Cyclopip

I closed both of my trades in NZD/CAD & EUR/NZD before the end of the month, the former by trailing stop and the latter manually. Here’s a quick trade review.

Forex volatility tightened up in the crosses last week, but there remains interesting setups for both trend and range players in this week’s Weekly Watch!

Yesterday’s oil rally lifted the Loonie in the Thursday forex session, creating what may be an opportunity to maximize my gains in my NZD/CAD long position.

Even with volatility slowing down, my trades in NZD/CAD & EUR/NZD continue to grind in my direction. So with more pips in the bag, it’s time to make forex adjustments to lock up more profit.

For the new forex week, I think we’ll continue to see choppy volatility among the crosses. Come check out what I’m seeing in EUR/JPY, GBP/JPY & EUR/GBP!

The trends in the crosses are intact, but sellers are giving back some of their forex gains. Another chance to play the trends or is a reversal in the works?

Time to review my closed GBP/AUD forex trade and my adjustments to lock in profits in my NZD/CAD and EUR/NZD positions ahead of more events and the weekend.

With a bit of luck, my GBP/AUD trade shifted quickly into the positive after buyers quickly hopped in at 1.9400. Time to adjust with the market now hitting potential resistance.

The euro’s all-around weakness looks like it’s here to stay, while Guppy may present reversal opportunities in this week’s cross currency forex chart setups!

After a few weeks of consolidation, GBP/AUD is finally pulling back to make it an interesting buy once again into the really long forex uptrend.