Top trade idea for February 24th, 2016 – EUR/GBP By Matthew Weller of FOREX.com At the beginning of the week, we highlighted the massive market uncertainty surrounding the upcoming vote on “Brexit” (UK exit from the European Union), concluding that, ...

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Top trade idea for February 19th, 2016 – USD/SGD By Michael McCarthy of CMC markets Wobbles in sentiment and a subsequent run of slightly softer US data weakened the USD in the first weeks of 2016. Despite analysts and interest rate markets ...

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Top trade idea for February 18th, 2016 – EUR/JPY By Mircea Vasiu of capitalpropertiesfx.com The eurjpy pair above is one of the most difficult pairs to be traded this start of 2016 and the reason for that comes from the fact that market is forming a ...

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Top trade idea for February 17th, 2016 – GBP/CAD By Fawad Razaqzada of Forex.com This week’s mixed-bag UK economic data has caused the pound to fall against most major currencies, including the Canadian dollar which has managed to perform well ...

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Top trade idea for February 12th, 2016 – NZD/USD By Michael McCarthy of CMC markets The confluence of fundamental and technical influences makes a trade more compelling for some traders. Those in this category may be following NZD/USD carefully at ...

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Top trade idea for February 11th, 2016 – EUR/USD By Mircea Vasiu of capitalpropertiesfx.com Complex correction for the eurusd pair as the move to the upside, despite the fact that it is really aggressive, it is not an impulsive move, but a ...

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Top trade idea for February 10th, 2016 – USD/JPY By Matthew Weller of FOREX.com It’s been a busy day so far for central bankers, especially in Japan and the US. As we noted on Monday, the yen has seen massive safe haven / carry trade unwinding flows ...

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Top trade idea for February 9th, 2016 – $AUDUSD By Gregor Horvat of ew-forecast.com AUDUSD has turned nicely down last week from 0.7240 where we expected to see a new turning point after seven legs of recovery from January lows. Recovery was ...

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Top trade idea for February 8th, 2016 – GBP/CAD By Vladislav Antonov of Alpari Trading opportunities for currency pair: the price has broken from the support. We have two pinbars and a double bottom. On Monday it’s better not to make any big deals ...

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Top trade idea for February 5th, 2016 – EUR/JPY By Michael McCarthy of CMC markets The European Central Bank versus the Bank of Japan – who will win? Both are pursuing a “competitive devaluation” strategy through monetary stimulus, both desperately ...

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Top trade idea for February 4th, 2016 – EUR/NZD By Mircea Vasiu of capitalpropertiesfx.com The eurnzd cross is forming an interesting pattern here that resembles a pennant so far and the beauty of it is that it comes after a so-called truncated ...

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Top trade idea for February 3rd, 2016 – GBP/USD By Fawad Razaqzada of Forex.com So weak has been the dollar this week that even the GBP/USD has managed to regain its poise. Clearly, traders are no longer expecting the US Federal Reserve to embark on ...

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Top trade idea for February 1st, 2016 – EUR/USD By Vladislav Antonov of Alpari Trading opportunities for currency pair: the euro/dollar has slid to the trend line. From here we could see a bounce since Monday’s movements usually go against Friday’s. ...

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Top trade idea for January 29th, 2016 – AUD/USD By Ric Spooner of CMC Markets The Aussie Dollar looks like it might be completing a Gartley pattern. The Gartley is a 3 part correction that sets up for a trade in the direction of the major trend. In ...

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Top trade idea for January 28th, 2016 – USD/JPY By Mircea Vasiu of capitalpropertiesfx.com This USDJPY scenario is based on the fact that any three waves structure as a flat pattern needs to retrace minimum 61.8% and this retracement means that we ...

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Top trade idea for January 27th, 2016 – USD/CHF By Matthew Weller of FOREX.com Two weeks ago, we highlighted a constructive candlestick pattern off bullish trend line support on USD/CHF and concluded that the pair could well bounce toward near-term ...

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Top trade idea for January 26th, 2016 – GBP/USD By Gregor Horvat of ew-forecast.com GBPUSD made another bearish leg after the price took out 1.4560 level as noted in our past updates. Notice that current decline is extended, so it must be impulsive ...

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Top trade idea for January 25th, 2016 – $GBPUSD By Vladislav Antonov of Alpari Trading opportunities for currency pair: a candle with a small body and a long lower shade has formed. The rebound was 180 points. It’s likely that we will see an upward ...

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Top trade idea for January 22nd, 2016 – USD/CAD By Michael McCarthy of CMC markets Good central banking, like good comedy, is all about timing. The Bank of Canada’s decision to hold off on a rate cut on Wednesday is looking wiser following the oil ...

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Top trade idea for January 21st, 2016 – EUR/JPY By Mircea Vasiu of capitalpropertiesfx.com Ahead of the ECB we are looking at the eurjpy cross as it is finding itself in a very interesting spot in the sense that a contracting triangle on the daily ...

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