Happy Pip

Political uncertainty is keeping me pound bearish while improving fundamentals favor the Kiwi, so I’m going for a short GBP/NZD play.

It looks like Aussie bears are encountering another roadblock and pausing at the mid-channel area of interest for this pair. Because of that, I’m gearing up to make these trade adjustments.

With the OPEC agreeing to extend their output deal by nine months, commodities could enjoy a bit more support in the next few days. Here are the setups and inflection points I’m watching.

Now that pre-OPEC speculations are out of the way and commodities are in profit-taking mode, the Aussie could resume its slide versus the lower-yielding yen. Here are my entry levels.

I’m still feeling bearish on the Aussie so I’m looking at another potential short play on AUD/JPY. I’m waiting for a bit more momentum before jumping in, though.

The Canadian dollar could be front and center of forex price action this week, with the BOC decision and the OPEC meeting coming up! Here are the setups and inflection points I’m watching.

Just a quick update on my short AUD/CHF play: I also decided to take my profits and run on this one since the channel support seemed to be holding. Here’s how it all turned out.

Playing the franc pairs versus the commodity currencies has turned out quite well for me lately so I’m thinking of pressing my advantage this time. Here are my latest adjustments.

What’s up, comdoll buddies? I’m looking at another potential short comdoll play with this falling channel resistance bounce on AUD/CHF. Maybe it’s time to hop in at market?

There are a few top-tier catalysts lined up from the comdolls this week, so I’m looking at these long-term charts to see if the recent selloff on AUD, CAD, and NZD could reverse.