0.0 00 EUR/USD (1.0909) Some points to consider in this Forex market: Possible head and shoulders forming below 1.11. No confirmation of top in play yet. This argues to stand aside and not take a short …
Read More »EUR/GBP — The Euro Hits a Two Month High
0.0 00 Some points to consider in this Forex market: Waiting on another short euro trade. The euro is now at a two month high in this Forex market. Right now there is no defined reversal …
Read More »US Dollar – What is Next After the Fed Rate Hike?
0.0 00 Points to consider with this article: US Federal Reserve raises rates last week for the first time since 2006. The Dollar was supposed to move lower. Will it continue to rally in January? The …
Read More »CAC40 – The CAC 40 is Trying to Move Lower
0.0 00 CAC40 (4,607.50) The CAC40, France’s headline equity bourse, is trying to break lower again today after finishing Friday 1.12 percent lower. Futures are pointing to a lower start on Monday as European markets are …
Read More »NZD/USD – The Kiwi Rejected at the Trend Line
0.0 00 Points to consider in this Forex market: The New Zealand Dollar was rejected at the long-term trend line resistance once again. Now waiting on a short NZD trade to come along before placing a …
Read More »USD/CNH – The Chinese Yuan gaps Higher But…
0.0 00 USD/CNH (6.5640) Points to consider in this market: There is an unconfirmed bearish candlestick formation indicating the Dollar could move lower. Opting to pass on a short trade as the Fed rate decision has …
Read More »EUR/USD – The Euro Hits a 2 Week Low Today
0.0 00 EUR/USD (1.0846) Points to consider in this Forex market: The euro has fallen to a two week low in the EUR/USD Forex market after the Fed rate hike. Risk to reward parameters argue against …
Read More »Trading the USD and Other Currencies after the Fed
0.0 00 Points to consider in this article: AUD/USD and NZD/USD underperform and the Dollar gains the day after the Fed rate hike. The FOMC outcome means the near-term US Dollar advance could be short lived. …
Read More »NZD/USD – Possible Top in Place Near 0.68?
0.0 00 Some points to consider in this Forex market: Shooting star candlestick along with negative RSI hints at a top and weakness in the New Zealand Dollar. Need a clear confirmation of the shooting star …
Read More »EUR/GBP – Waiting on a Short Euro Trade
0.0 00 EUR/GBP (0.7278) Talking points to consider in this Forex market: Possible top forming in the EUR/GBP Forex market. No bearish reversal signals have been confirmed and with event risk today, argues against taking a …
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