USDJPY and NZDUSD in a Countertrend Move
In our Daily Trade Watch video, we look for high probability trade setups that we can trade throughout the day. Today, we take a close look at USDJPY and NZDUSD after yesterday’s countertrend moves against the dollar. The reason for this significant move was due to lower than expected ISM manufacturing data out of the…
Risk-on for US Equities this Thanksgiving
In our Daily Trade Watch video, we look for high probability trade setups that we can trade throughout the day. Today, we discuss the risk-on nature of the US Equities this Thanksgiving. This is normally a time for relatively quieter trading conditions due to the fact that most of the financial decision-makers in some of…
Aussie and Oil Are Still Best in Show
In our Daily Trade Watch video, we look for high probability trade setups that we can trade throughout the day. Today, we continue our discussion about how Aussie and Oil are still best in show. We spoke yesterday about the importance of the 0.6768 as a resistance level preventing prices from pushing lower. This is…
Structural Failure to the Downside in AUSUSD
In our Daily Trade Watch video, we look for high probability trade setups that we can trade throughout the day. Today, we look at a structural failure to the downside in AUSUSD. In an environment where the dollar is a bit wishy-washy, the Aussie is a little more predictable. This market has been in a…
Big Euro Data Plus Black Gold
In our Daily Trade Watch video, we look for high probability trade setups that we can trade throughout the day. Today, we look at some big euro data plus black Gold. It is important to note that we have a number of data releases impacting the German, French and European economies between the hours of…