Trade Ideas

EURJPY Short Term Distributions Before breaking 2019 Highs

Beach Energy Limited (BPT.AX) Extremely Attractive At $1.50

EURUSD Buying Opportunity To Test 1.200

August 30th

Gold Again Approaching $2,000 And Could Strike New…

August 30th

Technical Report - Trade Ideas and Key Levels

August 3rd

GBP/CHF Long Trade Idea

July 7th

EUR/USD Long Trade Idea

15 Minute Timeframe – EUR/USD 02/07/2020 7:30 AM Technical As illustrated above, EUR/USD has broken out of a descending trendline with prices currently displaying signs of breaking above a pendant (continuation structure). A break out above the continuation pendant structure is likely to see further upside. It is worth noting…
July 2nd

AUD/NZD Short Trade Idea – Long Term

Weekly Time Frame – AUD/NZD 03/06/2020 20:00pm Technical As illustrated above, AUD/NZD has been trading in a wedge-like structure. Prices are currently testing the upper weekly trendline support. It is evident this weekly trendline has been a strong barrier for this pair, with multiple previous rejections. A close below the…
June 3rd

CAD/JPY – Long Trade Idea

4 Hour Chart – CAD/JPY 01/06/2020 11:15am Technical CAD/JPY is currently in an uptrend, forming higher highs and higher lows. Prices are currently testing a key daily resistance at 78.368. Recent candles on the 1-hour timeframe are showing bullish rejections from this zone, indicating a possible move higher. However there…
June 1st

EUR/USD – Breakdown for the week ahead

Daily Chart – EUR/USD 29/05/2020 21:00pm Essential Insight EUR/USD has broken out of a significant consolidation zone between 1.07950 and 1.09830, to the upside. EU unravels a EUR 2.4 trillion 7-year recovery plan. Dollar Index takes a tumble below key 98.85 support level. EUR/USD bullish trade idea. Technical EUR/USD has…
May 29th

EUR/USD – Short Trade Idea

3 Hour Chart – EUR/USD 26/05/2020 09:30am Technical EUR/USD is currently testing a key monthly resistance level at 1.09900. Price has previously rejected 3 times from this zone with each rejection seeing a bearish rally to at least 1.09000. 1 Hour Chart – EUR/USD 26/05/2020 09:30am The 1-hour timeframe shows…
May 27th

GBP/USD – Short Trade Idea. Price Action Defying Fundamentals

1-Hour Chart – GBP/USD 26/05/2020 18:30pm Essential Insights GBP/USD rallied sharply towards the upside on USD weakness Fundamentals still weight heavy on pricesMarket may be overly optimistic on reopening of economies Technical Prices rallied over 100 pips to 1.23600 before retreating. This move comes as the dollar index fell sharply…
May 26th

GBP/USD – Long Trade Idea

2 Hour Chart – GBP/USD 19/05/2020 18:00pm Technical GBP/USD is currently resting on a critical daily support at around 1.22380. Prices are currently rejecting from this area, potentially signifying a bullishing push to come. However, even though prices are sustaining themselves above the weekly support, it is struggling to break…
May 19th

NZD/JPY – Long Trade Idea

Recent price action shows a small falling wedge forming on the lower timeframe. A break above this wedge could see the upper trendline resistance of the channel being met shortly after.
May 18th

USD/CAD Stays Below the 1.4045 Resistance

Oil gained power again and reached the $27 mark. A 1.4045 level stopping the USD/CAD from its upward movement. On Thursday, the BOC Governor Poloz speaks
May 12th