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Consolidation breakout, a solid downtrend, and rangebound behavior are all in today’s currency-cross watchlist for forex traders.
Read MoreLooks like the rising trendline & MAs couldn’t hold off sellers, triggering my forex sell orders & putting me in a short EUR/NZD position.
Read MoreForex trends, breakouts, range reversals, and pullbacks…it’s all in this week’s currency cross weekly watch!
Read MoreEUR/NZD has been in a long-time downtrend and after pulling back for the past few weeks, it looks like sellers may have taken back control.
Read MoreIt’s NFP week, which means I’m in watch mode to avoid event risk, but for now, I’ve still got my eye on Guppy for a longer-term position.
Read MoreLast week’s price action ended up being a big snoozer, which setups up the potential for breakout plays with the right catalyst.
Read MoreGuppy took a fall during the Wednesday forex trading session thanks to a mix of broad risk aversion and sterling weakness.
Read MoreGBP/JPY moved up another hundred pips or so but there are signs the move may be slowing. Time to adjust to lock in more profits!
Read MoreMixed behavior coming from the currency-crosses last week. Check out what kind of forex setups I’m seeing on EUR/JPY, EUR/GBP, and GBP/JPY!
Read MoreMy Guppy trade is playing out much better than I anticipated thanks to positive risk sentiment and a very big, bullish surprise from the U.K. unemployment data.
Read MoreSuccess is focusing the full power of all you are on what you have a burning desire to achieve.Wilfred Peterson