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Welcome to 2021, and as usual at the turn of each new year, it’s time to throw out some FX ideas and wacky predictions for 2021!
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With an extremely light calendar ahead & positive vibes across the financial markets, we’re checking out this downtrend in USD/CAD for potential short-term pips.
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The bullish spike in NZD may draw technical traders to the resistance break in NZD/JPY for a potential short-term play.
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With a light calendar & likely low volatility for now, there are a few technical setups on EUR/USD for potential short-term pips.
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With the holiday season fast approaching and no major catalysts expected on the forex calendar, we’re checking out consolidating price action in EUR/USD for a few different potential swing setups.
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EUR/CAD has been on the move higher this past week, recently breaking above a previous swing high. Will more bulls hop in or is this a fake out in the making?
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With potential economic catalysts coming from both Australia & the U.K. ahead, this downtrend in GBP/AUD is one to watch.
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This pair is hanging out at the top of its range, still deciding whether to bounce or make a break. Where could the upcoming catalysts take EUR/JPY?
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With traders leaning positive in risk & potential catalysts ahead from New Zealand, we’re checking out this short-term uptrend in NZD/USD for a potential short-term pullback opportunity.
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The BOE is up today! What are traders expecting and can we find an opportunity from Guppy’s chart?
Read MoreOnce you understand your potential for failure—that is, there are times you can’t win—you know when to fold your cards and move on to the next. You will do this more quickly than others who stay in the game too long, hanging on and hoping that their losing bet will turn around.Larry Hite