Trade Ideas

Well, so far, we’ve seen another choppy week with rallies and sell-offs. The week started on a positive note as buyers regained control after a weak end to the previous week. Buying jumped on Tuesday and peaked on Wednesday. At this point, you would have been justified in...

Today we’re looking at the GBPUSD as buyers continue to hold firm and now only face one level of resistance both they can get the new uptrend back on track. Fundamentally a few things remain on the radar. Russian/Ukrainian Situation We’ve seen recently that fair ups...

We’re seeing a solid momentum shift today as news hit that some Russian troops have been returned to bases. This ease in mentions is driving risk buying after what has been a sorry few days for buyers as prices plunged on worries Russia was close to invading Ukraine. On...

Looking at the SPX500 today, price looks to be setting up for a battle between resistance and support. Fundamental influences lean to the further downside but has the market started to price in the continued inflationary shock ? Yesterday’s price took a swing to the...

It’s been another mixed week at this point for the broader crypto market as we approach the weekend. The week started much as it left off with solid buying that began to paint a possible picture that new trends had started to get underway on many of the top 10 and top...

Hi traders, today we’re looking at Waves on its D1 chart as price has started to push through its long-term downtrend. Looking at Waves we’re seeing a few signs that buyers are trying to set up a new uptrend. Looking back to late January and early February we can see price...

Hi traders, today we’re looking at GBPUSD as price has lifted from a demand area and could be trying to set up a new continuation. Looking at today’s price action we can see a new move higher from 1.3530 support. This level is a midpoint in the demand area box. We can see...

Hi traders, today we’re watching a technical set-up that’s currently developing on the AUDCAD daily chart. The pattern formation we’re watching today is called a V reversal. If confirmed, these can be potent setups and can lead to strong buyer momentum. Looking...

Hi traders, today we’re watching the USD as small signs of overextension have just started to emerge. Could today’s US employment data help give the USD a boost after days of beatings or could we see new monthly lows? Views are mixed on today’s employment...