Pipcrawler

With volatility creeping lower every day, decided to step out to the longer time frames and found the uptrend in USD/CAD very interesting. 

CHF/JPY just formed a consolidation break on the daily time frame, so are traders ready to start a fresh leg in the longer-term downtrend? 

Here are a quick couple of updates as the technical argument on NZD/JPY short was quickly invalidated and EUR/CAD retests my area of interest for shorting.

Kiwi sellers have been taking charge ever since the RBNZ opened up to rate cuts. Is that still enough to push NZD/JPY past support?

With monetary policy updates coming from both the ECB and BOC in April, I’m looking at these levels on EUR/CAD to play a potential pickup in volatility & my fundie bias. 

Slow start to the year in Q1 as I didn’t get the volatility to help push my winners to outweigh my losers. Here’s are quick reflection on how it all went down. 

USD took a beating today after a very dovish surprise from the FOMC’s latest monetary policy and economic outlook. I decided to close down my USD longs in EUR/USD and AUD/USD to step back and re-assess the Greenback’s price action and outlook.

Cable makes this week’s watchlist with a couple of technical analysis arguments that the rally may be stalling out

This down trending pattern on EUR/NZD looks like it could be ready to go with a little bit more bounce higher. Time to add another euro short to the book?

I’ve got a couple of long USD positions and with a potentially disappointing NFP update coming soon, I’m reducing risk a bit by locking in profits on AUD/USD