Currency Strength Meter: 26th July Become a member The currency strength meter shows us that the JPY is the strongest currency however it is in a reversal zone and with the recent rally in the stock market we could see the JPY start to weaken. The USD also remains high on the strength meter however […]
Check out our latest video where we discuss the recent changes to the major currencies and the currency pairs to watch for the week ahead. Follow the link to learn more…
In our latest YouTube video, we discuss the potential set ups in the Forex markets this week as well as a EURUSD long opportunity. The weekly timeframe closed bullish on EURUSD suggesting we could see a further rally this week. The hourly averages have crossed and the price is currently re-testing 4hr highs where we […]
NZDJPY is on our watchlist again this week after the market risk-off sentiment continued. The recent outbreak of the coronavirus has seen investors rush to safe-havens with JPY benefitting. Looking at the 4hr timeframe we can see the price is finding support at the key 7135.00 zones. If the price bounces here we can expect […]
Earlier in the week, we spoke of shorting the NZDJPY and why we are doing so. Check out the YouTube video above for the breakdown… Not only did we short the market Tuesday we did so again today in line with our strategy. This was due to our overall analysis and a bigger picture of […]
In this latest forex chart of the day video, we discuss a current NZDUSD long position we have in the markets, why we traded it and how we are managing the position. We used the trade finder indicator to spot the 4hr opportunity as the price re-tested a daily area of support.
In this video update, we take you through a live GBPUSD forex trade, how we managed the trade and why we closed the trade for a profit.