Trade Ideas

Weekly professional precision Trade Ideas on major currency pairs FOREX market. Trade Ideas are good investment ideas in real time, which can bring great profits. Our FOREX Trade Ideas are always Free!

Short-term trading idea FX AUDCAD – bull speculation: price to restore to 1.0327

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Trading opportunities for the currency pair: The price has twice rebounded from the S1 line. Because of this, the Aussie dollar is expected to strengthen against its Canadian counterpart as far as the TL1 line with targets of 1.0211 (high point from the 7th of June) and 1.0327. This scenario will not play out if the daily candlestick closes below 0.9948.

Short-term trading idea FX EUR/AUD - bear speculation: expected breakout of the trend line

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Trading opportunities on the currency pair: A doji has formed on the weekly chart. On Friday the 26th of May, trading closed with the formation of a reversal hammer. Between the price and the AC indicator, a double bearish divergence has formed. This increases the risk of a breakout of the TR3 trend line. I'm predicting some correctional movement towards the TR4 line at 1.4690. This scenario for decline will remain in place unless the price manages to break out of the 1-1 channel.

Short-term trading idea FX GBP/USD - bear speculation: expected drop below the 1.2550 - 1.2710 support zone

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Trading opportunities on the currency pair: The British pound's slide began on Thursday the 25th of May, after the release of downwards revised GDP data for the first quarter. Pressure on the currency increased after a breakout of the upper boundary of the A-A channel and the TR trend line. The GBP/USD rate returned to the 1.2550 - 1.2710 zone, which had been acting as a resistance until the 18th of April. My base scenario sees the rate falling to around 1.2643 in time for the FOMC meeting on the 13-14th of June.

Short-term trading idea FX EUR/GBP - bull speculation: expected breakout from the 2-2 channel

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Trading opportunities for the currency pair: At this very moment, the price is located within the 2-2 channel. A beautiful triangular structure has formed from the high at 0.8531. According to my prediction, the price will exit this range and subsequently grow as far as the upper boundary of the 1-1 channel at 0.8590. The case for growth will disappear if the daily candlestick closes below 0.8325.

Short-term trading idea FX JPY/EUR - bull speculation: rebound from the trend line

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Trading opportunities for the currency pair: On Friday, the exchange rate on this currency pair rebounded from the trend line and a bullish engulfing pattern appeared on the daily candlestick. The Stochastic (5,3,3) has reversed upwards in the buy zone. Taking these signals into account, I’m expecting to see some growth on the cross to 124.00. In order for this to come off, buyers need to break the 120.32 level on the hourly timeframe to open the way towards 121.15 level. This scenario will not play out if the daily candlestick closes below 118.50.

Short-term trading ideas FX EUR/GBP - a lowering game: awaiting polling data for French presidential candidates

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Trading opportunities for currency pair: On Friday, trading on the euro closed up. According to cycles, the rate should restore to around the 0.8600 mark. A CCI level of -100, as well as the intersection of the slow and fast lines on the Stochastic oscillator, should facilitate a strengthening of the euro against the pound.

New investment ideas with high potential profitability on the launching of Donald Trump's large-scale investment programs!

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