theforexportal

theforexportal

Carleton Capital like the look of a SHORT from the area of resistance marked. This area coincides with WR1 pivot and we would expect SELLERS in this area. Our trade recommendation is to SHORT this pair if we get to 1.0864. * Warning - clearly the US Presidential Election will impact across all markets so we have a tight STOP on this trade at 1.0876 which is...

theforexportal

NZD/USD has reached significant fib levels and with price moving out of overbought we at Carleton Capital feel this pair is ready to be shorted. Our AUDNZD algorithm is flagging this as a SHORT at market - .7314. Our STOP is shown at .7347 so this trade carries a 33 pip risk.

theforexportal

The EUR still looks heavily overbought against the GBP and with the current developments over Brexit, its hard to see how the BULLS can resume control of this pair. We at Carleton Capital are recommending SHORTING this pair from these levels. Our STOP is exceptionally wide and is there for safety's sake should we get an unforeseen spike high. We don't expect to...

theforexportal

NZD/USD has strengthened impressively over the last 20+ hours but there are clear signs this rally is exhausted. RSI on H1 is over 80 and this is a decline from earlier levels. We at Carleton Capital are pacing a SELL STOP on this pair from .7287. Price is currently .7299. We have a tight STOP at .7311 for a 24 pip risk. Target is the 200 sma initially at .7160...

theforexportal

Previously I went LONG this pair and having initially placed a tight STOP it was clear that this STOP was too tight so it was removed. Price has pushed down so although I'm 80+ pips down on this trade from my entry at .9814, I'm certain that this is a solid LONG trade that we have added to the position. On H4 this rather nice trendline supports this move north and...

theforexportal

Last week USD/CHF came with 1 pip of parity and has sold off steadily since. It seems inevitable that we're headed higher on this pair so the timing of the entry is key. Having just pushed through support and with signs of the RSI turning north a LONG here with a STOP below .98 may pay dividends. LONG USD/CHF from .9814 STOP .9795 for a 19 pip risk.

theforexportal Updated 

Crleton Capital's AUD algo is suggesting a SHORT from these levels as price hits a strong area of resistance. STOP above resistance at 1.0284 for a 22 pip risk.

theforexportal

Carleton Capital's trade of the week is SHORT GBP/CHF from 1.2176. Quite an area of resistance between 1.2166 and 1.2188 and WR1 pivot lies in between. Almost certain to be sellers in this area so we will be placing a SELL LIMIT order at 1.2175 with a STOP at 1.2200 for a 25 pip risk. Target is unclear but there remains a BULLISH note to the GBP so 1.2121 will...

theforexportal

Prelim GDP earlier today came in at an impressive 0.7% against 0.5% expected. Under normal circumstances this would have sent the GBP across the board soaring. As it was, at around 13:00 the GBP tanked and even Chancellor Hammond's declaration that the UK was in a better position to negotiate as a result of this unexpected growth did nothing to arrest this bout of...

theforexportal

EUR continues its descent against the GBP and its time to jump on board again. Whilst we remain under the trend line shown, this pair remain BEARISH. We at Carleton Capital are SHORT from .8949 with a STOP at .8981.

theforexportal Updated 

Last week saw this pair close under the 200m sma on the weekly time frame. This week sees this pair slide further under the 200 and as we have plenty of room to the downside as far as the RSI is looking, this looks a solid SHORT. Currently we sit 50 pips under the 200 sma on M15 so we have a STOP at 1.4291 which is just above. SHORT EUR/AUD from 1.4242 STOP 1.4291.

theforexportal

GBP/CHF has moved steadily away from the 200 sma on H1 and with GBP showing strength across the board - this pair look to be going higher. We at Carleton Capital are LONG at market from 1.2141 with a STOP under the recent low at 1.2092

theforexportal

Carleton Capital Exclusive are looking to SHORT EUR/CAD from 1.4646 as our Trade of the Week. We are currently at 1.4523 (10:17) Historically the area 1.4612 to 1.4682 as been an active area and all the indications are that should this pair move north this week then this area will come into play again. 1.4646/7 looks to be a likely reversal point this being a...

theforexportal

Last night Carleton Capital went LONG on this pair. This is one of our "feature" pairs. Our feature pairs are those trading pairs on a watch list because of their current price in relation to their historical price. The flash crash low of 1.6706 is the lowest price I have in the last 16 years and without further analysis and confirmation is likely to be an all...

theforexportal

Carleton Capital's algorithm is flagging 1.5842/44 as a potential LONG GBP/AUD. This area is the spike down from the recent GBP flash crash and coincides with WS1 pivot and historical support. A LONG trade from here with a STOP at 1.5816 should be well worth the 28 pip risk. Target is open.

theforexportal

Carleton Capitals AUD algorithm is suggesting a LONG on AUD/NZD from here (1.0677) Support from the 200 sma on H1 and a couple of BULLISH doji reversal candles reinforces this view. LONG from 1.0672 with a STOP below the 200 and Fridays low at 1.0649

theforexportal

Carleton Capitals algorithms are still flagging EUR/GBP as a SHORT trade. Trying to SHORT this pair has been testing with the technicals saying SELL butb with the markets dumping the GBP at every opportunity. We feel taking another stab at this trade is worth while with the RSI weakening. SHORT EUR/GBP from .9041 STOP .9071 for a 26 pip risk* (* tight STOP which...

theforexportal

SHORT here from 78.83 STOP 79.20.