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Top trade idea for December 9th, 2015 – NZD/USD

By Fawad Razaqzada of Forex.com

It has been a very interesting day in the financial markets, even though the economic calendar has been light. The stock markets have been very volatile and after an initial bounce, Wall Street turned red with the major indices breaking some key support levels. In FX, the EUR/USD was attempting to break out above last Thursday’s high that was achieved in the aftermath of a ‘disappointing’ ECB policy decision.


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Top trade idea for December 10th, 2015 – USD/CAD

By Mircea Vasiu of capitalpropertiesfx.com

Back to the usdcad pair as this market is heavily influenced by the developments in the oil market. Considering 2015 so far was nothing but a bearish year for oil, the CAD was only normal to depreciate. That being said, it is important to look at the pattern this market is forming and from my point of view we’re seeing nothing but corrective waves on all that move to the upside.

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Top trade idea for December 11th, 2015 – AUD/JPY

By Michael McCarthy of CMC markets

That Leonardo Bonacci is some trader! Almost a thousand years ago, he was all over the recent rally in AUD/JPY, correctly nominating short term support and resistance and potential turning points. Kind of.

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Top trade idea for December 15th, 2015 – USD/CAD

By Gregor Horvat of ew-forecast.com

USDCAD is back at new highs of 2015 which has been expected for some time, after we identified a flat correction in wave 4). We see price now in wave 5), which is a final leg of an impulsive rally since June. However, bullish momentum is very strong, while the price action is accelerating so bulls can stay here for 1.4000





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Top trade idea for December 16th, 2015 – USD/JPY

By Matthew Weller of FOREX.com

Markets are understandably on edge ahead of this afternoon’s historic Fed meeting, where the Fed is pondering its first interest rate hike in nearly decade. As we noted in our full FOMC preview, there will be plenty of new information for traders to digest between 2:00pm and about 3:30pm ET, when Janet Yellen’s press conference winds down, but regardless of what the US central bank opts to do and say, volatility is likely.


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Top trade idea for December 17th, 2015 – $GBPJPY

By Mircea Vasiu of capitalpropertiesfx.com

Looking at a potential gbpjpy impulsive move to the upside that needs to return to the end of the third wave green and this means a move to 175.
Now that the Fed is behind us and hiked the rates we remain with the technical picture but still this is a daily chart and it means it will take its time. The move lower should come with a JPY strength rather than with GBP weakness and this means other pairs like USDJPY may suffer in the meantime as well.

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Top trade idea for December 24th, 2015 – $USDCHF

By Mircea Vasiu of capitalpropertiesfx.com

This Christmas sees the US dollar on a move lower even though if you are comparing the actual distance travelled on various US dollar pairs after the Fed rate hike, it is not that much of a correction.Above is the usdchf pair, one pair that is difficult to be traded due to the instability of SNB decisions as well as a negative interest rates environment, but nevertheless the technical picture shows nothing but a contracting triangle.


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Top trade idea for December 28th, 2015 AUD/USD

By Vladislav Antonov of Alpari

Trading opportunities for currency pair: going against a bear trend. Wave B on the weekly is forming as a triangle. It could trade between 0.7100 and 0.7370 until the end of the year.


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good analysis

Top trade idea for December 29th, 2015 – DAX

By Gregor Horvat of ew-forecast.com

German DAX has turned lower few weeks back but it can be only a temporary retracement if we consider that big trend is up after a three wave drop from April high to September low. We labeled this as big corrective wave four so trend can continue back to the highs in months ahead. At the same time we also see a bullish head and shoulder pattern that can be in late stages; currently in right shoulder so new bounce can occur soon.




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Top trade idea for December 30th, 2015 – EUR/USD

By Matthew Weller of FOREX.com

Over the last week or so, we’ve reset the longer-term outlooks for a number of major currency pairs and markets, but now we wanted to take a look at the key short-term levels to watch on the world’s most widely-traded currency pair, EUR/USD.

