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It looks like EUR/AUD is hesitating to head further south so I’m booking my profits right here while staying on the lookout for another break lower. Read more
It’s all about trends and breakouts for EUR/JPY, GBP/JPY, and EUR/GBP. Check out these short-term setups I’m watching this week! Read more
We’re down to the last few months of the year, and I’m hoping to up my forex game by first reviewing my performance for the third quarter. Here are the setups I had then.
Breakout alert! EUR/AUD is finally busting out of that descending triangle formation visible on its daily time frame. Is it in for a longer-term drop? Read more
I’m seeing a new trend for EUR/JPY and potential breakouts for the pound pairs ahead of the top-tier market catalysts from the U.K. this week. Read more
Well, that was quick! The fundamental situation changed for GBP/AUD just a few hours after I shorted so I’m gonna jump out of this trade while it’s still in the green.
It’s about time I hopped in this pound selloff! I’m seeing a quick pullback on the 1-hour chart of GBP/AUD so I entered a small position at market. Read more
Talk about volatility! Sterling’s flash crash yielded big moves for EUR/GBP and GBP/JPY while EUR/JPY seems to be stuck in a range. Read more
So much for counting on a triangle bounce! I decided to close this long GBP/CHF position early when price started to break below the support at 1.2500. Read more
Brexit updates and Deutsche Bank jitters have been pushing the European currencies around while yen weakness still seems to be in play. Here’s what I’m seeing on EUR/JPY, GBP/JPY, and EUR/GBP. Read more
I’ve been looking for a chance to buy the Aussie these days, and the euro could prove to be a viable counter currency with all this Deutsche Bank trouble going on. What do you think of this EUR/AUD play? Read more
I spotted this neat descending triangle support test on the 4-hour chart of GBP/CHF, and market sentiment seems to be lining up for a bounce. What do you think? Read more
Since the RBNZ hinted that it’s willing to lower rates further, I’m gonna jump out of this long Kiwi position before it starts tumbling.
I’m still keeping my eye locked on EUR/JPY’s triangle break-and-retest setup but GBP/JPY and EUR/GBP could be in for a lot of exciting moves as well. Take a look! Read more