Tag Archives: US$

Trade Idea : 19 Oct: Buy UsdChf

These market alerts are provided as part of a trial basis only.  Buy UsdChf @ 0.9780 SL @ 0.9730 TP @ 0.9880 This order is only good for entry purposes until 5.00 pm NY time today Trade Description: US$Chf still looks good in the medium term charts and I think the dollar will end up heading higher although… Read More »

Trade Idea: 18 Oct Sell Eurusd

These market alerts are provided as part of a trial basis only. Sell EurUsd @ 1.1820 SL @ 1.1880 TP @ 1.1680 This order is only good for entry purposes until 5.00 pm NY time today Trade Description: The head and shoulder formation seems to be gathering pace and looking for levels to get short seems to be… Read More »

14 Aug: Forecast: FX: US$/Majors

I will be travelling for the next 4 weeks and the service will be limited. Daily updates, mainly trading ideas will be posted at various stages during teach session. EURUSD: 1.1821 24 Hour: Neutral Medium Term: Prefer to sell rallies Preferred Strategy: While the short term momentum indicators look mildly positive, the dailies still point  lower although buying… Read More »

1 Aug: Forecast: FX: US$/Majors

  EURUSD: 1.1837 24 Hour: Prefer to buy dips Medium Term: Mildly Bullish The Euro has finished at session and 2 ½ year highs on Monday, with the dollar under general pressure, spiking higher and triggering stops once 1.1800 was taken out. This all means that the Euro will finish the month at trend highs –a rather bullish… Read More »

28 June: Forecast: FX: US$/Majors

  Economics/ Politics/Central Banks: Central Bankers galore, with more to come, including more from Draghi as well as Carney, Kuroda and Poloz. The main focus of the previous session were : Draghi: “All the signs now point to a strengthening and broadening recovery in the Euro area” and Yellen: “We intend to very gradually and predictably shrink our… Read More »

20 June: Forecast: FX: US$/Majors

  EURUSD: 1.1148 EurUsd has traded heavily on Monday, following the Fed’s Dudley making some upbeat comments on the US economy, and the pair is finishing near the day’s lows of 1.1142. With the momentum indicators now all looking heavy, further losses look likely to test last week’s lows at just above 1.1130 beyond which would allow a… Read More »