Top trade idea for March 13th, 2015 – USD/CAD By ricspooner of cmc markets My trade idea 2 weeks ago involved buying USDCAD on a 3rd rejection of the base of the triangle shown on the daily chart.This trade was triggered when price bounced off the ...

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Top trade idea for March 12th, 2015 – GBP/CAD By Mircea Vasiu of capitalpropertiesfx.com The chart above is the gbpcad cross and we are talking about a bearish scenario for it. The reason for it is purely technical as market ended a five waves ...

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Top Trade Idea For March 11th, 2015 – AUD/NZD By Matthew Weller of forex.com With no new US economic data of note scheduled for release today, the forex market’s recent trends are extending for another day. Of course, the most powerful and ...

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Top Trade Idea For March 10th, 2015 – AUD/USD By Gregor Horvat of EW-Forecast.com Today’s Top Trade Idea AUD/USD On AUDUSD we see five waves down within an extended wave (3) that found some support at the start of February near 0.7600. Till now the ...

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Top Trade Idea For March 6th, 2015 – EUR/JPY By Michael McCarthy of CMC Markets It’s the best of trades, and the worst of trades. The currency wars rage on, as central banks attempt to pillage each other’s domestic demand in an environment of ...

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Top Trade Idea For March 3rd, 2015 – EUR/NZD By Fawad Razaqzada of FOREX.com With the EUR/USD being on the verge of taking another leg lower, the EUR/NZD has already started its move. A day before the European Central Bank meeting, the cross has ...

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Top Trade Idea For February 27th, 2015 – USD/CAD By Ric Spooner of CMC Markets Tuesday’s trend peak in Dollar: CAD confirmed the resistance line of a descending triangle formation. This looks to me like a situation that might provide a trade setup ...

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Top Trade Idea For February 25th, 2015 – AUD/USD By Matthew Weller of forex.com In last Friday’s Week Ahead Preview report, we noted that AUDUSD “[had] held up extremely well despite a surprise RBA rate cut and weak jobs report, suggesting that ...

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Top Trade Idea For February 24th, 2015 – USD/CAD By Gregor Horvat of EW-Forecast.com USDCAD has turned down three weeks back, when pair accomplished a sharp five wave move within an extended red wave 3). If that is the case then traders must be ...

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Top Trade Idea For February 20th, 2015 – AUD/NZD By Michael McCarthy of CMC Markets Australians and New Zealanders share a special love/hate relationship, and at the moment there’s a lot of trans-Tasman Sea chat about the potential for a parity ...

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Top Trade Idea For February 18th, 2015 – EUR/GBP By Fawad Razaqzada of Forex.com The pound has surged higher following a brief hiccup at the start of the week, supported by some really good jobs market data from the UK. The main highlight was the ...

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Top Trade Idea For February 13th, 2015 – NZD/USD By Michael McCarthy Of CMC Markets In 2014, New Zealand led the world. Record highs for the NZ dollar, one of the best growth rates in the developed world, and the first central bank to lift rates in ...

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Top Trade Idea For February 11th, 2015 – EUR/USD By Matthew Weller of FOREX.com The sun rises on a new trading day, and traders rolled out of bed particularly eagerly today in anticipation of the Fed’s monetary policy announcement. With a staggering ...

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Top Trade Idea For February 10th, 2015 – USD/CAD By Gregor Horvat of forecast.com Last week we said to our members that USDCAD can go back to 1.2400 which has happened but with much more aggressive price action than was expected. Notice that ...

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Top Trade Idea For February 4th,2015 – EUR/GBP By Fawad Razaqzada of Forex.com The EUR/GBP has come under a bit of pressure today amid continued uncertainty surrounding Greece and following the release of some economic data from both the Eurozone ...

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Top Trade Idea For January 30th, 2015 – Gold By Ric Spooner of CMC Markets Buy gold if it rejects retracement level Yesterday wasn’t a pretty trading session for gold bugs but the latest pull back may have created an opportunity for potential ...

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Top Trade Idea For January 28th, 2015 – USD/JPY By Matthew Weller of FOREX.com The sun rises on a new trading day, and traders rolled out of bed particularly eagerly today in anticipation of the Fed’s monetary policy announcement. With a staggering ...

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Top Trade Idea For January 27th, 2015 – AUD/USD By Gregor Horvat of EW-Forecast.com On Aussie we have seen another leg down last week, beneath 0.8000. Based on the latest decline and extended structure from the past few months, we suspect that ...

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Top Trade Idea For January 21st,2015 – GBP/USD By Fawad Razaqzada of FOREX.com The two dissenters at the Bank of England finally changed their minds, meaning the MPC voted unanimously for interest rates to remain on hold at the first policy meeting ...

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Top Trade Idea For January 16th, 2015 – NZD/JPY By Ric Spooner of CMC Markets The Kiwi made a low against the Yen a couple of days ago at the same level it did in mid-December. Not only that, the declines into these lows both consist of 3 swings. ...

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