Investment Strategies
USD/CHF: Literally Consolidating
6:00 PM (EST) Update USD/CHF Daily: Spinning Tops All Over the Place Forex Trading idea: Are you kidding me? Technical reasons why: While we have
VIDEO: 4 Pillars of US Economy
‘-Breaking News : U.S. Consumer Confidence Index Unexpectedly Dropped in April – The US dollar has been trading softer on near-term strategies, but the longer-term
USD/JPY Testing Lower Ichimoku Band After Poor Japan Retail Sales
7:25 AM (EST) Update USD/JPY Daily: Testing Ichimoku Cloud’s Lower Level Suggested positioning: None Technical Analysis: The pair continues to range inside a symmetrical triangle
NZD/USD: Upside Prevails Ahead of CB Consumer Confidence
6:30 am (EST) Update NZD/USD Daily: Broke Above Pivot Level after Spinning Top Trading Idea: Long positions above 0.7675 targeting 0.77 Technical reasons why: After
GBP/USD Forex Trading: Short Term Bearish
8:30 PM (EST) Update GBP/USD Daily: Testing 23% Fibonacci at 1.5219 Trading Idea Short Term: Bearish below 1.5219 targeting 1.5130 Long term: Bullish above 1.5219
USD/CAD Trading Signal: Bearish Below Pivot
5:00 PM EST USD/CAD Daily: Confirmed below Pivot Level. Downside Prevails. Trading idea: Bearish below 1.22 targeting 1.19 Risk event coming up: Bank of Canada
USD/CHF Tests Below Head & Shoulder Neckline
1:15 PM (EST) Update USD/CHF 4 Hour: Break below the Head & Shoulders Pattern Neckline Could be Close Forex Trading idea: Short positions below pivot
Weekend summary and the week ahead
Forex pairs welcomed a calm start of the week on the forex dance floor Monday morning during the Asian session but we have a busy
USD/JPY Reached Bearish Target of 119.25
9:00 AM (EST) Update USD/JPY Daily: Testing Ichimoku Cloud’s Lower Level Suggested positioning: None Technical Analysis: The pair continues to range indies the Ichimoku cloud.