Cyclopip

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.

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.

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.

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.

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?

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?

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!

Could this be my chance to short the euro on a pullback? EUR/JPY just made a break below that symmetrical triangle I had been watching but seems to be making a retest.