The DXY (Dollar currency index recently reached its recent major supply zone (resistance). Currently ranging within the zone, many traders have had much anticipation for its drop in previous minor zones. This may be the right time for that pull back. If the pullback does come, the weakness in the dollar will see USDXXX pairs tank and XXXUSD pairs push...
With the London open well underway, the Canadian Dollar is losing points across all pairs. This gives us a low risk opportunity to score some early pips for a quick profits if we play the CAD weakness against one of our stronger currencies. CAD Weakness: USDCAD +0.18% NZDCAD +0.15% GBPCAD +0.10% EURCAD +0.27% AUDCAD +0.06% CADCHF -0.29% CADJPY -0.46% Today's...
Playing GBP weakness against the strength of the Japanese Yen for a quick turn around. 60 pip stop loss with 120 pip take profit. This morning in the London session we have seen the British Pound continue its downtrend across all pairs: GBPUSD -0.11% GBPNZD -0.14% GBPCAD -0.04% GBPAUD -0.02% GBPCHF -0.19% GBPJPY -0.31% EURGBP +0.16% The strength in the...
A lot of traders have their systems wich they know for years, but we can not find a decent single currency strength chart wich we can apply indicators at Month Week Day and intraday basis. For example mataf.net have it but is missing the Month chart.