Top Trade Idea For January 24th, 2014 – EUR/AUD By Michael McCarthy of cmc markets Overnight manufacturing data from Europe surprised on the upside. The German manufacturing PMI read at 56.3, from 54.3 previously and above the consensus estimate of ...

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Top Trade Idea For January 22nd, 2014 – AUD/USD By Kathleen Brooks of Forex The Aussie has been in recovery mode today after stronger than expected CPI, which virtually wiped out the prospect of a rate cut from the Reserve Bank of Australia any time ...

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Top Trade Idea For January 21st, 2014 - USD/JPY By Dave Floyd of Aspen Trading As traders, we want to be careful about headlines and then allowing then to give us false trading signals. If you looked up from your screens last week you likely saw ...

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Top Trade Idea For January 17th, 2014 – AUD/USD By Michael McCarthy of CMC Markets Weaker than expected job creation in December saw AUD/USD touch a three and a half year low over the last twenty four hours. A stated desire from the RBA for a lower ...

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Top Trade Idea For January 16th, 2014 – AUD/USD By Raghee Horner of IBFX The aussie had a nice reprieve right up until 7:30pm EST last night when the jobs number were a dismal miss. There were some not-so-quiet talk of a better-than-expected release ...

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Top Trade Idea For December 15th, 2013 – USD/CAD By Kathleen Brooks of FOREX.com USD/CAD has risen over 1% since the payrolls shocker on Friday; however, there could be further upside to go. This pair broke to fresh multi-year highs on Wednesday ...

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Top Trade Idea For January 14th, 2014 – USD/CHF By Gregor Horvat of ew-forecast.com From an Elliott Wave perspective we see USDCHF now in a pullback mode from 0.9125 where pair completed a five wave rise from 0.8800 low as shown on the 4h chart ...

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Top Trade Idea For January 13th, 2014 – EUR/JPY By Ed Ponsi of Barchetta Capital Management LLC The yen is strengthening across the board, reversing last year’s most prominent major currency trend. There are two main reasons why the yen could rally ...

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Top Trade Idea For January 10th, 2014 – AUD/NZD By Michael McCarthy of CMC markets A lower AUD is the stated desire of the governor of the Reserve Bank of Australia. Deteriorating terms of trade, historically low interest rates and concerns about ...

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Top Trade Idea For January 9th, 2014 – EUR/AUD By Raghee Horner of IBFX The Euro Sinks on Draghi’s Comments Thanks! That’s what I say because the euro weakness against the loonie and aussie specifically offers traders an opportunity to set up ...

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Top Trade Idea For January 8th, 2014 – EUR/USD By Fawad Razaqzada of FOREX.com The EUR/USD failed to react positively to the release of a much-stronger-than-expected eurozone retail sales figure, which showed an increase of 1.4% in November. It rose ...

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Top Trade Idea For January 7th, 2014 - Gold By Carol Harmer of LIFFE Gold is correcting back to the 38.2% fib level at the moment...this is at 1251...and if we can clear 1246 this is where we will head...It is advisable to cover all long positions ...

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Top Trade Idea For January 6th, 2014 - DXC & EUR/USD By Dave Floyd of AspenTrading.com Since the latest rally off the lows in the Dollar Index (DXC) the major FX pairs have seen some wild moves. However, what pair is best suited to take advantage of ...

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Top Trade Idea For January 3rd, 2014 – EUR/USD By Ric Spooner of CMC Markets As I write this piece, the Euro is showing signs of breaking clear of the support between a minor double top pattern.Today’s trade idea is to sell with an initial stop that ...

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Top Trade Idea For December 19th, 2013 – EUR/USD By Raghee Horner of IBFX The EUR/USD has entered a daily swing buy zone but this could be an uncomfortable entry to take on weakness. The swing buy triggered at the 34 period EMA high/1.3670. image ...

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Top Trade Idea For December 18th, 2013 – AUD/USD By Fawad Razaqzada The long wait for the FOMC decision is almost over. At 19:00 GMT (14:00 ET) the Fed will release its policy statement, followed by Bernanke’s press conference half an hour later. We ...

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Top Trade Idea For December 17th, 2013 – Crude Oil By Gregor Horvat of EW-Forecast.com Crude oil reversed sharply to the upside three weeks back so it seems that five waves down completed larger degree of wave 3) and that current rally is a part of ...

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Top Trade Idea For December 16th, 2013 – USD/CHF By Ed Ponsi of Barchetta Capital Management LLC Since mid-November, the U.S. Dollar Index has been grinding lower. Some credit a visible improvement in the U.S. economy, with strength in non-farm ...

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Top Trade Idea For December 13th, 2013 – EUR/CAD By Ric Spooner of CMC Markets Sell rejection ofEUR: CAD Channel Resistance The Euro is in the process of making its 5th assault on well defined trend channel resistance. My trade idea this week is to ...

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Top Trade Idea for 12th December 2013 – AUD/NZD By Raghee Horner of IBFX This trade has a longer-term time horizon and will reward traders who are patient and realize that REAL trends DO correct. The AUD/NZD has accelerated to the downside as RBA ...

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