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Trade Recommendations, June 7th: Sell USD/CAD

Posted on June 6th, 2017.

USD/CAD: Short-Term Buy (Close Position) The pair almost reached our target price last week, but it turned lower from just 15 pips of the desired price level. The Dollar failed to gain ground on the other majors, and although the position is still positive, the weak reaction to the recent fundamental developments (the drop in the price...

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Investment Recommendations April 18th

Posted on April 18th, 2017.

S&P 500: Short-Term Sell   S&P 500 futures, 4-Hour Chart Analysis The index remains below the line-in-the-sand zone between $2350 and $2355 and the low volume bounce on Monday creates a good short-term opportunity to place a short trade. The prior leader of the global rally, the DAX is still trending lower, and the US indices are...