Currencies review – swing trading strategies, swing trade signals, action reaction.

Currencies are all trading under pressure from a higher dollar. The dollar is trading higher, after breaking out of a bullish reaction swing chart pattern that portends a continuation of this price advance into the May 26th reversal date. The British pound, Canadian dollar, and the Australian dollar  remain bearish due to negative price action… read more

Market Alert – Bottoming action setting up buying opportunity in Eurocurrency! – Swing trading strategy, price action, reversal dates, swing trade signals, action reaction.

June Eurocurrency – The daily charts shows the market has tested and rallied off the lower parallel line and could be setting up for a new bullish swing trading opportunity. The parallel line represents a long-term support and could prove to be significant over the next few weeks. Adding to the potential bullish price action,… read more