Top trade idea for May 20th, 2016 – AUD/JPY By Michael McCarthy of CMC markets Writers are often advised to read widely. The idea is that the greater the input, and the range of the input, the better the output. The same is true for traders. The ...

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Top trade idea for May 19th, 2016 – GBP/USD By Mircea Vasiu of capitalpropertiesfx.com GBPUSD acting extremely bullish as the day the Fed released the minutes, namely yesterday, a poll in the UK showed that the sentiment is leaning toward a stay at ...

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Top trade idea for May 18th, 2016 – USD/CAD By Fawad Razaqzada of Forex.com The US dollar has eased of its best levels after rebounding across the board following the release of some strong US macroeconomic pointers on Tuesday. Meanwhile, the ...

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Top trade idea for May 17th, 2016 – NZD/USD By Gregor Horvat of ew-forecast.com On the 4H chart of NZDUSD we are observing an idea of an ending diagonal placed in the last blue leg C, that was recently completed, as sharp reversal through the lower ...

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Top trade idea for May 16th, 2016 – USD/CHF By Vladislav Antonov of Alpari Trading opportunities for currency pair: the USD/CHF has crept up close to a strong resistance. A break at 0.98 is expected and then a strengthening of the USD against the ...

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Top trade idea for May 13th, 2016 – USD/CAD By Michael McCarthy of CMC markets The most crowded trade of 2015 – long USD – has burnt holes in many pockets over the last six months. Although weaker US data helped, the circa 8% fall in the US Dollar ...

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Top trade idea for May 11th, 2016 – EUR/JPY By Fawad Razaqzada of Forex.com The EUR/JPY may have formed a reversal pattern at around 121.70-122.00 area at the end of last week. Price action has been bullish since, with some key short-term resistance ...

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Top trade idea for May 6th, 2016 – EUR/GBP By Ric Spooner of CMC Markets The Euro has lost upward momentum against the Pound in recent weeks. This is creating what’s shaping up to be a classic distribution style pattern at the top of a strong ...

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Top trade idea for May 5th, 2016 – NZD/USD By Mircea Vasiu of capitalpropertiesfx.com The NZDUSD pair here is forming the c wave of a flat pattern that must be confirmed and this confirmation comes only if market completely retraces wave c in green ...

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Top trade idea for April 29th, 2016 – USD/JPY By Michael McCarthy of CMC markets Contrarian traders lead a miserable existence. Around half the time, their trading peers consider them eccentric. Some of the time they suffer as fools, and at times ...

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Top trade idea for April 27th, 2016 – NZD/JPY By Fawad Razaqzada of Forex.com The focus for much of the week has been on the FOMC statement, which is understandable given the lack of any clear trend for the dollar and especially for the EUR/USD ...

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Top trade idea for April 25th, 2016 – AUD/USD By Vladislav Antonov of Alpari Trading opportunities for currency pair: a pinbar with an upper shade of 130 points has formed on the weekly. It’s a shame that the body is bullish. It’s highly likely that ...

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Top trade idea for April 22nd, 2016 – GBP/AUD By Ric Spooner of CMC Markets This has been a big downtrend. The Pound has been hit by the Brexit vote while the Aussie Dollar has ridden the wave of an unexpected resurgence in commodity prices. Chief ...

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Top trade idea for April 21st, 2016 – GBP/CAD By Mircea Vasiu of capitalpropertiesfx.com The GBPCAD chart above is actually coming from the weekly time frame but I zoomed out on the daily to see the details much better. We have an impulsive move to ...

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Top trade idea for April 20th, 2016 – EUR/GBP By Fawad Razaqzada of Forex.com The outcome of the European Central Bank’s latest policy decision is due on Thursday. Having just expanded QE at the last meeting in March, the ECB is unlikely to alter ...

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Top trade idea for April 19th, 2016 – USD/CHF By Gregor Horvat of ew-forecast.com USDCHF has turned sharply higher last week, clearly with impulsive price action away from 100% Fibonacci level of wave A) compared to wave C). We have seen a very ...

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Top trade idea for April 18th, 2016 – NZD/CAD By Vladislav Antonov of Alpari Trading opportunities for currency pair: negotiations in Doha have collapsed. From trade opening on Monday, oil has fallen to $41 per barrel, the NZD is up to 0.8945 ...

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Top trade idea for April 15th, 2016 – GBP/USD By Michael McCarthy of CMC markets The chances of a Brexit appear low, at least judging by the more reliable phone polling as opposed to the self-selected internet polls. However, the uncertainty in the ...

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Top trade idea for April 14th, 2016 – USDCHF By Mircea Vasiu of capitalpropertiesfx.com Despite the move higher I am looking for another pullback on the USDCHF pair and if you want the fact that it is hesitating at this upper side of a channel makes ...

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Top trade idea for April 13th, 2016 – USD/CAD By Fawad Razaqzada of Forex.com he USD/CAD is in focus today and will remain so for a good few days ahead of Bank of Canada policy decision, US and oil stockpiles data all on Wednesday, and Russia-OPEC ...

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