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August 2016 Monthly Archive
I’m starting this brand new trading month with this neat pullback setup on NZD/JPY based mostly on diverging policy biases between the BOJ and the RBNZ. Take a look! Read more
The trends are still intact for EUR/JPY, GBP/JPY, and EUR/GBP so far. Think it’s worth going with the flow on these short-term setups? Read more
Bah, so much for trying to catch the bearish momentum on this one! The Kiwi was able to put up a strong fight against the Loonie and steer clear of a sharp NZD/CAD drop. Read more
And I’m in! After EUR/AUD showed confirmation from the reversal pattern and made a quick pullback, I decided to hop in at market. Read more
BOJ Governor Kuroda’s dovish remarks and reports that the Brexit process could start by April next year could keep driving price action for EUR/JPY, GBP/JPY, and EUR/GBP this week. Read more
Remember that EUR/AUD long-term triangle bounce I was looking at last month? Well, it looks like there’s more confirmation that buyers are gaining traction. Read more
Stronger than expected U.K. data has been propping the British pound up these days so I’m opting for a more conservative entry on this GBP/AUD trade setup. Read more
It’s looking like the pound might be a better short against the Aussie so I’m adding this GBP/AUD pullback idea to my forex watchlist this week. Read more
The risk-on vibes could keep boosting the higher-yielding Aussie this week, but I still gotta keep my eye on the scheduled economic catalysts from the Land Down Under.
With a bunch of top-tier U.K. reports due this week, I’m keeping my one good eye locked on these GBP/JPY and EUR/GBP trend lines. Read more
Yep, this one’s still open, fellas! I may have entered a wee bit too early on this short NZD/CAD position but it looks like the long-term resistance is still holding. Read more
It looks like pound bears are running out of steam and can’t push GBP/CHF below the previous lows. Because of that, I’ve decided to book profits off this short trade.
Will we see a continuation of the strong trends on EUR/JPY, GBP/JPY, and EUR/GBP this week? Here are the setups and levels I’m watching. Read more
Thanks to the BOE decision, pound bears took over and caused GBP/CHF to drop like a rock. Meanwhile, NZD/CAD seems to be setting its sights lower as well. Read more