Forex Watchlist: AUD/NZD Downtrend to Pullback?
No fresh plays to head into June, but the downtrend in AUD/NZD looks ripe for a bounce so I had to throw it on the watchlist. Will an opportunity to come at a better price?
Read MoreNo fresh plays to head into June, but the downtrend in AUD/NZD looks ripe for a bounce so I had to throw it on the watchlist. Will an opportunity to come at a better price?
Read MoreWe’re taking another stroll down memory lane in today’s intraday charts update since we’ll be checking up on our old setups for EUR/GBP and CHF/JPY. And quite naturally, we’ll be lookin’ for fresh plays as well.
Read MoreWill this pair resume its downtrend? Price is currently testing the channel resistance, but I gotta take a look at fundamentals and potential catalysts for these European currencies first!
Read MoreIt 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.
Read MoreIt’s all about the comdolls today, as I bring to you forex trade opportunities on AUD/USD and NZD/USD. Check it!
Read MoreWhen you’re thinking with a stressed mind and body, your mind isn’t focused, and this can mean danger for your trading.
Read MoreNot a lot of major reports on tap but we do have the NFP coming up! Here are potential catalysts and inflection points for the major dollar pairs if you’re planning on trading the Greenback!
Read MoreLet’s start this week’s intraday charts update by taking a trip down memory lane. To be more specific, we’ll be checking up on our old setups for GBP/USD and GBP/JPY. And it goes without sayin’ that we’ll be lookin’ for fresh plays as well.
Read MoreThe lack of top-tier market catalysts from both the euro zone and the United Kingdom this week could put the spotlight back on political headlines. Check out these potential plays on the crosses!
Read MoreWith 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.
Read MoreWelcome to a brand spankin’ new trading week, fellas! Hit the ground running with these hot forex setups on EUR/GBP and GBP/CAD’s daily charts!
Read MoreA mixed forex trading week for the HLHB System, as I close USD/JPY’s open position for a profit while two of GBP/USD’s signals turned out to be a fakeout.
Read MoreIt’s easier (and certainly more convenient) for forex traders to assume that one good strategy would yield consistent profits. Unfortunately, this is not always the case.
Read MoreSterling bears came out in force after disappointing poll results, leading the market to invalidate my technical setup on GBP/CHF. Decided to close out early to limit my loss.
Read MoreFor this week’s final intraday charts update, breakout chartists may like the descending triangle I’ve got on EUR/USD while trend riders may prefer the channel pattern on CHF/JPY.
Read MoreHey, forex friends! Looks like the euro is on track to extend its gains against the Greenback! What do you think of this setup?
Read MoreA good number of inside bar patterns formed on USD/JPY and GBP/JPY again but a lot of early exit signals popped up. Most of these still managed to lock in gains, though!
Read MoreNow 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.
Read MoreIt’s Friyay, yo! End your forex trading week on a strong note by checkin’ out USD/CAD’s downtrend and a potential long-term retracement play on GBP/USD!
Read MoreI’m taking another short opportunity in a longer-term downtrend, this time on CAD/JPY as it seems to have drawn in sellers at a previous swing high. Time for selling to resume?
Read MoreWe learn wisdom from failure much more than from success. We often discover what will do, by finding out what will not do; and probably he who never made a mistake never made a discovery.Samuel Smiles