NFP: Not F*cking Playing

NFP: Not F*cking Playing

tomorrow brings NFP and markets are pretty coiled up for it. The risk trade is in focus and this can of course push a number of other markets along with it. On the lucky side, VIX slid back below 20 today so premium isn’t as expensive. Straddles can look more...
AUD/USD Weekly Analysis

AUD/USD Weekly Analysis

Last week was a reversal type of outing for AUD/USD, and next week may carry some more as the pair began to budge below the psychological level at .7375. Combine this with a bearish stoch signal and the door appears open for downside in the pair next week. Of...
EUR/JPY Breaks Below 130.00

EUR/JPY Breaks Below 130.00

EUR/USD is still holding above support after this morning’s ECB rate decision, still in profit from yesterday’s Euro setups. EUR/JPY has started to look a lot more clean, too, continuing the bearish engulf setup that was looked at yesterday. Bearish...
EUR/USD Bounce, EUR/JPY Break

EUR/USD Bounce, EUR/JPY Break

Working through early part of ECB and so far we’re 2 of 2 from the setups looked at yesterday. EUR/USD is bouncing up from support at prior resistance, and EUR/JPY is falling through breakout support. EUR/USD Hourly EUR/JPY Tests Through Support After Bearish...
EUR/JPY Breaks Below 130.00

Euro Pre-ECB: EUR/USD, EUR/JPY

Tomorrow brings Lagarde and the ECB and about the only known thing here is that we’re going to hear about climate change. EUR/USD has had a harsh three-day correction after having run into resistance at 1.1900 last week. That’s now a double top and if...

EUR/USD support test

Tomorrow brings ECB, EUR/USD rally pulling back in anticipation. At this point, support should be bought, looking for the ECB to fail in doving it up tomorrow.

USD Begins Reversal

USD sold off for three weeks until finally finding support at 92 on DXY. Now catching a bounce ahead of Thursday ECB rate decision.