Cyclopip

Currency Cross-Eyed

Trade Watchlist: EUR/JPY Long-Term Channel

EUR/JPY looks poised to resume its long-term downtrend after price showed bearish confirmation on the 1-hour chart. Take a look at this neat setup! Read more

Weekly Watch: Jan. 16 – 20, 2017

Gaps, gaps everywhere! Euro and pound traders seem eager to get a piece of the forex action this week since there are plenty of top-tier catalysts lined up. Take a look at the setups I’m watching! Read more

Trade Update: EUR/NZD Long-Term Selloff

Aha! I’m finally seeing a breakdown on EUR/NZD as the pair validated a short-term reversal pattern, signaling further bearish momentum. Here’s what I’m talkin’ about! Read more

Trade Watchlist: EUR/GBP Ascending Channel

EUR/GBP continues to push higher, breaking past that rising wedge formation I was looking at and creating an ascending channel on its 4-hour chart. Time to hop in?

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Trade Watchlist: AUD/NZD Range Setup

I spy with my one good eye this neat range on AUD/NZD’s long-term time frames! Price just bounced off support and seems to be aiming for the top, but it could encounter a nearby ceiling.

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Weekly Watch: Jan. 9 – 13, 2017

Time for reversals or breakouts on the crosses? I’m seeing a few signs of trend exhaustion on EUR/JPY, EUR/GBP, and GBP/JPY but still waiting for market catalysts. Read more

Trade Watchlist: EUR/NZD Long-Term Selloff

Happy 2017, forex buddies! I’m kicking the year off by going with the flow on EUR/NZD since I’m seeing downtrend confirmation on the short-term charts. Read more

Weekly Watch: Jan. 2-6, 2017

Are reversals in order for the crosses at the start of this year? Take a look at these setups and inflection points I’m watching on EUR/JPY, GBP/JPY, and EUR/GBP. Read more

Q4 2016 Forex Blog Review

Since I’m taking off early to enjoy the holidays with my fellow one-eyed monsters, I’m wrapping up my trading year with this Q4 performance review. Did I do better this time? Read more

Trade Watchlist: EUR/AUD Descending Channel

I’m already starting to round up my numbers for the year, yet I couldn’t help but notice this neat channel setup on EUR/AUD. Think it’s worth a last-minute play?

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Weekly Watch: Dec. 19 – 23, 2016

EUR/GBP is in a gridlock while EUR/JPY and GBP/JPY continue to head up north. Do you think we’ll see any breakouts from these cross pairs this week? Read more

Trade Watchlist: CAD/CHF Channel Breakout

I missed out on this pair’s long-term channel breakout because I was busy keeping my one good eye on my recent CAD/JPY trade, but I’m still hoping for a pullback on this one! Read more

Profit Target Hit: CAD/JPY Channel Breakout

Loonie bulls were off to a strong start this week, pushing CAD/JPY all the way up to my profit target for a neat 1.44-to-1 R:R on this setup. Take a look! Read more

Weekly Watch: Dec. 12 – 16, 2016

Yen weakness looks ready to extend its stay in the forex market for yet another week, but euro bears might regain traction after last week’s ECB decision. Pound pairs could also enjoy additional volatility with this week’s U.K. events. Read more

Trade Update: CAD/JPY Channel Breakout

Woot, woot! I’m locking in more gains on this CAD/JPY long position as price keeps heading north and moving close to my profit target. Read more