Daniel Stein / Blog
The EUR Downtrend is over Today I want to explain how I came to this conclusion If we check the detailed FX Trend analysis of EURUSD you might think I'm totally wrong...
Breakout on USDJPY Because most majors take a quick break there are only two interesting left. USDCHF and USDJPY. While USDCHF is still fighting with an intraday resistance we'll have a look at USDJPY...
The Dollar drives the market Today we can clearly see that the USD is in the lead. Almost all majors are perfectly in-line and the USD continues to gain strength against all other currencies...
Waiting for the breakout The CAD was able to gain significant strength during the last days. As a result USDCAD is about to break it's current BUY trend on D1...
Trading a major Today we are going to trade the USDCHF The important trends from M15 up to D1 are all BUY with a high intensity...
How to identify new opportunities We finally found a good trading opportunity EURUSD is breaking downwards while GBPUSD is pushing upwards. This provides a great chance for a SELL trade on EURGBP...
How to handle a transition phase The market is still in a transition because the USD is losing strength and the other currencies are about to break their downtrend...
How to handle a clearly ranging market Today we are facing another typical sideways ranging market. The major USD pairs do have their trends still not in-line. It's a wild mixture of BUY and SELL trends across all time frames...
The beginning of a sideways market Today we are facing a typical sideways ranging market. As we can see NONE of the major pairs does have it's trends in line. So the chance for a trend continuation on any symbol is pretty small...