EUR/USD took a beating last week - it now seems likely we will see higher prices - at least for a brief period. Nonetheless, plenty of room to work with for longs with upside target(s) at 1.3550+ EUR/USD 30-min chart image

Aspenalysis: Simple To Follow FX Trade Ideas

Still bullish on EUR/USD but will need to allow for a modest pull-back first. Upside target seen towards 1.3935+ image

Aspenalysis: Simple To Follow FX Trade Ideas

Still some more downside left in AUD/USD. The only wrinkle is the S&P's. They are holding 1689'ish support in a corrective move off the recent highs. So while any upside traction from there has been lacking, if it does develop it may not allow ...

Aspenalysis: Simple To Follow FX Trade Ideas

Daily noise to the trading brain - avoid these 7 unprofitable traps

Aspenalysis: Simple To Follow FX Trade Ideas

Looks like we might get a chance to pick up some 10-year notes on this pull-back. Still ample room to run to the upside.

Aspenalysis: Simple To Follow FX Trade Ideas

Taper Jam Here are my thoughts on yesterday's Fed meeting and how we will position ourselves going forward. No-Taper Video Analysis

Aspenalysis: Simple To Follow FX Trade Ideas

Trend is clear - up....and the count is in-line with what I see in the S&P's. Given that the 2 are positively correlated, we should see higher levels in AUD/USD on a break above .9388 with an initial target seen at .9483+ AUD/USD 60-min chart image

Aspenalysis: Simple To Follow FX Trade Ideas

Ahhh, the Dollar Index (DXC) - everybody's favorite index to forecast! Based on the move lower off the Sep 5th highs, it is reasonable to assume prices will stall and possibly reverse to the upside at the 81.34/81.00 area. Not a signal to get ...

Aspenalysis: Simple To Follow FX Trade Ideas

Never underestimate a good correlation - a traders best friend. No mystery here - Dollar Index (DXC) and EUR/USD are inversely correlated - one does not stray far without the other in tow. Thus, despite some rumblings that DXC had bottomed out ...

Aspenalysis: Simple To Follow FX Trade Ideas

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Aspenalysis: Simple To Follow FX Trade Ideas

Traders, as you are well aware, trading is a pretty fascinating, complicated and at times, perverse, profession. Yet for many, myself included, it is so alluring - a giant game of chess is how I refer to it. However, over the years, while I have ...

Aspenalysis: Simple To Follow FX Trade Ideas

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Aspenalysis: Simple To Follow FX Trade Ideas

Traders, if you are wondering why EUR/USD has not been getting much coverage here at Aspen Trading - look no further than the chart below. image Normally after a completed triangle, prices, in this case, would fall sharply lower. That has not been ...

Aspenalysis: Simple To Follow FX Trade Ideas

EUR/JPY - poised to continue the move higher. Establish/add to longs on break above 132.40, initial target of 133.85

Aspenalysis: Simple To Follow FX Trade Ideas

Traders, good afternoon. Back from a week away from the monitors and certainly feeling refreshed. With one more week of summer officially still before us, we might see subdued markets ahead of Labor Day, but I will be back in the saddle on Monday AM ...

Aspenalysis: Simple To Follow FX Trade Ideas

For some time many more grounded traders/analysts have been quite critical of the Fed - and for good reasons in my opinion. A recent article in the FT by Gillian Tett clearly shows just how out of touch individuals are with what the Fed's abilities, ...

Aspenalysis: Simple To Follow FX Trade Ideas

Good evening traders, just a few updates as Asian trading continues along here: EUR/USD - still pushing modestly higher in a corrective manner as noted during the North American session. Likely to see prices move towards 1.3316 USD/SEK - still think ...

Aspenalysis: Simple To Follow FX Trade Ideas

This was a big trade for us in EUR/NZD - topped out at 1.7100'ish

Aspenalysis: Simple To Follow FX Trade Ideas

Traders, some key data will be released later in Australia - see below (all times Pacific). It may well keep the downside pressure on AUD. Thus, let's consider the following STT's: image Short AUD/JPY - short a break of 87.40 with stops at 88.25 ...

Aspenalysis: Simple To Follow FX Trade Ideas

Tonight's Simple Technical Trades (STT's) EUR/NZD - finally showing signs of re-establishing an uptrend. Would look to build long positions above 1.6775, suggested stops at 1.6540 and initially targeting 1.7350 EUR/JPY - 5-waves off the lows might ...

Aspenalysis: Simple To Follow FX Trade Ideas