Empower Trader

Trade Idea: USDCAD has managed to break key resistance level yesterday as seen in the chart. Now price is approaching the final resistance level of…

View More USDCAD Price Returns to Major Resistance

Trade Idea: Bullish Reversal AUDNZD has continued its move lower and lower following a bearish channel trend starting all the way back in May. Now…

View More AUDNZD Testing Major Support

Trade Idea: Gold is once again back at key support level ahead of Powell’s testimony, FOMC minute and CPI report. With volatility expected to increase…

View More GOLD Breakout Back at Major Support

Trade Idea: Despite the Fed intention to hold the rates unchanged for 2019, the dollar fell sharply bottoming out on the 24th of June. Now…

View More USDCHF Ready For Another Reversal

Trade Background:Not much to say here due to the nature of the trade being a short one and relying solely on technical analysis.  Trade Idea:  Positioning:…

View More USDZAR Potential Bullish Reversal

Trade Background:Not much to say here, due to the fact that this trade is in such a small time frame and is relying solely on technical…

View More EURNZD Potential Bounce from Support

Trade Background: Gold is currently forming a triangle structure. A buy position may be wise at this point considering that the global market is approaching correction…

View More GOLD Triangle Structure

Trade Background:  Price broke off a bullish trend channel last week on May 23th. Since then price has been trading in a bearish channel . Now price is testing…

View More USDJPY Bearish Reversal

Trade Background: EURNZD has tested major resistance level last week, when price failed to move higher after approaching 2019 all time high. On another note, EUR is currently…

View More EURNZD Reversal Begins

Trade Background:  Price has been in a pullback since its massive tumble last week on May 23th. Now price is edging closer and closer to…

View More USOIL Potential Reversal