NZD/JPY Heading for a Price of No Return

There have been several indications technically that the NZD/JPY is overbought at this recent run-up price near 81.00. Traders who need a leg up in the market should pay close attention to this pair this week in my opinion. The monthly target has yet to be hit and it is a tempting trade indeed. Great […]...

Trade Update: GBP/JPY Set for Quick 300+ Pip Potential

Being a target trader I am naturally looking for points where we believe the market has reached a major support/resistance point and has just struck a D extension on the fib scale.    In my opinion, trading back from the D (or a “sweet spot” trade as my mentor the FX Chief™ has dubbed it) […]...

Forex Recap: EUR/JPY Poised for Major Price Correction

EUR/JPY is looking good! Currently, we’re looking for negative space to fill in the market on this Euro cross.  I don’t see any major announcements we need to be worried about this week that could shake this pair up. However, I have seen negative trade balance numbers, (in the case the Euro Central Bank), or […]...

Trade Update: EUR/CAD reacts to Euro-Zone

Hello traders! Some really exciting market movements and opportunities to talk about today. The EUR/CAD responded (in a secondary reaction) to European news about financial planning (monetary policy) and the north side of our EUR/CAD 2-hour trade broke north. As I spoke about in the previous discussion, if the market crossed the range created between the […]...

Trade Update: NZD/USD un-hit; targets pointing the way to profits

Welcome back traders! The next opportunity I wanted to look at is the NZD/USD. The market has again formed a low and high on the 2-hour chart that seems to be long lasting till this point. I believe we have enough time left in the month left that the un-hit monthly target is really pulling […]...

Trade Update: NZD/USD 2nd Look at additional potential profits

Hey traders! Last time I posted, I was talking about the NZD/USD on the 2-hour chart. We had a nice “negative space trade” shape up, but we needed a reason to get in and we were looking for a better buy-low price BEFORE we entered.  The market did end up triggering our pending order and […]...

Trade Update: AUD/USD monthly target tells tale of overbought market

Hello traders, Brian Thomas back again with your Forex Update! Recently, I’ve been looking at opportunities with the help of the skills I’ve learned through the Target Trading course.  The price target set for the month of March for AUD/USD is still to be reached and we have a nice sell-high price that has been […]...