forex trades

Today in forex trading the JPY was weak in the Asian session after the interest rate news. This drove strong moves to the upside in all of the JPY pairs. In the main session these pair are now reversing/retracing back down. Next main direction on the JPY pairs is not clear. The rest of the forex...

Today in forex trading the AUD and NZD were weak, driving some trend based moves. The AUD/USD dropped on the H4 time frame, next support is around 0.7140. The EUR/AUD moved higher on the H4 time frame, this pair is hitting resistance at the current prices. The GBP/AUD moved higher on the H4 time...

Today in the main session there was high volatility again. The JPY pairs sold off on JPY strength. All JPY pairs sold off somewhat evenly. If any pairs are hitting the August 1 lows like the EUR/JPY we would scale out most lots. Remaining JPY pairs should fall to these levels. Gold moved up...

Today in the main session there was high volatility. The JPY pairs sold off on JPY strength. The NZD/JPY and CHF/JPY sold off in both sessions. Both pairs are hitting large support areas so scale out most lots or exit. The GBP/JPY also dropped, this pair has more room to drop down to the 212.80...

Today in the forex market the AUD was strong, driving good movements. The GBP/AUD and EUR/AUD had strong moves down but both pairs are stuck inside of layers of support, we would exit both. The AUD/USD is moving up in the uptrend, it has some resistance here but should continue up to the 0.7250...

Today in forex trading GBP was strong. The GBP/JPY moved higher and broke out into the strong up trend, this pair has no nearby resistance. The GBP/USD also moved higher. This pair is stuck inside layers of resistance now, we would scale out most lots on any buys. It has a small chance to...

Todays Best Forex Trades Today in forex trading the JPY was weak starting in Asian session and into the main session. Pairs like the AUD/JPY and NZD/JPY moved up on the small time frames. These moves were against the major market trends so they are likely just day trades. We would scale out...

Follow my signals for free AUD/USD As I suggested last week the bullish trend had reached a point where retracement was likely before a further up move and that is exactly what happened. The price fell from 0.9757 to the support level 1 pivot point of 0.9571 almost 20 pips. This level...