Investment Strategies
USD/JPY Below Cloud First in 10 Months
8:45 PM (EST) Update USD/JPY Daily: Breaks below Ichimoku Cloud’s . Could this be the beginning of a new downtrend? Forex Trading Idea: Wait for the confirmation
AUD/USD Pulling Back Below 38% Fibonacci
4:30 PM (EST) Update AUD/USD Daily: Pulling back while remaining above Ichimoku’s cloud and 23% Fibonacci Forex Trading idea: Long positions above 0.7980 targeting 0.8150 and 0.8245 in
NZD/USD Back Above Ichimoku
11:45 AM (EST) Update NZD/USD Daily: Bounced back above Pivot level and Ichimoku cloud. Upside Prevails Trading Idea: Above second pivot level of 0.76 look for
5 Hot Gossip Points on EU
9:00 AM (EST) Update Where could Mr. Euro be going on the forex dance floor? Gotta do a recap economic conditions hot gossips out of the countries
6 Bank of England Takeaways
If you’re trading Mr. British Pound and Mr. Euro on the forex dance floor and are wondering what is their next dance moves, better read
GBP/USD broke above 38% Fibonacci
3:00 PM PM (EST) Update GBP/USD Daily: Moving above the Ichimoku Cloud, the pair confirmed above 38% Fibonacci level Trading Idea GBP/USD confirmed above 38% Fibonacci
USD/CHF Trading: Downside prevails
2:30 PM (EST) Update USD/CHF Daily: Moving towards Second Target and Broke Below 50% Fibonacci Level. Moving within a falling channel. Forex Trading idea: Short positions below
USD/JPY Down on Bad US Retail Sales Data
10:00 AM (EST) Update USD/JPY Daily: Breaks below Ichimoku Cloud’s remaining inside an extended Triangle Forex Trading Idea: Short term small range trades with resistance at 120.27
AUD/USD back to 23% Fibonacci
8:20 AM (EST) Update AUD/USD Daily: Back above Ichimoku’s Testing 23% Fibonacci Forex Trading idea: Wait for a confirmation above 0.8041 Hot Economic Movers: China Mr. Aussie