Investment Strategies
Forex Trading Week Ahead
Looking to the week ahead, Greece will be on everyone’s minds (again) as time really is running out and they either compromise, compromise, compromise, or
USD/JPY: Heading Up, Unable to Break Below Pivot
9:00 AM (EST) Update USD/JPY 4 Hour: Heading Up, Unable to Break Above Pivot Level Suggested positioning: Long positions above 118 target 119.25 Technical reasons
NZD/USD: Rebounding from resistance level of 0.7680
8:30 am (EST) Update NZD/USD 4 Hour: Rebounding from resistance level of 0.7680 Suggested positioning: Short positions below 0.7680 with targets set at 0.7650 and
USD/JPY Formed a Spinning Top Above Pivot Level
2:00 PM (EST) Update USD/JPY Daily: Formed a Spinning Top Above Pivot Level Suggested positioning: No Positions Wait for Confirmation Technical reasons why: The pair
USD/CAD: Caution. Unable to Break Below Ichimoku Cloud
1:00 PM EST USD/CAD Daily: Unable to Break Below Ichimoku Cloud Suggested positioning: No positions. Wait for confirmation Technical reasons why: While the pair broke
Forex GBP/USD: Bullish sentiment slows before 23% Fibonacci
12:45 PM (EST) Update GBP/USD Daily: Bullish sentiment slows before reaching 23% Fibonacci Suggested positioning: Short position below 1.51 with targets set at 1.4620 and
Exotic Currency Pairs Trading – Good or Bad?
You obviously would find different people “exotic” depending on where you are from. In Japan, a blond white guy with blue eyes is pretty exotic
NZD/USD Rebounding from Support Level
10:00 pm (EST) Update NZD/USD 4 Hour: Rebounding from resistance level of 0.7680 Suggested positioning: Short positions below 0.7680 with targets set at 0.76 and
USD/CAD: Bearish Sentiment Exhausted?
USD/CAD 4-hour: Reached our second bearish target of 1.2181 Suggested positioning: No positions. Wait for confirmation Technical reasons why: The pair broke below all our