GBPCAD - Trading Signal - February 19th 2015

GBPCAD has rallied sharply, but I have entered my short position in this currency pair as I expect profit taking to occur and I will enter more short positions every 100 pips higher from here until we reach 1.9615. Forex traders will seek good short entry opportunities in this currency pair and should have more than one entry in this trade in order to reduce risk.

NZDUSD - Trading Signal - February 17th 2015

NZDUSD has rallied sharply, but I have entered my short position in this currency pair as I expect profit taking to occur and I will enter more short positions every 50 pips higher from here until we reach 0.7685. Forex traders will seek good short entry opportunities in this currency pair and should have more than one entry in this trade in order to reduce risk.

AUDUSD - Trading Signal - February 12th 2015

AUDUSD has moved lower and reached its horizontal support level. I think we will see some stability and a reversal as forex traders will cover some short positions. I have entered my long position in this currency pair as I expect it to trend higher and I will enter more long positions every 50 pips lower from here until we reach 0.7430.Traders will seek good long entry opportunities in this currency pair and should have more than one entry in this trade in order to reduce risk.

EURCAD - Trading Signal - February 10th 2015

EURCAD has moved lower and reached its horizontal support level. I think we will see some stability and a reversal as forex traders will cover some short positions. I have entered my long position in this currency pair as I expect it to trend higher and I will enter more long positions every 25 pips lower from here until we reach 1.4020.Traders will seek good long entry opportunities in this currency pair and should have more than one entry in this trade in order to reduce risk.

CADJPY - Trading Signal - February 5th 2015

CADJPY has moved lower and reached its horizontal support level. I think we will see some stability and a reversal as forex traders will cover some short positions. I have entered my long position in this currency pair as I expect it to trend higher and I will enter more long positions every 50 pips lower from here until we reach 91.80.Traders will seek good long entry opportunities in this currency pair and should have more than one entry in this trade in order to reduce risk.

EURAUD - Trading Signal - February 3rd 2015

EURAUD has rallied sharply as economic data out of Canada has dragged down the Canadian Dollar while the collapse in the oil price has also contributed to the sell-off. I have entered my short position in this currency pair as I expect profit taking to occur and I will enter more short positions every 50 pips higher from here until we reach 1.4990. Forex traders will seek good short entry opportunities in this currency pair and should have more than one entry in this trade in order to reduce risk.