Happy Friday Traders! I wanted to bring to your attention a potential trading opportunity for the USDTRY pair. I’ve been watching this one for a while and price has continued to respect both the upper and lower boundaries of this …
In the Forex Market, a currency pair, or any other trading instrument for that matter, is always in one of two phases; a trending phase or a consolidation period. Throughout strong trending periods, prices tend to move uninterrupted from one …
Hi there Traders, Flipping through some charts this morning and noticed what could be a classic topping pattern in the INDIA 50, or Nifty as it’s affectionately known as. What tends to happen with government debt, is that they sell …
G’day Traders, I hope you all had an awesome weekend! As shown in the weekly chart below, it looks as though something is on the horizon for GBPCAD as price lingers around some pretty heavy resistance. We’re presented with two …
Happy Friday Traders! I’ve been watching this chart for a while now and it looks as if we’re soon approaching decision time for NZD/USD. As shown on the daily chart below, the Kiwi / US pair is displaying a potential …
Happy Friday traders, It’s been a shaky several days across the indexes lately, but what’s our old friend GOLD up to? Let’s take a look at a weekly chart. XAUUSD Weekly: After breaking out of our downtrend line last year …
Good morning traders, We’re presented with a potential short setup in NZDUSD. Consider the 4 hour chart of NZDUSD below: As you can see in the chart above, price has recently broke out of a short term uptrend. While this …
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