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Top Trade Idea For March 11th, 2014 – EUR/USD

By Gregor Horvat of Elliott Wave Forecast

EURUSD moved sharply to the upside last week after ECB press conference and more importantly price traveled above the high from December 2013. Based on that we can assume that price has broken out of the range and that market will continue to the upside; ideally towards 1.4000 psychological level.

http://fncdn.marcwaringventur.netdna...3/EURUSD-1.png

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Top Trade Idea For March 12th, 2014 – Gold

By Fawad Razaqzada

So far this week, most of the attention has been on China after the world’s second largest economy posted some shocking trade figures over the weekend. This has caused a bit of risk aversion in financial markets with commodities such as copper leading the way lower.

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Top Trade Idea For March 13th, 2014 – AUDUSD

By Mircea Vasiu of capitalpropertiesfx.com

Complex corrective wave for the audusd pair and from my point of view this is a triple combination and these kind of patterns are usually the leg of a contracting triangle of a bigger degree.
What is interesting is the fact that triple combinations are always ending with a contracting triangle to act as a reversal pattern and this means previous trend (the downtrend) will be reversed.

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Top Trade idea For March 14th, 2014 - USD/JPY

By Michael McCarthy of CMC markets

Explanation of recent strength in JPY as “safe haven” buying is a little perplexing. While Japan has a stable (if somewhat static) economy, a low interest rate environment and the stated intentions of the Bank of Japan to increase money supply to 270 trillion suggests JPY will weaken over the long term.

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Top Trade Idea For March 18th, 2014 – EUR/GBP

By Brenda Kelly of IG Group

Although the EURGBP pair lacks the volatility and extreme moves that are associated with say the USDJPY pair, it does offer a degree of predictability in terms of the overall trend

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Top Trade Idea For March 19th, 2014 – Gold

By Kathleen Brooks of FOREX.COM

Gold was the market darling last week, yet this week it has sold off sharply. After hitting resistance at $1,392 the yellow metal has fallen some $50 in the last three trading sessions. The question the gold bugs need to ask: has the gold price run its course or is this merely a correction?

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Top Trade Idea For March 20th, 2014 – EURJPY

By Mircea Vasiu of capitalpropertiesfx.com

This week it is time to take a look at the eurjpy pair and above you have the daily chart that shows a triangle that broke higher.
This triangle is not any kind of a triangle but it is a special one, called running variation of a contracting triangle and the thing with such patterns is the fact that they are coming with specific targets for the thrust of the triangle.

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Top Trade Idea For March 21st, 2014 – AUD/NZD

By Ricspooner of CMC Markets

There’s been a fair bit going on in the Aussie/Kiwi space over the past week and a half – a rate hike in New Zealand; a big upside surprise in Aussie jobs growth and volatile commodity prices to name a few.


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Top Trade Idea For March 24th, 2014 – EUR/CAD

By Ed Ponsi of CNBC

The recent pullback in EURCAD may present a buying opportunity. The Canadian dollar has been weak overall recently, but some positive news late last week is causing the EURCAD currency pair to pull back toward its trend line. EURCAD’s 20-day exponential moving average closely matches the trend line.

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Top Trade Idea For March 25th, 2014 – USD/CAD


By Gregor Horvat of ew-forecast.com

Traders, two weeks are around and so it’s a new trading strategy. Today we will take a look on USDCAD which has been trading nicely higher since start of the year and also broke out of the range last week so it seems that uptrend is ready to stay here



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Top Trade Idea For March 26th, 2014 – AUD/NZD

By Chris Tevere of Forexnews.com

Earlier this month the Reserve Bank of New Zealand decided to increase the Official Cash Rate (OCR) by 25 bps to 2.75%, making it the first central bank within the G10 FX arena to raise interest rates since the global financial crisis. Ideally, such a result should have been bullish for the Kiwi (and in general it has been over the past 2 weeks), however it has been outshined by its fellow antipodean partner, the Aussie.

http://fncdn.marcwaringventur.netdna...73-587x655.jpg

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Top Trade Idea For April 21st, 2014 – USD/JPY

By OrderFlowTrading


The bullish movements in risk-sensitive assets like USDJPY and US equities have been ridiculed all the way up, which of course hasn’t stopped their moves higher.



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Top Trade Idea For April 22nd, 2014 – EUR/USD

By Gregor Horvat of EW-Forecast.com

Two weeks back we were looking for long set-up on the EURUSD pair when our target was meet just few days if not sessions after the announcement. Well, since then this market slowed down and made a nice pullback which technically speaking looks like another trading opportunitie.

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Top Trade Idea For April 23rd, 2014 – EUR/AUD

By Fawad Razaqzada of FOREX.COM

The results of the April eurozone purchasing managers’ indices were released this morning and on balance have been better than expected. The headline eurozone services sector PMI rose to 53.1 from 52.2 last month while the manufacturing PMI edged up to 53.3 from 53.0 previously. Significantly for the single currency it was Germany, the euro area’s economic powerhouse, where private sector activity accelerated most notably, with both of its sector PMIs hitting two-month highs.



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By Chris Beauchamp of IG

Top Trade Idea For April 28th, 2014 – AUD/USD

It looks like the weak period for AUDUSD following the early April spike above $0.9400 still has some way to run.
We have been held within the current channel for most of the year, and the longer-term trend appears to be that the Aussie will have another attempt at $0.9500 in due course.


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By Dave Floyd of AspenTrading.com

Top Trade Idea For April 29th, 2014 – EUR/CAD

EUR/CAD has completed an ending diagonal pattern in Wave (b) and that should allow for prices to move lower in the days ahead.





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By Kathleen Brooks of FOREX.com,

Top Trade Idea For April 30th, 2014 – AUD/USD


After the major US GDP miss for Q1 this Wednesday, dollar weakness is coming back to the fore. With the dollar unlikely to catch a bid ahead of this week’s NFP report, it may be time to revisit some dollar pairs that have been under pressure of late, for example the AUDUSD.



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By Mircea Vasiu of capitalpropertiesfx.com

Top Trade Idea For May 1st, 2014 – EUR/JPY

It is a while since we didn’t look at the eurjpy pair and I would say that right ahead of the NFP and ECB we are having an interesting technical setup.



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By Ric Spooner of CMC Markets

Top Trade Idea For May 2nd, 2014 – GBP/CAD

GBPCAD is testing a well-established trend line. The significance of this is made potentially more significant by the fact that the 20 and 55 day moving averages now intersect at the same point.


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Top Trade Idea For May 5th, 2014 – NZD/USD

By OrderFlowTrading

If we turn our attention toward the end of the week, we can see a lot of potential for movement in EURUSD or GBPUSD on account of interest rate decisions out of the related central banks. However, let’s look earlier in the week and focus the commodity currencies, namely NZD.



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