Cable looks to be holding back while other currencies are on the move. I expect it to pullback into the larger range for a day trade higher. Note: All ideas shared here are for learning and educational purposes only. Any trade taken on this projection is done so under your own risk.
CrudeOil FX_IDC:USDWTI is in a big consolidation. Currently price is showing support to try and move higher out of the consolidation. Does it continue higher from there? That's not totally clear at the moment. What I do expect is price rally up into 54.00 over the next two weeks. With some strength 55.20 is also a likely target. Note: All ideas shared here...
USDCAD has also had a large sell off in the previous months. I expect price to retrace up into the range. Do we go lower from there? Maybe. On the medium term I'm bullish until something big changes my mind. Note: All ideas shared here are for learning and educational purposes only. Any trade taken on this projection is done so under your own risk.
Dollar DYX has been in a long bearish trend this year. I suspect this will see a large retracement in the coming months. For me, price must trade below 93.00. Once there, any rally above will be a buy signal. Like for more updates. Note: All ideas shared here are for learning and understanding purposes only. Any trade taken on this projection is done so under...
I don't have a trade setup here yet. However I am watching and expecting GOLD to press higher into the 1280s. Note: All ideas shared here are for learning and understanding purposes only. Any trade taken on this projection is done so under your own risk.
I don't have a trade setup here yet. However I am watching and expecting GOLD to press higher into the 1280s. Note: All ideas shared here are for learning and understanding purposes only. Any trade taken on this projection is done so under your o
USDCAD is obviously breaish. While I mentioned in another idea the possibility of a reversal, I still think there is downside for this pair. watching price around the 1.2570 level for a short. Note: All ideas shared here are for learning and understanding purposes only. Any trade taken on this projection is done so under your own risk.
USDCAD has been bearish some weeks now. I suspect this current trend is getting weaker. While lower prices might occur over the longer period, and my main position will be to be short this week - I am watching for a potential reversal. See chart for outlined trade idea. Note: All ideas shared here are for learning and understanding purposes only. Any trade taken...
Crude is at a key trading point. Given the overall bearish tone on the oil market I'm suspecting we might see a short squeeze before moving lower longer term. Week target is $49.10 with a low capped around $45 per barrel. Lets see what the week brings! Note: All ideas shared here are for learning and understanding purposes only. Any trade taken on this...