Cyclopip

Lots of volatility for the forex markets in the last week, creating a more diverse set of currency trading opportunities for the cross-currencies!

Shortly after the weak U.K. trade balance data was released on Friday, I decided to close my EUR/GBP short as it seems like the story is changing for both currencies.

Here’s a simple forex trade idea on simple range behavior to play my bearish bias on EUR/GBP. Will the top of the range hold?

We finally saw breakouts in the forex market from tight ranges. Is a momentum move in the works or a currency fake out?!

I patiently held my EUR/GBP short, but it just wasn’t meant to be thanks to improving European data. Here’s a quick review on my forex trade.

The long-term trend has been in favor of the Kiwi dollar for quite some time now, and after a slight pull back in February, is the return of sellers here to stay in AUD/NZD?

It’s not too often for forex markets that we have a gap in price action, but that’s exactly what we’re seeing to start the week in cross pairs.

We got some consolidation patterns on the currency crosses last week, which could mean breakout plays in the forex market this week. Check out what I’m seeing on EUR/JPY, GBP/JPY, and EUR/GBP!

I’m back to my EUR/GBP shorting ways now that the pair looks like its turning lower after showing some resistance at .8250. Sellers back in control?

Decided to close my EUR/JPY short trade manually after the BOJ meeting today as my fear that the BOJ expands easy money efforts come to pass. Here’s a quick review.