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Rationale in the chart.

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A friend on here hampson.sa suggested Urban Outfitters as a potential short candidate. I think the technicals point to a solid opportunity. A months-long broken range followed by a mediocre bounce. Should $URBN break the $35.00 mark a $31 or $30 target seems appropriate.

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The Loonie hit multi-year lows against the USD on the back of terrible numbers and hints from the BoC at easing (which is still far from impending at the moment). The Aussie has showed some strength this week but RBA governor Glenn Stevens wants it in the low 80's versus the USD (at .91xx as of now). Which currency is set to be weaker? I'm not sure. What I am...

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The pair is at a major level of resistance/support over the last SEVEN years. Good for a shot at a short-term short or a spot to take some profits to reinvest at cheaper levels? EDIT: FONTERRA just announced a major dividend cut and reduced forward guidance. That's a pretty big deal. FONTERRA is to NZ what mining is to AU. Before deciding how to act be sure to...

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Rationale is in the chart. EDIT: FONTERRA just announced a major dividend cut and reduced forward guidance. That's a pretty big deal. FONTERRA is to NZ what mining is to AU. Before deciding how to act be sure to give this some serious thought. And the US House and Senate just announced a budget deal which will avoid, at least through the first quarter 2014, any...

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Well, I guess I am a Kiwi bull for now. Rationale is in the chart. EDIT: FONTERRA just announced a major dividend cut and reduced forward guidance. That's a pretty big deal. FONTERRA is to NZ what mining is to AU. Before deciding how to act be sure to give this some serious thought. Should help us get to the entry point. We'll see.

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This pair will make you money in 2014. Rationale in the chart.

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Nice convergence/divergence setting up on the 4hr chart. The Aud has got hammered lately, so play it safe.

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Thoughts in the chart.

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Rationale in the chart.

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Rationale in the chart

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Thoughts in the chart.

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Thoughts in chart

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Rationale in the chart. Get long on buyers remorse.

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We're still drifting upward from an earlier double bottom and in the short-term we may have just completed another. With solid Chinese and Aussie data, and no rate cut expected this week, now is a decent spot for a long with a stop somewhere below the big number. Target 95.000 or thereabout.

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Looks like a nice set up for a long if you happen to think tomorrow's data will be positive + FOMC statement might skew hawkish.

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Grab a long now, pop the s/l at 92.90 and t/p at 94.20. As of the time I'm publishing this that's a 3:1 risk/reward. The Aussie got its teeth kicked in on the Chinese bank bad loan catalyst. I think as long as the trend remains up we're near the bottom. For what it's worth, my money is where my mouth is. Long at 93.28 with the above stop/limit in place.

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Some textbook convergence/divergence on the monthly chart. I don't often make Forex trades based on time frames this long because who knows what will happen on the global economic stage, but, if you have a few dollars you want to risk and forget about, I can't see a better place for them.