Pipcrawler

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

We’ve got the European Central Bank meeting this week, so I’d like to reduce my risk a bit and plan for if EUR/USD breaks down lower.

Had to make moves on both my GBP/NZD and CAD/JPY positions as the fundamental drivers shifted and price action signaled it was time to exit. Here’s a quick review!

Solid trend higher on CAD/JPY over the past few week, but now finding some resistance and consolidating. Breakout ahead? 

Taking a shot on GBP/NZD for a longer-term position as the pair is showing signs of weakness around a major area of interest.