Top trade idea for January 6th, 2016 – USD/JPY

By Fawad Razaqzada of Forex.com

The sell-off in stocks and oil markets has seen the safe haven US dollar rise against most major currencies, except the Japanese yen. The reason for this is because the yen is currently deemed more of a safe haven currency than the dollar.But as we have mentioned consistently this week, sentiment could turn very quickly and if the stock markets stabilise going into the second half of the week then the USD/JPY may finally start to rise.




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Top trade idea for January 7th, 2015 – AUD/USD

By Mircea Vasiu of capitalpropertiesfx.com

AUDUSD pair here it is being sold aggressively together with the whole commodity sector to start the year and our take is that the pair is going to make a new low. This is the reason for wanting to go long from that 0.6900 area with 0.6700 stop loss and 0.7320 take profit as the triple zigzag that is channeling really well should be followed by a so called flat with a strong b wave, namely a strong b wave that retraces more than 100% when compared with the previous wave a.

Top trade idea for January 8th, 2016 – USD/CNH

By Michael McCarthy of CMC markets

Traders are warned that the following contains information of a graphic and concerning nature. It involves naked risk and outrageous postulation, and is recommended for only the most fearless, foolhardy or disciplined.I love it when a market goes exponential.


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Top trade idea for January 12th, 2016 – AUD/USD

By Gregor Horvat of ew-forecast.com

A sharp decline on last week took out the lower side of an upward corrective channel which is the most important evidence for a trend continuation on AUDUSD pair, in our case to the downside.



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Top trade idea for January 13th, 2016 – AUD/USD

By Matthew Weller of FOREX.com

It’s said that the night is blackest just before the dawn, and investors clearly had a very dim short-term outlook on China’s economy earlier this week. After some aggressive action from the People’s Bank of China (PBOC) and better-than-expected trade data, there is a glimmer of hope on the horizon, but only time will tell if it’s a false dawn or a real sign that things are getting better in the world’s second-largest economy.

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Top trade idea for January 15th, 2016 – USD/CAD

By Ric Spooner of CMC Markets

This has been a magnificent uptrend. Recently of course it’s been mainly about oil’s woes and the impact on Canada’s export revenue.
Over the past couple of days, the market has shown signs of faltering at and AB=CD level. If there is a trend peak here, the latest swing will be the same size as the one before it. A significant correction often follows this.

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Top trade idea for January 18th, 2016 – CAD/JPY

By Vladislav Antonov of Alpari

Trading opportunities for currency pair: the CAD/JPY is stuck in a bear trend due to the Chinese stock market crash and a fall in oil prices. If you’re looking to sell the Canadian, then 81.15/30 is your marker. After a rise of the rate to 82.43 we should stave off selling. Whilst the oil and Chinese markets are down in the dumps, expect the CAD to weaken to the 76.61-74.78 support zone.

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Top trade idea for January 20th, 2016 – NZD/USD

By Fawad Razaqzada of Forex.com

The New Zealand dollar’s weakness was exacerbated overnight when inflation data showed consumer prices fell by a surprisingly large 0.5% in the fourth quarter of 2015. Unsurprisingly, the biggest contributor for the fall in inflation was a 7% drop in petrol prices, while falls in vegetable prices and those of tradable goods and services also contributed to the overall decline. The Kiwi had already been undermined by a 1.4% drop in the GDT Price Index the day before, though the 0.5% fall in whole milk powder prices was insignificant compared to the big 4.4% drop in the previous auction.

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Top trade idea for January 21st, 2016 – EUR/JPY

By Mircea Vasiu of capitalpropertiesfx.com

Ahead of the ECB we are looking at the eurjpy cross as it is finding itself in a very interesting spot in the sense that a contracting triangle on the daily chart should form.
This contracting triangle already has three legs completed, namely waves a, b and c and now we should move above 140 to complete wave d. Any d wave of a triangle must be a corrective wave, and if I were to choose between a flat or a zigzag I would say that most likely it will be a zig-zag family pattern.

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