USD/CHF has found support at the bottom of the declining trendline. The RSI is also showing divergence and about to break higher from oversold region. I am going long at 0.9120 with stops on a hourly close below 0.91 and targets of 0.918...

  GBP/AUD has broken above the declining trendline and has formed a series of higher lows and higher highs indicating a potential shift in trend. I am long this pair from 1.4760 with stops below 1.470 and targets of 1.49 and 1.50. Good Luck...

  USD/CHF has fallen sharply over the past few days tracking the rally in the Euro. The RSI has recovered from overbought region and is showing divergence on the 4 hour charts. I am taking a shorter term long at 0.9270 with stops below...

  I am going to take a few contrarian calls for the start of the week with short JPY’s. I am looking at the following pairs to start the week. EUR/CHF: This remains my favorite pair and is offering a great risk-reward trade. It is...

  This week we will be looking a long EUR/NZD and GBP/USD opportunities. EUR/NZD is testing multi year lows by the 1.60-1.62 region. This area has provided support to the pair on numerous occasions. The pair has been in a steady...

  Hope you all had a nice vacation. It is time to get back to work. As a potential trade setup I am looking to go long USD/JPY on this recent pullback. The pair is showing signs of reversal on longer term charts. BOJ’s intervention...