Trade Ideas

It looks like the saying, “sell in May, go away” has been true so far in U.S. tech stocks, but the market is fast approaching a major support area. Will this draw in the bulls once again? 

Easing lockdown restrictions in the U.K. got me looking at the major pound pairs. Can GBP/USD extend its gains when it’s sooo close to a double top formation?

Will today’s Cable breakout draw in the bulls for a longer-term move higher? Or is there a fakeout lurking ahead? 

This pair is closing in the bottom of its range visible on the DAILY time frame, and a negative read for Canada’s jobs report might spur a big bounce!

Will the jobs data from Canada lead to more selling in AUD/CAD or bring in the buyers for a counter trend move higher? 

As GBPCAD approaches a major support area will we see a bounce or will support break and turn into selloff? 

GBP/AUD hits the top of the watchlist right from the jump as the pair sets up for a potential breakout with top tier catalysts ahead from both Australia and the U.K.

Hey all! I was looking for an opportunity for the next month when I stumbled upon CAD/CHF’s big resistance level. What do you think of the setup?

A trendline break is in the works on AUD/NZD. Will the bears jump in or will the bulls take this as a dip buying opportunity? 

The Fed isn’t tapering or tightening any time soon. Can the bulls use this to extend NZD/USD’s uptrend?

With few catalysts ahead scheduled for forex, we’re turning to MSFT post-earnings dip could be an opportunity for longer-term players to check out. 

We’ve got a potential longer-term setup on NZD/CAD in the works as the pair looks to resume its recent bearish shift in directional bias. 

EUR/GBP is a mover on the session thanks to the ECB, but the action may not stop there with the latest business sentiment numbers from Europe coming soon. 

EUR/CAD dropped lower on the session after the latest monetary policy statement from the Bank of Canada…is this the start of a fresh leg lower? 

I’ve got my eyes on this textbook retracement play on AUD/USD. Do you think Aussie bulls are about to return at any of these levels?

Silver (XAGUSD) retested support at its 200 SMA and now looks to be headed back up to $30.

NZD/CAD just broke above strong resistance, but does it have enough juice to turn into a true breakout or will the bulls get faked out?

EUR/AUD could be returning to its longer-term downtrend as price action suggests bears are back in control.

The U.S. is about to print its retail sales data! Unless we see fresh catalysts, then comdoll pairs like NZD/USD will likely see volatility around the release.

GBP/NZD hits the watchlist as it retests a technical inflection point. Will buyers jump on the pullback to play the shorter-term uptrend or are traders looking for a signal to play the longer-term downtrend?