Cyclopip

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.

The U.K. elections and the ECB policy statement are lined up this week, so I’m sure we’ll see a lot of action on these euro crosses soon!

After breaking out of its long-term downtrend channel, EUR/NZD has started a new uptrend and is finding support at a smaller rising channel. Here’s why I hopped in at market.

Will this pair resume its downtrend? Price is currently testing the channel resistance, but I gotta take a look at fundamentals and potential catalysts for these European currencies first!

The lack of top-tier market catalysts from both the euro zone and the United Kingdom this week could put the spotlight back on political headlines. Check out these potential plays on the crosses!

I think it’s about time I called it quits with this one as the pair seems to be eyeing further downside. Here’s how it all turned out for my GBP/AUD long position.

Uh oh, I’m not feeling too good about this GBP/AUD long position so I might have to consider exiting early. Think it’s time to cut losses on this one or hold on?

Without much top-tier reports lined up this week, the market focus is shifting back to Brexit-related headlines these days. Check out these potential plays on the crosses!

Cheers to short-term plays! I caught another quick win with this long EUR/AUD uptrend retracement setup, and I’m keeping my fingers crossed that I can keep this streak up.