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We just saw a broadbased US Dollar sell off in the currency markets, most likely on positive Euro data and inflation comments from Eurozone and BOE officials.
Read MoreVolatility returned to currencies today as many pair traded beyond their daily ranges at the beginning or the Euro/US overlap. USD/CAD found a bid around 1.0020 – 1.0030 and
Read MoreOur trade has closed after a strong US Dollar corrective rally and reversion from risk, kicked off in the morning European trading session.
Read MoreThe remaining portion of our trade has closed as AUD/USD found support at .8750 and rallied from there to our adjust stop at .8805.
Read MoreWe saw a break out to the upside on USD/CAD after Friday’s US Jobs data and our long position was entered at 1.0030. Unfortunately, the pair retraced
Read MoreOur reverse trade was stopped out as the Aussie found plenty of support and buyers at the .8600 handle. It was almost expected, as we are in the
Read MoreThere was no retracement back to the bottom of the channel before USD/CAD took off higher after a surprise rate cut from the Bank of Canada this morning.
Read MoreIt looks like there were sellers at the trendline, but we missed the trade as the pair found resistance at .8870…5 pips below our entry…
Read MoreHello everyone! It looks like we have a chance to get back into the super down trend in USD/CAD.
Read MoreJust as fast as we saw the US Dollar drop yesterday, we saw it come back to bring the pair back to our entry point and close out our remaining position.
Read MoreTake your profits or someone else will take them for you. J.J. Evans