by Michael Bridgman | Apr 21, 2022 | Forex Tips
The USDCAD started the U.S. session dipping down to test its Asian session low… very close to yesterday’s low and found buyers. As the pair began to climb higher, a long was taken risking 20 pips for a potential 49 pips to our daily target at 1.2542. The pair moved to...
by Michael Bridgman | Apr 14, 2022 | Forex Tips
The USDJPY has been surging higher since moving above the 116.00 figure last week. This move is based on the fundamental weakness currently of Japan’s economy and is reflected in other yen crosses as well. The USD was strong today and after the economic news, a...
by Michael Bridgman | Apr 8, 2022 | Forex Tips
The AUDUSD traded mostly sideways going into the U.S. session overlap. A short set was taken risking 11 pips for a potential 48 pips to our daily target at .7409. Price moved lower and we locked in profits as it did. A reversal pattern set up and we re-entered long...
by Michael Bridgman | Apr 6, 2022 | Forex Tips
The AUDUSD set up for a short early in the U.S. session overlap after a third lower high… risking 15 pips for a potential 39 pips to our daily target at .7525. Price went sideways after the entry for 30 minutes then began to move lower stalling near yesterday’s...
by Michael Bridgman | Apr 5, 2022 | Forex Tips
The EURUSD made a series of four lower highs today and a short was taken after it cleared its Asian low during the U.S. session overlap… risking 20 pips for a potential 69 pips to our daily target at 108.82. As price continued lower, we locked in profit taking...
by Michael Bridgman | Mar 28, 2022 | Forex Tips
The U.K. and Europe moved their clocks ahead on Sunday. North America is now in sync again having moved their clocks forward two weeks ago. Today there were no economic news releases in the U.S. session, but oil was moving down. A long was taken in the USDCAD in...
