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/USD – Wait and See: Likely Rebound From or Break Through Trend

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Trading opportunities for currency pair: There’s no point rushing for the moment. The pound managed to return to the trend line on Friday issuing support from the euro/pound cross. Monday will be decisive since the price will either recoil from the trend or will break through it. We could see a false break before the Bank of England convenes so be careful. If the pound bounces back, the target is 1.5150, if it breaks: 1.5554. I’m not looking at it going any higher for the moment.

Short-term Trading Idea FX USD/SEK – Bull Speculation: Expected Forming of W-shape Pattern

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Trading opportunities for currency pair: the USD/SEK has broken away from the support. A double top didn’t quite form. I’ll risk saying that we’ll see a W form with an 8.8359 target. This idea for growth will become invalid if we see a close of the weekly candle below 8.5544.

Short-term Trading Idea FX EUR/USD – Bear Speculation: Bear Takeover

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Trading opportunities for currency pair: ECB representative Ewald Nowotny pushed the eurobulls into closing long positions. It’s highly likely that before the ECB’s Thursday meeting, we’ll see the downward movement on the euro resuming. I’ve picked out two price levels: 1.1250 and 1.1086 (by middle of November), with 1.0290 over the medium term.

Short-term Trading Idea FX EUR/CAD – Bear Speculation: Development on 31st August Ideas

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Trading opportunities for currency pair: the euro is under pressure since market participants expect the ECB to extend its QE program. Due to these expectations and the stable oil price around 50 USD, expect the euro to fall to 1.4490 and below. A close of the weekly candle above 1.4930 will stop any fall.

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