Top trade idea for August 26th, 2016 – USD/SGD By Michael McCarthy of CMC Markets The annual meeting of central bankers at Jackson Hole is here at last. MsYellen’s set speech, entitled “The Federal Reserve’s Monetary Policy Toolkit”, may or may not ...

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Top trade idea for August 23rd, 2016 – USD/NOK By Gregor Horvat of ew-forecast.com On the 4h chart of crude oil we can see that price made a nice rally from the lows, for now in three waves but because of strong bullish momentum with sharp price ...

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Top trade idea for August 19th, 2016 – AUD/USD By Ric Spooner of CMC Markets The Aussie has lost upward momentum against $US this week. On the chart this is indicated by: A trend peak under the upper Bollinger Band following the strong momentum peak ...

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Top trade idea for August 18th, 2016 – EUR/USD By Mircea Vasiu of capitalpropertiesfx.com The EURUSD looks set to completely retrace the Brexit move if one is judging by the aggressiveness of this bullish reaction. However, from my point of view ...

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Top trade idea for August 12th, 2016 – USD/JPY By Michael McCarthy of CMC Markets Many traders do their utmost to avoid crowded trades. Usually, they were hurt at some stage in their trading career by a “buy the rumour, sell the fact” scenario. That ...

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Top trade idea for August 10th, 2016 – GBP/USD By Gregor Horvat of ew-forecast.com S&P500 is trading nicely higher this month, currently at new all-time high after a completed flat correction in wave 4) at 2139 support area. As such, current leg up ...

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Top trade idea for August 5th, 2016 – GBP/AUD By Michael McCarthy of CMC Markets Both the Reserve Bank of Australia and the Bank of England cut rates this week. However, there is a clear difference in the performance of the respective currencies. ...

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Top trade idea for August 4th, 2016 – AUDUSD By Mircea Vasiu of capitalpropertiesfx.com The ugly chart above is the audusd pair that is looking as bearish as bearish can be despite the heavy buying on each and every dip. Not even the RBA (Reserve ...

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Top trade idea for July 29th, 2016 – GOLD By Ric Spooner of CMC Markets Last week’s low in gold looks like a rejection of support and the 38.2% Fibonacci retracement. Moves to the 38.2% level often turn out to be the first move in a deeper ...

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Top trade idea for 28th July – EURJPY By Mircea Vasiu of capitalpropertiesfx.com EURJPY resilience to move lower after the Brexit vote calls for a more cautious approach to the overall risk sentiment as Bank of England provided more liquidity and ...

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Top trade idea for July 26th, 2016 – AUD/USD By Gregor Horvat of ew-forecast.com AUDUSD has turned down from 0.7834 high in May after wave C-circled completed a big corrective wave IV flat pattern. A flat has a 3-3-5 sub-wave structure, so it was a ...

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Top trade idea for July 22nd, 2016 – EUR/USD By Ric Spooner of CMC Markets Draghi’s dilemma puts EURUSD double bottom in play The ECB’s caution on post Brexit stimulus has seen the Euro pause at chart support. Today’s Flash PMI data might decide ...

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Top trade idea for July 21st, 2016 – EUR/USD By Mircea Vasiu of capitalpropertiesfx.com Ahead of the ECB today I would like to show a bearish pattern in the makings on the EURUSD pair and it doesn’t really matter if it is going to be a Euro related ...

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Top trade idea for July 15th, 2016 – GBP/USD By Ric Spooner of CMC Markets “The trend is your friend.” It’s one of the market’s great old sayings and this is exactly the kind of situation it refers to. After a massive decline, the Pound has begun to ...

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Top trade idea for July 14th, 2016 – AUD/USD By Mircea Vasiu of capitalpropertiesfx.com Ugly pattern on the AUDUSD pair in the sense that we have a double combination to the downside that retraced between 61.8% and 70% only to be followed by a ...

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Top trade idea for July 13th, 2016 By Gregor Horvat of ew-forecast.com Stocks recovered very nicely and sharply since mid of February so new bullish reversal is here. Reason for a bullish trend is a five wave rise from 1802 which is an impulsive ...

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Top trade idea for July 11th, 2016 – NZD/CAD By Vladislav Antonov of Alpari The NZD/CAD is at the upper limit of the upward trend channel. It’s worth buying from the trend line with 0.9585-0.9663 targets. Example purchase level – 0.9345 (23.6% from ...

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Top trade idea for July 8th, 2016 By Ric Spooner of CMC Markets If you are hoping for a pull back to buy into the gold rally, there are signs one might be getting close.As we head into the Non-Farm Payroll release, the gold chart is suggesting a ...

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Top trade idea for July 7th, 2016 – EURJPY By Mircea Vasiu of capitalpropertiesfx.com The chart above shows the EURJPY cross and given the nature of this pattern that formed after the Brexit vote, I would say it is just the beginning to a more ample ...

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Top trade idea for July 5th, 2016 – USD/SEK By Vladislav Antonov of Alpari After the Brexit, the USD/SEK switched into a correctional phase. I reckon that it will continue until August and the rate will not surpass the 8.7451 maximum. On the road to ...

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