The Australian and US dollar were at par last month when an all-time high of 1.0183 was reached on November 5. However, the Aussie started declining by a thousand pips to an 8-week low of 0.9584 because of the Ireland banking crisis, which was followed up by the potential North-South Korea war last week.
Fortunately for the Aussie [...]

Buy: 0.9980/90
Stop: 0.9932
Targets: 1.0095 / 1.0125 / 1.00225
Move stop to breakeven on 60 pips profit.

If it closes above that blue line, that’s another buy signal for me.

Disclaimer:
Foreign exchange trading and investment in derivatives can be very speculative and may result in losses as well as profits. Foreign exchange and derivatives trading entails a considerable risk [...]

I’m finally back after a long hiatus (sorry the jetlag was too much for me to write something worth your while reading). We will be looking at EUR/USD and see some possible trading setups that might be worth the trade.
EUR/USD Daily Chart
Below is the daily chart of the euro-dollar. You can see that there is [...]