Weekly Technical Outlook: AUD/CHF Reversal, Divergence on CAD/JPY & Silver
Let’s start the week off with a look at these swing setups on AUD/CHF, CAD/JPY, and silver. Better keep these long-term levels on your radar!
Let’s start the week off with a look at these swing setups on AUD/CHF, CAD/JPY, and silver. Better keep these long-term levels on your radar!
I’m seeing a potential bounce on this AAVE/USD short-term chart and some positive developments to boot!
GBP/NZD can’t seem to get past the 1.9650 zone! Will the pair get rejected and see bearish pressure at the level?
Cable’s short-term uptrend is looking pretty solid right now! Is it time to go with the flow with this bullish divergence forming?
Let’s start this brand new trading month with a look at this steady downtrend on gold prices. Can resistance hold again?
Brent crude oil prices are down to the bottom of a short-term rising channel. Will we see a bounce or a break right here?
Guess who's gonna be celebrating tonight! 124.00 held a like a boss and my profit target was hit right before the start of the New York session! Boo yeah!
Check out this neat confluence on the 4-hour time frame of GBP/USD! Do you think the uptrend is bound to resume soon?
This time, I'm looking at the MACD(addy) Divergence System by jenesaisquoi, another past winner in my Best Forex Trading System Contest.
The RBA hiked to 4.10% while NZ holds at 2.25%. Learn how central bank policy divergence drives cross-rate moves like AUD/NZD and what a split board really signals.
Central bank divergence is shaking up forex! Discover how interest rate moves spark currency trends and top trading opportunities this week.
This forex pair is stuck in consolidation and currently testing its triangle bottom. Will we see another bounce soon?
It's a bit of a slow day for commodities, but I'm waiting on a potential big move brewing on the 4-hour chart of Brent crude oil.Is the trend still our friend or are we about to see the bend at the end?
This pair’s short-term rising trend line has been holding like a boss so I’m hoping to catch a quick pullback and join the climb. Here’s my CAD/JPY trade idea.
As I’ve mentioned in my Twitter update earlier, I’ve decided to exit my NZD/USD long trade ahead of the FOMC statement and RBNZ interest rate decision. Should I re-enter, though?
Traders seem to be favoring the commodity currencies and showing no love for the Greenback lately so I’m looking at this short-term uptrend on NZD/USD.
The pair barely made it to the previous lows before risk-taking took place in the forex arena last week. Here's how my trade turned out.
I've got my one eye on Guppy for quite some time now, patiently waiting for an opportunity to catch the forex downtrend on a pullback.
It seems that the CAD/JPY forex pair could be driven by a monetary policy bias divergence between its respective central banks!
To get back in the forex markets, I'm going with a pure technical setup on GBP/CAD. Is that a bearish divergence that I see on the daily charts?
Lo and behold, dear humans! I've got the grades for MACD(addy) Divergence System based on my framework for mechanical systems.
As promised, here are the results for the forward tests on the MACD(addy) Divergence System! Check 'em out!
As promised, here are the yearly backtest results for the MACD(addy) Divergence System by jenesaisquoi.
Third time's the charm for EUR/AUD? This particular cross pair hasn't exactly been my BFF, as I got burned a couple of times trying to trade it.
If interest yield is the one powerful driver in the currency markets operating in the background, then this chart suggest either the euro is about to take a nosedive, or US short-rates are about to plunge.
Bummer! I got stopped out on this long Kiwi trade since the U.S. dollar just wouldn’t stop rallying!
The Kiwi is sure flyin’ high, isn’t it? It’s time for me to hop in NZD/USD’s flight, as a bullish divergence formed on its 1-hour time frame. Take a look at my trade idea!
Good morning! Price action was a snoozer this week, but it did go my way just enough to get me into my long USD/CHF position and into profit. Unfortunately, today's mixed US data changed that pretty quickly.
The Reserve Bank of Australia kicked the door wide in its last meeting, sealing the deal on expectations for a coming interest rate cut Down Under. It seems growth in Australia may be in some trouble.
Success! After hitting my first profit target early in the London trading session yesterday, I decided to finally close my entire position for a huge 325-pip profit! Who's the... uhh, woman?!?
I'd rather regret the things I've done than regret the things I haven't done.Lucille Ball