StockStream Forex
StockStream team tracking the Forex markets.
Latest comments
- StockStream Forex On AUD/CAD Trade Plan (3 hours ago): Long AUD/CAD from 1.00 with stops below 0.9950 and targets above 1.01
- Luv Sharma On AUD/CAD Trade Plan (2 days ago): Similar to my NZD/CAD trade Plan
- Luv Sharma On AUD/CAD Trade Plan (6 days ago): Trend-line currently around 1.0040
- StockStream Forex On NZD/USD Trade Plan (7 days ago): Pair moved lower without hitting our buy zone. Still looking extremely...
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StockStream Forex's blogs
EUR/USD Setup
By StockStream Forex 3 hours agoCategories: Forex
EUR/USD has set up a head and shoulder pattern on the daily charts. We will be looking to buy a break and retest of the neckline with projected targets of 1.21. Watching price action for now. Good luck trading.
AUD/CAD Trade Plan
AUD/CAD broke above its short term trend line resistance to start this week. We expect a deeper correction in the pair and will be looking to buy dips to the 1.00 levels which is the 61.8% retracement of this week's rally with stops...
AUD/CAD Trade Plan
AUD/CAD has reached the bottom of its multi-month range bottom (Figure 1). The RSI indicates that the pair is oversold on the longer term charts and showing divergence on the shorter term charts. We will be looking to buy a break and...
NZD/USD Trade Plan
NZD/USD is showing signs of a short term recovers following the downtrend. The RSI has recovered from oversold levels following a divergence and the price has formed a short term reversal pattern. We expect the pair to rally back to the...
AUD/USD Setup
By StockStream Forex 9 days agoCategories: Forex
AUD/USD is showing divergence in the short term charts. The pair is also testing important support in the 0.9910-0.9950 region. We expect the pair to base out and move higher with targets close to 1.0050. This move should provide an...
AUD/NZD Trade Plan
AUD/NZD broke above the downward parallel trend channel that had guided it lower from the 1.2680 highs. The RSI has also broken above the 30 level after posting a divergence. We expect a deeper correction in the pair to follow. We will be...
AUD/CAD looking higher
By StockStream Forex 28 days agoCategories: Forex
AUD/CAD has broken above the declining trendline that had guided it lower from the 1.07 highs. We will be looking to buy any pullbacks to the 1.0530-40 region with stops below 1.50 and targets above 1.06. Good luck...
Long USD/CHF
USD/CHF broke above its inverted head and shoulder pattern yesterday and is currently testing the back of the broken neckline. We are long from 0.9340 with stops below 0.93 and targets close to 0.9440. Good luck trading.
Looking to Long EUR/USD
EUR/USD has broken above its declining trend line and horizontal resistance in the 1.2880 region. Pullbacks to the 1.2850-80 region will be seen as buying opportunities with targets close to 1.3050. Good luck trading.
EUR/JPY Pattern
EUR/JPY is testing important support level in the 120-120-50 region. A break lower projects targets of 118 and 116.50 over the coming days. On the other hand a recovery from current levels indicates a move back to 125.0. Watching price...