Cyclopip

I’m seeing a fresh breakout and a couple of consolidation plays! Here’s what’s going on for EUR/JPY, GBP/JPY, and EUR/GBP.

All clear on the northbound route for Kiwi now that the RBNZ refrained from talking down the currency during this week’s policy statement. Here are my NZD/CHF entry levels.

It looks like pound bears are back in the game with Brexit talks going on and BOE Governor Carney sounding less upbeat. Think I should hop in this bounce?

European currencies seem to have successfully breezed through the latest event risks, but there are still a number of major catalysts lined up in the next few days.

Stopped out on a pullback! I do wish I had been able to stay longer in this short trade, but the positive developments in the U.K. led me to doubt that the selloff could continue.

After the U.K. election results started trickling in last week, I decided to hop in a small short GBP/NZD position when a hung parliament became evident.

With the U.K. elections out of the way and a number of top-tier catalysts lined up, price action on pound crosses could be more exciting than the NBA Finals this week.

I spy with my one good eye this classic downtrend reversal signal on NZD/CHF. This setup lines up neatly with my fundamental biases, too!

So much for that confluence on EUR/NZD! Rumors of the ECB cutting its inflation outlook weighed heavily on this pair and caused a breakdown.

I’ve got a strong bullish bias on the Kiwi because of upbeat fundamentals, and I’m expecting additional AUD volatility with catalysts lined up.