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Trader Talk

Analysis, videos, articles and more direct from the trading floor

USDCAD & NZDUSD

USDCAD Price reached just above the Daily 200 SMA, bounced, fell again and then closed below the 200 SMA on Friday. I would wait to see the reaction if price reaches the Weekly TL and Feb 2019 swing low. We have now moved on from a potential inverted H&S to a double bottom scenario. Friday’s...
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Kane’s Market Watch 25/02/19

Hear my thoughts on USDCAD, NZDUSD and GBPUSD as I place them all on my watch list for the coming week.
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DXY & EURUSD

Good morning all, This morning we are looking at DXY & EURUSD, lets see what our traders think DXY Following the release of Fed minutes, we saw buyers come back in and price started consolidating with no real momentum either way for the rest of the week. Planning ahead – the assumption we are going...
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Watchlists

Good Morning Traders, We are looking at GBPUSD, NZDUSD, AUDUSD & USDCAD today as we end the week. GBPUSD Price has hovered around that weekly trend line area for the past two days. Should dollar move higher than we’ll see price drop from here and form a lower high. Safer to wait for the break...
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USD/JPY

Afternoon traders, USD/JPY is on our watchlist. Price action has formed a bullish pennant. Testing resistance we are waiting for the bullish breakout. An aggressive entry would be a buy stop above the current high once the bar has closed. A conservative approach would be when price breakouts out of the pennant (as seen in...
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Welcome To Trader Talk

Keep up to date with the latest market news from the trading team here at Financial Markets Online. Everything from market updates, analysis, trading news and our watchlists will be placed here.
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