Top Trade Idea For June 5th, 2015 – USD/JPY By Ric Spooner of CMC Markets Charles Dow coined the term distribution patterns for broad sideways movements that sit at the top of up trends. They represent a loss of momentum and often indicate turning ...

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Top Trade Idea for June 3rd, 2015 – USD/CAD By Matthew Weller of FOREX.com Last week, we highlighted the near-term bullish channel on USDCAD and concluded that “….a near-term dip back to 1.2400 is certainly in play heading into the end of this week, ...

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Top Trade Idea for June 2nd, 2015 AUD/USD By Gregor Horvat of ew-forecast.com A few weeks back AUDUSD has turned bullish for some time, but most likely only temporary as rally from the low was having an overlapping structure. We know that this is a ...

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Top Trade Idea for May 29th, 2015- AUD/JPY By Michael McCarthy of CMC Markets When two countries are competing for global demand via weakening currencies, who will be the first to blink? The country with the stronger economy…… AUD/JPY this week is a ...

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Top trade idea for May 28th, 2015 – USD/CAD By Mircea Vasiu of url This is a continuation of our previous usdcad analysis from last week as the take profit on the long trade we recommended was hit and then we said that we want to sell the 1.2520 ...

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Top Trade Idea for May 27th, 2015 – GBP/JPY By Fawad Razaqzada of FOREX.com The GBP/JPY last week peaked above the December high of 189.70, and for a time traded at its highest level since September 2008. But the pound sold off and subsequently the ...

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Top Trade Idea for May 22nd, 2015 – AUD/NZD By Ric Spooner of CMC Markets At its last meeting the New Zealand Reserve Bank moved to an easing bias on interest rates. By contrast the Australia’s RBA toned its easing bias back to only a fraction short ...

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Top Trade Idea for May 20th, 2015 – EUR/USD By Matthew Weller of FOREX.com On Monday, we highlighted a short-term bearish Butterfly pattern on EURUSD, noting that the pattern “suggest[ed] a move down toward the 61.8% Fibonacci retracement of the ...

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Top Trade Idea for May 19th, 2015 – AUD/USD By Gregor Horvat of EW-Forecast.com Today’s Top Trade Idea – AUDUSD AUDUSD has turned up in the past few months, but most likely only temporary as rally from the low is having an overlapping structure. We ...

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Top Trade Idea for May 15th, 2015-AUD/NZD By Michael McCarthy of CMC Markets The RBNZ Governor told Parliament this week that the bank will implement macro prudential tools to cool the Auckland housing market. This is seen by some as a sign that an ...

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Top Trade Idea for May 13th, 2015 – AUD/JPY By Fawad Razaqzada of FOREX.com Top trade idea: AUD/JPY The AUD/JPY currency pair is catching our attention today as it is peeking above a key resistance level at 95.95. As can be seen from the chart, this ...

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Top Trade Idea for May 8th, 2015 – EUR/JPY By Ric Spooner of CMC Markets As the weekly chart below shows, the Euro has struggled to get past resistance around 136.00 against the Yen this week. This level has acted as significant support or ...

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Top trade idea for May 7th, 2015 – USD/JPY By Mircea Vasiu of capitalpropertiesfx.com There’s no better pair to trade ahead of the NFP release than the usdjpy as it is highly dependent on what is happening on the US jobs market. From a technical ...

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Top Trade Idea for May 6, 2015 – USD/CHF By Matthew Weller of forexnews.com US dollar bulls took one on the chin this morning with the release of the April ADP Non-Farm employment report. While not as widely-watched as the Friday’s marquee NFP ...

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Top Trade Idea for May 5th, 2015 – USD/JPY By Gregor Horvat of EW-Forecast.com Today’s Top Trade Idea: USDJPY BY ew-forecast.com USDJPY is trading sideways for almost past six months, so we assume that market is in a corrective phase. We see price ...

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Top Trade Idea for May 4th, 2015 EUR/USD By Michael Wright of Global FX Club (Global FX Club) The EUR/USD rallied strongly last week opening at 1.0818 and closing the week at 1.1195 (over 350 pip gain). Though we expect additional gains in the ...

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Top Trade Idea for May 1st, 2015 – EUR/USD By Michael McCarthy of CMC Markets Trading the People’s Currency Never traded the Chinese yuan? The real possibility that USD/CNY will one day be as important as EUR/USD means it’s never too early to start. ...

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Top trade idea for April 30st, 2015 – $GBPCAD By Mircea Vasiu of capitalpropertiesfx.com The gbpcad cross is forming a running triangle that is not completed yet. What is to mention here is the word “running”, which in this case means that the ...

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Top Trade Idea for April 29th, 2015 – EUR/USD By Fawad Razaqzada of Forex.com The EUR/USD will be among the FX pairs to watch this this evening when the FOMC delivers its much-anticipated policy statement. This is expected to convey a dovish message ...

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Top Trade Idea for April 27th, 2015 – GBP/JPY By Michael Wright of Global FX Club. (Global FX Club) The GBP/JPY remains in focus to start off this week as the pair slithers its way into a tight congested zone, with resistance located at the 181.00 – ...

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