The rally with the USD post FOMC has assisted the Bear Flag patterns still building on the E/U, A/U and Kiwi. However all three flag patterns have major support levels below current price and I would still prefer to see a breach of these levels before being convinced that these flags are underway.

I closed out a number of Option trades this week that were in profit and I’m waiting to see the fallout from FOMC before loading up again. The following charts are those stocks I’ll be looking to trade in the coming weeks assuming there is no acute reaction and sell off after FOMC. I will be […]

After a bumpy start to October, global stock indices staged a bit if a recovery last week and so I thought I’d check on some charts as we head into the final week of the month.

I mentioned the potential of a Bear Flag here on the Kiwi in my recent w/e analysis. Some weaker than expected NXD CPI data seems to have kick-started a possible breakout move.

The U/J is still trading within a potential bullish ‘inverse H&S’ on the 4hr charts.