Gold's breakdown in Forex: what's next?

Gold's breakdown in Forex: what's next?

4H Chart Daily Chart XAU/USD chart Gold prices tumbled on Friday and at beginning of the Asian session today, reaching as low as $1854/Oz, breaking through its ups...
EUR/USD: update for a trade

EUR/USD: update for a trade

4H Chart Daily Chart EUR/USD chart EUR/USD declined on Friday reaching as low as 1.2093, while our short positions from 1.2180 and 1.2205 are now in profit with ov...
USD/CAD is out of the range

USD/CAD is out of the range

4H Chart Daily Chart USD/CAD chart USD/CAD managed to breakout of its tight range on Friday, reaching as high as 1.2177, and posted the highest daily close since m...
Careful with gold longs

Careful with gold longs

4H Chart Daily Chart XAU/USD chart Gold managed to rally yesterday on the back of the US inflation data which posted the highest reading since the 2008 financial c...
USD/CAD is over 1.21 after BoC

USD/CAD is over 1.21 after BoC

Chart H4 Daily chart USD/CAD chart The Bank of Canada decided to keep the current policy unchanged as widely expected. However, the bank did not mention anything a...
Protect EUR/USD trade ahead of ECB decision

Protect EUR/USD trade ahead of ECB decision

H4 chart Daily chart EUR/USD chart Two days ago, we sent out a new short trade on EUR/USD at 1.2180 in addition to a pending order to short again at 1.2205. EUR/US...
EUR/USD: calm before storm on Thursday

EUR/USD: calm before storm on Thursday

What will happen? Traders cant wait for Thursday to come! Why? Two significant events will be out: the US inflation report and the ECB policy decision. They will probably shake ...
How about selling EUR/USD?

How about selling EUR/USD?

H4 Chart Daily Chart EUR/USD chart EUR/USD managed to recover some of its last weeks decline, rising for the 2nd day in a row (Friday Monday). However, such upside...
Eyes on Bank of Canada's decision today

Eyes on Bank of Canada's decision today

H4 chart D1 chart USD/CAD chart All eyes are headed toward the Bank of Canada today. Estimates point to no change both for the main rate and the ongoing QE which s...
Short-term rebound in gold

Short-term rebound in gold

H4 Chart Daily Chart XAU/USD chart Gold managed to bounce back right after the US Jobs Report on Friday and closed the week near the $1900 resistance. Gold continu...
USD: a disappointing jobs report?

USD: a disappointing jobs report?

US dollar index, H4 chart US dollar index, daily The US Jobs Report could be considered as a disappointing report, excluding the wages growth which keeps the fears ov...
USD/CAD trade is in profit

USD/CAD trade is in profit

H4 chart USD/CAD Daily chart USD/CAD USD/CAD chart USD/CAD managed to advance further yesterday breaking above 1.21, reaching as high as 1.2128 earlier today, whil...