AUD/CHF Trade Example

We recently completed a bearish butterfly that wasn’t posted on FX360. Here we examine what can be learned from this.

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Swing Technicals- GBP/USD Short Opportunity at 1.5284

CURRENCY
CURRENT BIAS
POTENTIAL STRATEGY

EUR/USD (Medium Term)

Wait until a new pattern emerges.

GBP/USD (Medium Term)

Sell GBP/USD at 1.5284. Stop at 1.5372. Profit target at 1.5151.

USD/JPY (Medium Term)

Wait until a new pattern emerges.

USD/CHF (Medium Term)

Wait until a new pattern emerges.

USD/CAD (Medium Term)

Wait until a new pattern emerges.

AUD/USD (Medium Term)

Wait until a new pattern emerges.

NZD/USD (Medium Term)

Sell NZD/USD at 0.7141. [...]

Solid GBP/JPY Sell Emerging…

Should the GBP/JPY continue to rally off near-term double bottom support at 1.3390, a selling opportunity at 139.12…

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Intraday Technicals: AUD/USD Testing Key .9170 Resistance

CURRENCY
CURRENT BIAS
POTENTIAL STRATEGY

EUR/USD (Short Term)

Waiting for new pattern to emerge

GBP/USD (Short Term)

coming off 78.6% support near 1.4870 following recent long-term bullish pattern completion (see weekly). Looking for bullish intraday pattern to emerge.

USD/JPY (Short Term)

re-testing key 61.8% daily resistance/pivot near 90.65.

USD/CHF (Short Term)

Watching for key resistance near 1.0840 (bearish gartley & trendline resistance).

USD/CAD (Short Term)

Waiting [...]

What Makes Prices Move?

Technical factors? Fundamental factors? We will discuss why markets move and why it is important to understand the factors behind that movement.

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Swing Technicals- USD/CHF Approaching Short at 1.0836

CURRENCY
CURRENT BIAS
POTENTIAL STRATEGY

EUR/USD (Medium Term)

Wait until a new pattern emerges.

GBP/USD (Medium Term)

Wait until a new pattern emerges.

USD/JPY (Medium Term)

Wait until a new pattern emerges.

USD/CHF (Medium Term)

Sell USD/CHF at 1.0836. Stop at 1.0871. Profit target at 1.0783.

USD/CAD (Medium Term)

Wait until a new pattern emerges.

AUD/USD (Medium Term)

Wait until a new pattern emerges.

NZD/USD (Medium Term)

Sell NZD/USD at 0.7141. [...]

Further USD/CHF Losses Ahead?

A potential USD/CHF selling opportunity may present itself this week based on an emerging

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Dollar: When Will The FED Raise Rates?

The fragmented price action in the forex markets reflect the sharp disparity between what is happening in the North America and Asia with that of Europe. The dollar traded lower against all of the major currencies except for the euro and British pound. Growing concerns about fiscal deficits has scared investors from putting [...]

Dollar: When Will The FED Raise Rates?

The fragmented price action in the forex markets reflect the sharp disparity between what is happening in the North America and Asia with that of Europe. The dollar traded lower against all of the major currencies except for the euro and British pound. Growing concerns about fiscal deficits has scared investors from putting [...]

EUR/USD: (1.3646) Rebound retested 1.3693

Rebound from minor new year low puts the pair back in the daily channel off Dec high, with 1.3693 having been retested (see graph) : Support area at 1.3628/ .3622 (daily Short Term Moving Average?/ reaction low hourly), with next levels at 1.3602/ .3590 (daily Medium Term Moving Average?/ daily envelope bottom), ahead of 1.3537/ [...]