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 NZDJPY - bull speculation: growth to the upper boundary of the sideways trend expected

Tags: 

Trading opportunities on the currency pair: For several weeks in a row, the Kiwi dollar has been rising against both the US dollar and the Japanese yen. The price is approaching the DTR1 trend line (downwards trend line). In my forecast, I’m expecting a breakout of this line, followed by growth to the upper boundary of the range 75.63 – 83.81.

Short-term trading idea FX EUR/GBP - bear speculation: euro to drop to 0.8624

Tags: 

Trading opportunities on the currency pair: A double top has formed at the 50% level, which has strengthened the bearish engulfing candlestick pattern. Taking the bearish factors into account, the euro is expected to drop to 0.8624. A drop on the EURGBP pair to 0.8856 would be a positive signal for this forecast.

Short-term trading idea FX AUD/NZD – bull speculation: buyers preparing to exit the weekly range

Tags: 

Trading opportunities on the currency pair: The Kiwi dollar came under intense pressure following New Zealand’s parliamentary elections. The Aussie is expected to continue strengthening to reach 1.1425 (61.8% of the downwards wave from 1.1019 to 1.0371) by the beginning of December this year. After a month of consolidating at the beginning of 2018, 1.1425 level is likely to be broken, with subsequent growth to 1.1670 (100% of the downwards wave from 1.1019 to 1.0371). This forecast will be cancelled if the price breaks through the TR3 trend line.

Short-term trading idea Forex EUR/USD – bull speculation: right shoulder to form

Tags: 

Trading opportunities on the currency pair: Since dropping to 1.1662, the rate has formed an inverse head and shoulders model on the daily and weekly timeframes. For its completion, the right shoulder needs to form with a target of around 1.1880 by 23/10/17. By the end of October, downwards movement should resume. Therefore, from 1.1880, we can start betting on the rate to decline. It seems to me that ideally, this reversal model won’t work out. Trade carefully.

Short-term trading idea Forex GBP/USD – bull speculation: rebound from the TR2 trend line

Tags: 

Trading opportunities on the currency pair: Since the 20th of September, the British pound has shed around 600 pips against the US dollar. The drop started with a pin bar model. From looking at the cycles, I’m expecting the rate to drop to the TR2 trend line or the range from 1.3000 to 1.3016, followed by a recovery to 1.3350 – 1.3490. We should keep the 21st of October and 29th of November in mind for possible reversal dates. From the trend line, I’ll start trying to trade with the trend with targets of 1.3350 and 1.1390. After the 28th of November, I’m expecting a downwards reversal and a breakout of the TR2 trend line.

Short-term trading idea FX USDJPY – bear speculation: building on the idea from 14/08/17

Tags: 

Trading opportunities on the currency pair: On Friday the 8th of September, before exchanges closed for the weekend, the dollar fell below the C-C channel in a drop amounting to 61.8% of the upwards movement from 101.19 to 118.66. Cyclical analysis indicates that the dollar is set to fall further; to 105.96 by the 10th of October. There’s an intermediate support zone with a range of 106.60 – 108.85. The case for a drop will disappear if the dollar manages to quickly recover to 109.65 and break through the trend line.

Mid-term trading idea FX EURCAD – bear speculation: building on the idea from the 10th of July

Tags: 

Trading opportunities on the currency pair: In the period from the 12th of July to the 11th of September, the Bank of Canada twice raised interest rates, with the key rate now at 1%. With this in mind, interest in the Canadian dollar is set to rise significantly. In my forecast, I’m predicting a continued drop on the euro to around 1.4351 – 1.4395. After this zone gets broken through, the Canadian dollar is expected to continue strengthening, reaching 1.3960 by the 14th of October this year.

Pages

Subscribe to RSS - Trade Ideas