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 GBP/CAD – Bull Speculation: Break from Support with Two Pinbars


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 and keep an eye on the price of oil. If the GBP/CAD doesn’t fall, we could see two price zones as a target: 2.0325 and 2.0550. If the price of Brent restores above $35, it will be worth staving off pound purchases.

Short-term Trading Idea FX EUR/USD – Bull or Bear Speculation: Bounce or Break from the Trend Line


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. The bounce level will tell us how the sellers are set up. A growth to 1.0938 means we should prepare for a break through 1.0985 and then 1.1025.

Short-term Trading Idea FX USD/JPY – Bull Speculation: Growth to 123.45 via Recoil to 120.20


Trading opportunities for currency pair: the Bank of Japan has brought in negative interest rates – minus 0.1%. The yen has weakened against the dollar by 290 points. If the stock markets aren’t swinging, we could see a growth in the pair to 123.45 after a rebound to 120.20. Further growth to cease with a close of the daily candle below 119.55.

Short-term Trading Idea FX AUD/USD – Bull Speculation: Bull Divergence on the Weekly Timeframe


Trading opportunities for currency pair: bull divergence has formed on the weekly and this is a signal to buy Australian. If the Chinese indices and oil continues to rise, an AUD/USD rise to 0.7155 can be considered as part of a general dollar correction. The AO indicator is showing a double bull divergence on the weekly timeframe. If the AUDUSD will strengthen above 0.7155, we can target 0.7325. Growth will cancel with a close of the daily cancel below 0.6826.

Short-term Trading Idea FX CAD/JPY – Bear Speculation: Expected Drop to 76.61 – 74.78 Support Zone


Trading opportunities for currency pair: the CAD/JPY is stuck in a bear trend due to the Chinese stock market crash and a fall in oil prices. If you’re looking to sell the Canadian, then 81.15/30 is your marker. After a rise of the rate to 82.43 we should stave off selling. Whilst the oil and Chinese markets are down in the dumps, expect the CAD to weaken to the 76.61-74.78 support zone. If the price returns to 82.44 over the next couple of days (before Wednesday), this falling scenario will be cancelled. The pair is likely to switch into a long consolidation phase.

Short-term Trading Idea FX NZD/USD – Bull Speculation: Possible Upward Correction on Pinbar


Trading opportunities for currency pair: a pinbar has formed on the daily timeframe. As part of a correction, it's likely there'll be some short-term growth. This should start following a break of 0.6490 with a 0.6570 target. After this, we’ll need to see what the market comes up with. If things go as usual, after a break in the trend line, the price should return back to it. In our case, it's towards 0.6685. If the sellers fully close Friday's candle on Monday, the NZDUSD growth scenario will be cancelled out. In this case, we should expect a weakening of the NZD to 0.6235.


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