Cyclopip

Currency Cross-Eyed

Trade Update: EUR/CAD Range Breakout and Pullback

Woohoo! Lockin’ in more pips on this baby! EUR/CAD keeps pushing higher on improving euro zone fundamentals and downside pressure on oil prices. Think it’s a good idea to add to my long position? Read more

Weekly Watch: Mar. 27 – 31, 2017

Ranges, trends, and breakouts… I’m seeing ’em all on the 4-hour charts of EUR/JPY, GBP/JPY, and EUR/GBP this week as Article 50 is about to get triggered! Read more

Trade Updates: EUR/JPY Pullback and AUD/NZD Channel

Nope, not this time! The channel support on AUD/NZD seemed to give way during its latest test while EUR/JPY isn’t showing any signs of a bounce so far. Here’s what I did. Read more

Trade Idea: EUR/JPY Broken Channel Pullback

A week ago, I had my one good eye locked on the break-and-retest play for EUR/JPY but I wasn’t sure if the pair would much of a pullback. Now that it’s down to my entry area, do you think I should hop in at market?

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Trade Idea: Watching AUD/NZD for the RBNZ Decision

I’m seeing an ascending channel setup for AUD/NZD, and I think the upcoming RBNZ rate statement could be a good catalyst for a bounce. Take a look!

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Trade Adjustments: EUR/CAD Range Breakout and Pullback

Even though EUR/CAD broke below that short-term ascending trend line I was watching, it seems to be forming a bullish continuation pattern right now. Because of that, I decided to make a couple of adjustments. Read more

Weekly Watch: Mar. 20 – 24, 2017

With both the ECB and BOE shifting to a slightly less dovish monetary policy stance, I’m seeing potential reversals and breakouts on EUR/JPY, GBP/JPY, and EUR/GBP. Take a look! Read more

Trade Watchlist: EUR/JPY Broken Channel Pullback

I’ve already got one long euro play going on, but I’ve got my eye on another one with this break-and-retest situation on EUR/JPY. Think it could still reach my buy area?

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Trade Idea: EUR/CAD Range Breakout and Pullback

The tide seems to be turning for the euro zone and the ECB so I’m switching to a bullish EUR bias from here. EUR/CAD already made a pretty strong upside break, but I think I can still catch a pullback.

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Weekly Watch: Mar. 13-17, 2017

Euro bulls have been charging ever since Draghi hinted that the ECB is no longer interested to ramp up easing, causing a breakout on EUR/JPY and creating a reversal pattern on EUR/GBP. Take a look! Read more

Orders Cancelled: ECB Decision to Push EUR/JPY Down?

Nope, Dovish Draghi ain’t in town today! As it turned out, the ECB head honcho started acknowledging the positive developments in the region, causing EUR/JPY to break past that channel I was watching. Read more

Trade Idea: ECB Decision to Push EUR/JPY Down?

I’m counting on Dovish Draghi to step up to the podium today and cause a selloff for the euro. That’s why I’m trying to get a piece of the action with this EUR/JPY channel setup.

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Weekly Watch: Mar. 6 – 10, 2017

I’m seeing strong trends on the euro pairs and a bit of indecision for Guppy. Here are the setups I’m watching on EUR/JPY, GBP/JPY, and EUR/GBP for this week. Read more

Trade Closed: EUR/AUD Potential Breakdown

The Aussie has been going down under lately so my adjusted stop loss on this short EUR/AUD position got hit. Fortunately, I was able to lock in some gains even with this sharp pullback!

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Trade Closed: AUD/CHF Rising Wedge

I don’t seem to be seeing as much action as I hoped on this AUD/CHF long position so I’ve decided to just take my profits and run. Here’s how it all turned out. Read more