Top Trade Idea for August 13th 2014 – USD/JPY By Matthew Weller of FOREXcom) A few weeks ago, we raised the possibility that USDJPY could see a breakout from its 7-month descending triangle pattern (see “Time for USDJPY Traders to Wake Up?” for ...

ForexNews.com - Trading Ideas

Top Trade Idea For August 12th, 2014 –USD/CAD By Gregor Horvat of EW-Forecast.com In today’s article we will take a look at USDCAD which has been in a significant recovery for the past five weeks away from 1.0600 area. Market recovered in very sharp ...

ForexNews.com - Trading Ideas

Trade Idea for August 11th, 2014 – USD/CHF By Todd Gordon of TradingAnalysis.com For most of July, USD/CHF (Swiss Franc) steadily rose about 250 pips or 3% from 0.8855 to 0.9106. Since then, the price action has been range-bound in an 85 pip channel ...

ForexNews.com - Trading Ideas

Top Trade Idea For August 8th, 2014 – EUR/GBP By ricspooner of CMC Markets After a major decline, the net effect of price movement in the Euro against the Pound since early July has been a broad drift sideways. This loss of momentum often comes ...

ForexNews.com - Trading Ideas

Top Trade Idea For August 6th, 2014 – NZD/USD By Fawad Razaqzada of forex.com It seems like a long time ago when the NZD/USD was pressing against the 2011 peak of around 0.8800/40. A verbal intervention from the RBNZ was enough to shoot it down by a ...

ForexNews.com - Trading Ideas

Top Trade Idea For August 5th, 2014 – AUD/USD By Brenda Kelly of IG Group London. The RBA, as expected left rates unchanged at 2.5% today. This is the 12th consecutive month that rates have been kept on hold – the longest single period since 2006. ...

ForexNews.com - Trading Ideas

Top Trade Idea For August 4th, 2014 – NZD/USD By Todd Gordon of TradingAnalysis.com Since early July, the New Zealand dollar has been weak against the US dollar. In one month, the Kiwi lost 4% of its value and it seems that will continue. Over the ...

ForexNews.com - Trading Ideas

Top Trade Idea For August 1st, 2014 – AUD/NZD By Michael McCarthy of CMC Markets Australia and New Zealand are separated by a lot more than just the Tasman Sea – and are not so friendly rivals in many sports dear to both countries’ hearts. They ...

ForexNews.com - Trading Ideas

Top Trade Idea For July 29th, 2014 –USD/JPY By Gregor Horvat of ew-forecast.com In today’s update we will take a look at USDJPY as this pair can be very interesting for trading in the next couple of days, maybe even weeks. We can see that market is ...

ForexNews.com - Trading Ideas

Top Trade Idea For July 28th, 2014 – AUD/CHF By Todd Gordon of TradingAnalysis.com As a keen skier, it’s no surprise that Switzerland is one of my preferred European destinations given its slopes, scenery, crisp air and hiking. But during the past ...

ForexNews.com - Trading Ideas

Top Trade Idea For July 25th, 2014 – AUD/CAD By Ric Spooner of CMC Markets Aussie/CAD is testing trend line resistance with momentumoscillators like the slow stochastic in the overbought zone.The high of today’s candle is so far well below ...

ForexNews.com - Trading Ideas

Top Trade Idea For July 23rd, 2014 – USD/JPY By Matthew Weller of FOREX.com Out of all the major currency pairs, the USDJPY has undoubtedly been one of the dullest thus far this year. The pair has been trapped within a tight range from roughly ...

ForexNews.com - Trading Ideas

Top Trade Idea For July 21st, 2014 – EUR/CAD ByTODD GORDON of url Since mid-March, the euro has lost about 7% of its value against the Canadian dollar. This trend seems likely to continue but has paused around the 1.4441 level. While it seems ...

ForexNews.com - Trading Ideas

Top Trade Idea For July 18th, 2014 – AUD/USD By ricspooner of CMC Markets Aussie Dollar has developed quite pronounced support just below .9330. This area coincides with the 30 May peak and the market has since failed to move below this area on 3 ...

ForexNews.com - Trading Ideas

Top Trade Idea For July 17th, 2014 – EURAUD By Mircea Vasiu of capitalpropertiesfx.com Interesting place for the euraud pair as the cross is sitting on a pivotal area both in terms of conflicting fundamentals between the two currencies and ...

ForexNews.com - Trading Ideas

Top Trade Idea For July 16th, 2014 –GBP/USD By Fawad Razaqzada of FOREX.com The pound lost some ground this morning in reaction to the UK labour market data. As expected, the unemployment rate fell to 6.5% in May from 6.6% in April, while jobless ...

ForexNews.com - Trading Ideas

Top Trade Idea For July 15th, 2014 –AUD/USD By Gregor Horvat of ew-forecast.com Today we will take a look at AUDUSD pair and discover a potential trading opportunity. If you are following AUDUSD regularly then you will know that pair has been in ...

ForexNews.com - Trading Ideas

Top Trade Idea for July 14th, 2014 – USD/NOK By Todd Gordon of TradingAnalysis.com In the past few months, the Norwegian krone has performed poorest amongst the G10 currencies. With no evidence that the weakness has ended, we’ve been waiting for ...

ForexNews.com - Trading Ideas

Top Trade Idea for July 11th, 2014 – AUD/USD By Michael McCarthy of CMC Markets The AUD/USD pair is tiring. USD weakness and good trade data from China saw AUD attempt higher levels, only to fade each time. Traders have heard it all before – but ...

ForexNews.com - Trading Ideas

Top Trade Idea for July 9th, 2014 – USD/JPY By Kathleen Brooks of Forex.com The markets are mostly comatose today as we wait for the FOMC minutes this afternoon. Until then we think that tight ranges will prevail. While it is always a tough call to ...

ForexNews.com - Trading Ideas