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Hello traders, Today I spotted two trading setups. My first setup was in CADJPY M5. It was a well-formed Supply Zone that was formed in compliance with Bearish Trendline. I decided to place two positions on this setup. So i…

EUR/JPY looks ready to bust out of a tight consolidation! Will today’s market themes inspire a short-term bearish reversal for the pair? In case you missed it, government bonds (and other risk assets, for that matter) have NOT been…

Share: GBP/JPY is expected to deliver more weakness as BoE-BoJ policy divergence widens. The BoE raises…

POUND STERLING TALKING POINTSBoE pushes rates to 5.25%.Incoming economic data will be more crucial than ever moving forward.GBP struggles to find a bid post-announcement. Recommended by Warren Venketas Get Your…

The BOE is up today! Word around is that we’ll see a 25bps rate hike. Will the event help extend GBP/CHF’s uptrend? Before moving on, ICYMI, yesterday’s watchlist looked at USD/JPY’s broken support zone ahead of U.S. mid-tier report…

Share: Euro further extends the weekly leg lower vs. the US Dollar. Stocks in Europe open the session…

Euro, EUR/USD, Trendline Breakout, RSI Divergence – Technical Update:Euro is on the verge of confirming a key downside breakoutStill, be wary of positive RSI divergence on the 4-hour chartWhat are key levels to watch for in EUR/USD…

Australian Dollar Vs US Dollar, Canadian Dollar, Singapore Dollar – Price Setups:A double top risk in AUD/USD as risk appetite scales back for now.AUD/SGD threatens to break below a bearish triangle.AUD/CAD drifts lower within a downtrend…

Hoping to catch a big breakout? Check out this potential trend forming on the 4-hour chart of GBP/NZD while it’s still early! The forex pair is just starting to close above the top of its ascending triangle pattern, hinting that a rally…

Share: AUD/JPY attracts some buyers and holds ground near the 94.00 mark on Thursday. The stronger Chinese…