »Kiwi Dollar Trading at a 2 Year Low
0.0 00 Points to consider in the Kiwi Dollar Forex market: The Kiwi Dollar has recovered a little this morning after 7 days of declines. There is no trade from a risk to reward stand point. …
Read More »Kiwi Dollar Hits a New 15 Month High
0.0 00 NZD/USD (0.7265) Points to consider in this Kiwi Dollar Forex market: The Kiwi Dollar has corrected higher to a new 15 month high after the Reserve Bank of New Zealand (RBNZ) policy decision. Breakout …
Read More »The Aussie Dollar Challenges a Key Resistance Level Again
0.0 00 AUD/USD (0.7632) Points to consider in this Aussie Dollar Forex market: The Aussie Dollar is once again challenging resistance that has capped gains going back to June. From a risk to reward standpoint, there …
Read More »The Euro is Falling Again against the USD
0.0 00 Points to consider in this euro Forex market: Euro falls lower after forming a bearish engulfing candlestick pattern. From a technical perspective, there is no short EUR trade at this time. Trade strategy: Stand …
Read More »The Euro Edges Higher against the British Pound
0.0 00 EUR/GBP (0.8475) Points to consider in this euro Forex market: The euro continues to inch higher against the British Pound. A break and daily close above 0.75 is needed for a full bullish market. …
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