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It looks like the saying, “sell in May, go away” has been true so far in U.S. tech stocks, but the market is fast approaching a major support area. Will this draw in the bulls once again?
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As GBPCAD approaches a major support area will we see a bounce or will support break and turn into selloff?
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GBP/AUD hits the top of the watchlist right from the jump as the pair sets up for a potential breakout with top tier catalysts ahead from both Australia and the U.K.
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A trendline break is in the works on AUD/NZD. Will the bears jump in or will the bulls take this as a dip buying opportunity?
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We’ve got a potential longer-term setup on NZD/CAD in the works as the pair looks to resume its recent bearish shift in directional bias.
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EUR/GBP is a mover on the session thanks to the ECB, but the action may not stop there with the latest business sentiment numbers from Europe coming soon.
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NZD/CAD just broke above strong resistance, but does it have enough juice to turn into a true breakout or will the bulls get faked out?
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EUR/AUD could be returning to its longer-term downtrend as price action suggests bears are back in control.
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EUR/NZD hits the top of the watchlist as recent consolidation could be broken soon with the latest monetary policy statement from the RBNZ on Wednesday.
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NZD/CAD hits the radar today with a big catalyst for the Loonie coming soon. Will this classic consolidation pattern turn into a breakout setup?
Read MoreIf you treat trading like a game, because that is what it is, then you will find there are a lot of variations in trading, but a good process will work over time and you will get rich if you stick with it.Larry Hite