Top trade idea for April 8th, 2016 – GBP/USD By Ric Spooner of CMC Markets The Pound is a chance of completing a “Gartley” buy set up from here. The 78.6% Fibonacci retracement intersects around 1.398 while the move down to this level has been in 3 ...

ForexNews.com - Trading Ideas

Top trade idea for April 7th, 2016 – NZDUSD By Mircea Vasiu of capitalpropertiesfx.com This NZDUSD pair is anything but bullish and from my point of view bears should try to push it below 0.630 again, hence our target. The thing is that the ...

ForexNews.com - Trading Ideas

Top trade idea for April 5th, 2016 USD/CHF and USD/JPY By Gregor Horvat of ew-forecast.com USDCHF did not go far for the last 48 hours so it appears that bears are still here and that current sideways price action is just another pause within down ...

ForexNews.com - Trading Ideas

Top trade idea for April 1st, 2016 – USD/JPY By Michael McCarthy of CMC markets Some traders don’t trade through major data releases. Their reasoning is often that the numbers are simply a roll of the dice, and the potential risks equal or outweigh ...

ForexNews.com - Trading Ideas

Top trade idea for March 31st, 2015 – GBPUSD By Mircea Vasiu of capitalpropertiesfx.com This GBPUSD look bearish from my point of view even though the triangle you can see forming on this daily chart can be a bullish one. But I doubt that. The thing ...

ForexNews.com - Trading Ideas

Top trade idea for March 30th, 2016 – GOLD/SLIVER By Vladislav Antonov of Alpari Gold Deficit Nearing Never before in modern history have central banks gone all out en masse with negative interest rates. First the US, then the Japanese, then the ...

ForexNews.com - Trading Ideas

Top trade idea for March 23rd, 2016 – NZD/USD By Matthew Weller of Forex.com The dollar remains the currency market’s standout performer for the second straight day, gaining value against each of its major rivals after this morning’s as-expected New ...

ForexNews.com - Trading Ideas

Top trade idea for March 22nd, 2016 – GBP/USD By Gregor Horvat of ew-forecast.com GBPUSD has turned up in the last few weeks with very sharp price action which we see it as wave IV within big impulsive dowtrend. Fourth waves will typically retrace ...

ForexNews.com - Trading Ideas

Top trade idea for March 17th, 2016 – AUDUSD By Mircea Vasiu of capitalpropertiesfx.com AUDUSD reaching the 61.8% retracement level here and that is a nice place to try a short position as wave a of a lower degree, in purple, most likely will end ...

ForexNews.com - Trading Ideas

Top trade idea for March 16th, 2016 – GBP/NZD By Fawad Razaqzada of Forex.com It has been a big day without much volatility for the UK assets with the announcement of the government budget and this morning’s slightly stronger than expected jobs and ...

ForexNews.com - Trading Ideas

Top trade idea for March 14th, 2016 – NZD/USD By Vladislav Antonov of Alpari Trading opportunities for currency pair: the buyers broke the trend line on the weekly timeframe in February. A pinbar formed last week. At its current position, the pinbar ...

ForexNews.com - Trading Ideas

Top trade idea for March 11th, 2016 – EUR/USD By Ric Spooner of CMC Markets In the big picture, EURUSD has the look of a large descending triangle pattern. The internal moves in this triangle have a 3 swing formation. The latest swing higher is ...

ForexNews.com - Trading Ideas

Top trade idea for March 10th, 2016 – USD/CHF By Mircea Vasiu of capitalpropertiesfx.com This USDCHF pair is not going anywhere to the downside until it completes a contracting triangle at the end of a contracting triangle, namely wave e. This wave ...

ForexNews.com - Trading Ideas

Top trade idea for March 9th, 2016 – AUD/USD By Matthew Weller of FOREX.com As I return to the desk after a much-needed vacation, I’m struck by the big risk-on move markets have seen over the last couple of weeks: US equities are up nearly 10% from ...

ForexNews.com - Trading Ideas

Top trade idea for March 8th, 2016 – EUR/GBP By Gregor Horvat of ew-forecast.com An ending diagonal on EURGBP appears completed after recently broken red support line which suggests more weakness to come, especially if we consider that decline on ...

ForexNews.com - Trading Ideas

Top trade idea for March 7th, 2016 – AUD/USD By Vladislav Antonov of Alpari Trading opportunities for currency pair: a double bottom has come off and was confirmed on Friday when the quotes headed above 0.7390. Due to a restoral of the oil price to ...

ForexNews.com - Trading Ideas

Top trade idea for March 3rd, 2016 – AUD/USD By Mircea Vasiu of capitalpropertiesfx.com Audusd finally breaking higher and I think it is only the beginning of a bigger move that must go over 0.7700. What I am looking for here on the pair is a ...

ForexNews.com - Trading Ideas

Top trade idea for March 2nd, 2016 – AUD/JPY By Fawad Razaqzada of Forex.com The Australian dollar has outperformed in recent days due mainly to the rebounding commodity prices. In addition, the RBA is no longer considered to be a dovish central ...

ForexNews.com - Trading Ideas

Top trade idea for February 26th, 2016 – GBP/USD By Ric Spooner of CMC Markets My trade idea today is based on the potential for a corrective rally in the Pound. It’s been a rough week for the Pound. Last weekend’s announcement that 23 June has been ...

ForexNews.com - Trading Ideas

Top trade idea for February 25th, 2016 USD/CAD By Mircea Vasiu of capitalpropertiesfx.com USDCAD feels extremely bearish here as it is preparing to break lower out of a potential triangle that acts as a continuation pattern. However, this is not the ...

ForexNews.com - Trading Ideas