European banking shares under fire, this could be negative for EUR if it continues.

EURUSD

Keep an eye out for the other data points tonight.building permits and trade balance could both easily move AUD 50+ pips. image

AUD/USD

Steven's not cutting is deffo a possibility, there has been a recovery in the price of iron ore, one of AUD's largest exports. Bloomberg today: Iron Ore Storms Higher as Futures Top Close During April’s Boom Never know, the consensus has been wrong ...

AUD/USD

EURUSD stuck in a bull flag from 1.1154-97 Waiting for a break either side to give a bit of bias image Also that should be "June hi" in red.

EURUSD

where can we get the earliest live prices?

EURUSD

Totally agree that sometimes the broker calls are to lure you in so they can take the other side of the trade. But given the weakness in the US economy my bias would be short USD in the medium term. Could be wrong tho, will be willing to change my ...

EURUSD

EURUSD and USDJPY are very liquid and with tight spreads. The technicals usually hold up well as everyone is looking at the same thing. EURJPY and GBPJPY for violent large pip moves. AUDUSD is also easy to trade.

The best Pairs to Trade?

Its best to trade with a stop to limit your risk. if you don't trade with a stop you are putting your whole account at risk with every trade. This game is about risk management and being consistent over time, and over time there will eventually be ...

Trading without stop-losses

US Q2 GDP came in soft so the Fed will be wanting to support the economy, should lead to a weaker $ as rate hike expectations get moved further into the future. Morgan Stanley are also warning that the worst for the USD is yet to come. Will be ...

EURUSD

At least I had a tight stop.

USD/JPY Discussion

I like this support level. If it breaks its gone. I play it tight because if I'm wrong I need to admit it and get out.@fxsaywhat Don't worry mate, I'm not placing trades before fomc.

USD/JPY Discussion

Nice long at 118.30, but i cant condone trading without a stop. You know that's unlimited risk right? That was some sweet confluence of support around that 118.30 level. Middle of the downward channel and 26/03 low coming together. If you got long ...

USD/JPY Discussion

@Zinot There could deffo be a retracement, but will be picking my spots Here's the chart that was supposed to go in the previous post.

USD/JPY Discussion

Really nice technical bounce in this pair, bouncing off the up trend line and 0.38 fib. The fact that it's now below the 4H cloud that has been support in its recent uptrend doesn't bode well for the kiwi.

NZD/USD

Looks like we came pretty close to that 118.50 level. I've got a low of 118.70 for today. Wait for 120.00-10 if you want to sell again in the short term. The weekly chart is looking ugly. Were well into the cloud support. Will be interesting to see ...

USD/JPY Discussion

These is a massive head and shoulders set up on the daily chart. There's also no stimulus coming from the BoJ in the near future. The break of the up trend at the end of last week was a big signal. We could see 118.50 pretty soon.

USD/JPY Discussion

I think USDJPY has had it, deffo on the way down. Looks like there will be a test of 118.50, if that goes the next battle ground is between 116 - 115.50.

USD/JPY Discussion