0.0 00 Points to consider in the Canadian Loonie Forex Market: The US Dollar breaks higher only to lose steam ahead of the Fed. There is strong resistance at 1.3305 to 1.3380. Trade strategy: Stand aside …
Read More »The Euro Digests in a Tight Trading Range
0.0 00 Points to consider in this euro Forex market: Traders quiet before Wednesday’s Federal Open Markets Committee (FOMC) policy meeting. Euro in its tightest trading range since August 2014. Trade strategy: Stand aside The EUR/USD …
Read More »EUR/GBP – The Euro is Carving out Another Top
0.0 00 Points to consider in this euro Forex article: Euro is attempting to complete a bearish head and shoulders (H&S) top formation. Waiting on confirmation of the H&S and better risk to reward parameters before …
Read More »Still Waiting for the Euro to Break Out of its Range
0.0 00 EUR/USD (1.1036) Points to consider in this euro Forex market: The euro is trading in a tight range above 1.10. Need a breakout in order to place a desired short EUR sale in line …
Read More »Short Australian Dollar Trade Triggered
0.0 00 Points to Consider with the Australian Dollar: The Australian Dollar breaks below support from the post Brexit low. Short AUD sale now in play. Trade strategy: Short at 0.7515 The AUD/USD Forex market saw …
Read More »Euro Hits a 2 Week against the Pound
0.0 00 EUR/GBP (0.8331) Points to consider in this euro Forex market: The euro has fallen to a two week low against the British Pound. The Bank of England (BOE) left rates as is strengthening the …
Read More »The Aussie Continues to Erase Brexit Losses
0.0 00 Points to consider in this Forex market: The Aussie Dollar erases post-Brexit losses. The Australian Dollar is now eyeing the June Swing top. There is no trade setup at this time. Trade strategy: Stand …
Read More »Euro Hits a 3 Year High against the Sterling
0.0 00 Points to consider in this euro Forex market: The euro has hit a 3 year high against the Sterling as the Brexit aftermath continues. There is no trade from a technical stand point, for …
Read More »Short Euro Sale in Play now Reaching First Target
0.0 00 EUR/USD (1.1051) Points to consider with this euro Forex market: Euro sees is worst loss in a week as it breaks below trend line support. Short euro sale in play nears first target. Trade …
Read More »Euro Starting to move Lower Against the Pound
0.0 00 EUR/GBP (0.8394) Points to consider in this euro Forex market: Euro continues to tread water after hitting a two year high against the Sterling Dollar. Negative RSI points to buyers starting to hesitate. Trade …
Read More »