0.0 00 Points to consider in this article: Forex markets are waiting on today’s FOMC monetary policy decision. The US Dollar should get support against the Australian and New Zealand Dollars. NZD/USD briefly dips after their …
Read More »EUR/USD – The FOMC Decision to Cause Volatility
0.0 00 Points to consider in this Forex market: The EUR/USD is trading around 1.10 at this time. Waiting on a short sale signal in line with my long term bearish euro outlook. Trade strategy: Stand …
Read More »EUR/USD – Waiting on the FOMC Tomorrow
0.0 00 EUR/USD (1.1020) Points to consider in this Forex market: The EUR/USD is trading around 1.10 at this time. Waiting on a short sale signal in line with my long term bearish euro outlook. Trade …
Read More »AUD/USD – Going Short Aussie Dollar Again
0.0 00 Some points to consider in this Forex market: Dominant trend remains bearish even though the correction lower. Short AUD sale stopped at breakeven. Entering another short AUD sale. Targeting below the 0.72 pivot. Trade …
Read More »USD/CNH – The PBOC Prepares to De-peg the Yuan
0.0 00 USD/CNH (6.5490) Points to consider in this Forex market: The People’s Bank of China (PBOC) is issuing yuan guidance for a broad change. The yuan to US Dollar peg is coming to an end. …
Read More »NZD/USD — Waiting on A Short Kiwi Sale
0.0 00 NZD/USD (0.6712) Some points to consider in this Forex market: The New Zealand Dollar is back on the offensive after the Reserve Bank of New Zealand (RBNZ) rate decision. Now waiting on a short …
Read More »XAU/USD — Gold Should Lose Ground
0.0 00 Some points to consider in this article: Gold price us trading sideways after a bullish correction higher. Price remains in a place signaling more weakness ahead. The price of gold, XAU/USD, look soft to …
Read More »AUD/USD – Booking Profit on the Short AUD Sale
0.0 00 AUD/USD (0.7204) Points to consider in this Forex market: The AUD/USD rally after positive jobs data reversed and sent the AUD to a three week low. 50% of the profit of the open short …
Read More »Euro and Yen Could get a Boost on Soft US Data
0.0 00 Points to consider in this market: Spotlight will be on US retail sales and the University of Michigan consumer confidence today. Soft US news and firm bets on a Fed raising rates next week …
Read More »NZD/USD – The Kiwi Dollar Shoots Higher after the RBNZ
0.0 00 Points to consider in this Forex market: The NZD/USD breaks through the top after the RBNZ rate decision. Price action remains narrow to justify a trade. Trae strategy: Stand aside The NZD/USD Forex market …
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