We are getting a nice spread in the correlation between AUD/JPY & EUR/JPY, if the spread narrows you will have ample opportunity to profit. Please see the chart for further details.
This correlation trade between AUDUSD & GBPUSD is setting up very nicely. The description and reasoning for the trade is on the chart.
We have a possible correlation trade between EUR/USD & EUR/GBP. The spread in the correlation has come to a point on the 4 hour chart which may provide a nice trade, you should be able to capture some profits as that spread narrows. The trade should be as follows: Short EUR/USD and Long EUR/GBP.
The correlation between the EUR/USD & EUR/GBP on the 1 hour chart has approached a wide enough level that it may produce a nice trade when that gap narrows.
As of 12/30/2014 @ 19:56 EST: We have identified EUR/AUD as a short candidate as this pair is starting to roll over on the daily chart. A look at the weekly will show a head and shoulders pattern developing with some downside bias, If you look further out to the monthly chart you will see the longer-term trend is to the downside. The Global Currency Scalper...
As of 12/29/2014 @ 21:19 EST We have identified USD/SGD as a long trade potential with significant upside potential. On the daily chart above you can clearly see this pair is in an uptrend. We traded it earlier this month after a bounce off the 23.6% Fibonacci level. Further research will show USD/SGD is preparing to make a multi-year high if it can take out...
As of 12/30/2014 @ 8:12 EST: We have identified EUR/JPY as a potential trend reversal short trade. This pair has been in an uptrend on the daily and weekly charts but is showing signs of rolling over. Initially trying hold and bounce off the 23.6% Fibonacci retracement level but after a consolidation period it has begun to breakdown. Could this be the start of...
This could be a nice correlation trade between EURAUD & EURGBP, check the chart for more details.
Our Unique Forex Algorithm is looking at CHFJPY. This pair has seen a recent pullback from its move up over the past few weeks. This pullback may have put in a short-term bottom and may be setting up for a move higher. Please refer to the chart for more information.
Our Unique Forex Algorithm is looking for EURAUD to make a move higher if a certain price level is taken out. Please refer to the chart for further details.
Our Unique Forex Algorithm is predicting higher prices for GBPJPY if a certain level is taken out. This pair could be extended so we recommend staying on your toes with a decent stop. Please refer to the chart for further information. THIS SIGNAL HAS BEEN CXLD.
Our Unique Forex Algorithm is seeing strength in the AUDJPY and prices could move higher if a certain price level is taken out. Volume will need to pick up and could pick up above this level. Our Algorithm is predicting that volume will pour in if this event happens. Please see the chart for more information.
Our Unique Forex Algorithm is showing strength in the EURAUD. It has given an entry price and is calculating a move higher if a certain price is taken out. Please see chart for more information. **Sorry obviously we made a mistake on the pricing in this chart. Levels are 1.43991 as entry, 1.44420 as forecast, 1.42361 as stop.
A possible move higher could be coming for AUDJPY. It would be a resumption of the bullish trend over the past 5 - 6 weeks, Our Unique Forex Algorithm is giving a forecast if the pair breaks a certain price level. Please see the chart for more information.
We could see a possible breakout of USDJPY if certain price levels are breached, consequently seeing a grind higher to the 108.000 level. Please see chart for more details.
Our Unique Forex Algorithm is looking for USDCHF to resume it's 2 month rally if certain prices are broken. Please refer to the chart for more details.
Our Unique Forex Algorithm is indicating EUR/JPY may see a selloff if a specific price is broken. If this event happens then the forecast price is projected to be hit within 48 hours. Please refer to the chart for more information.
We are looking at a possible short in EURCAD if the 50% Fib can hold it from moving much higher. With the RSI & MACD both in overbought territory we would like to see them both confirm a move down before taking action. Bollinger Bands may also hold this pair from moving much higher and causing a pullback. The overall trend is lower over the past 12 months, we...