USD/JPY Genius Play

Contrarian traders lead a miserable existence. Around half the time, their trading peers consider them eccentric. Some of the time they suffer as fools, and at times are cast as dangerous lunatics. This is the price of defying popular opinion. However, for a few days a month, or perhaps a few weeks a year, they’re […]

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Chart Signals: JPY, NZD and Japan 225 remain in focus

The shock waves from yesterday’s Bank of Japan meeting continue to impact forex and index trading with JPY having soared on the news sending Japan 225 and JPY pairs sharply lower. NZD continues to respond favourably to yesterday’s RBNZ news pulling AUD along for the ride.  Hong Kong 50 continues to pick up while India […]

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Trade Documentation as a Building Block for Trading Success

Very few people, if any at all, are natural born traders. For most of us it is a lifelong journey of learning, improving and honing our skills. Just like in any other field, good results can often be based on past experience: you face a new challenge, apply what you have learned so far and […]

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Chart Signals: Stocks and oil resilient, NZD rebounds, JPY weakens

The big theme across stock markets in the US, Australia, and crude oil, has been one of resilience, with markets taking everything the bears could throw at them and still managing to attract support and bounce back. Central banks are also influencing trading today. NZD has rebounded on today’s neutral RBNZ decision while JPY has […]

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Sell AUD/USD on Shock CPI

Australian inflation in the first quarter of 2016 was shockingly low. The headline rate of inflation fell by 0.2% in the quarter, making the yearly rate a paltry 1.3 %.  This is well below the RBA target range of 2-3%. Naturally, the news has released the hounds of interest rate cuts. The RBA stance is […]

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MACD Crossover Alert

I’m watching the AUD/JPY 4-hour chart this morning. Commodities have run hard over the last few weeks, led by a resurgent oil price. Iron ore popped another 5% in the last 24 hours, and even precious metals are higher. In my view, this commodity strength will turn in the Asia Pacific trading session today. This […]

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USD Vulnerable This Week?

The week sure did start with a bang for USD pairs! Traders were faced with gaps in both bullish and bearish directions at the open. Bullish USD gaps on AUDUSD and USDCAD started to reverse and today and USD appears to be rather weak compared to the other major currencies out there. So what does […]

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GBP Weakness Continues

From Hao Sun at trade with Precision: British Pound is weakening against most of its trading partners. In today’s Technical Insights, Hao from Trade With Precision shares his trade plans on five GBP pairs.  

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Spurning Sterling

The chances of a Brexit appear low, at least judging by the more reliable phone polling as opposed to the self-selected internet polls. However, the uncertainty in the lead of to the June 23 referendum in Great Britain could weigh on the pound – and a fall from current levels would breach important technical levels. […]

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Chart Signals: Indices rally while gold keeps rolling over

Asia Pacific indices remain in rally mode as they catch up to pausing US and European indices after lagging behind their recent recovery. The flow of capital back out into risk markets can be seen in the way gold has been falling off a cliff this week especially after completing the right shoulder of a […]

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