Earlier today we released our performance of the trade copier since Aug 2014 to March 2015. Please read the performance here: Capital3x Trade Copier Performance
FXE
FXE has new descending triangle breakdown on 13 March 2015 but it may not be useful as the futures has already met its target at 109.
FXA: FXA has a new descending triangle breakdown on `10 March 2015 and just like the EUR, it has also reached its target at 78. We wait for new targets as the pattern starts to evolve.
YEN
Yen has a new downside target at 69.5. This is a brand new pattern with a new target. We want to long USDJPY to take advantage of this pattern.
DXY
New upside targets for USD index at 112. These are long term setups and hence take them with prudence of stop and sizing.
Recommended Content
Editors’ Picks
AUD/USD: Gains appear capped near 0.6580
AUD/USD made a sharp U-turn on Tuesday, reversing six consecutive sessions of gains and tumbling to multi-day lows near 0.6480 on the back of the robust bounce in the Greenback.
EUR/USD looks depressed ahead of FOMC
EUR/USD followed the sour mood prevailing in the broader risk complex and plummeted to multi-session lows in the vicinity of 1.0670 in response to the data-driven rebound in the US Dollar prior to the Fed’s interest rate decision.
Gold stable below $2,300 despite mounting fears
Gold stays under selling pressure and confronts the $2,300 region on Tuesday against the backdrop of the resumption of the bullish trend in the Greenback and the decent bounce in US yields prior to the interest rate decision by the Fed on Wednesday.
Bitcoin price tests $60K range as Coinbase advances toward instant, low-cost BTC transfers
BTC bulls need to hold here on the daily time frame, lest we see $52K range tested. Bitcoin (BTC) price slid lower on Tuesday during the opening hours of the New York session, dipping its toes into a crucial chart area.
Federal Reserve meeting preview: The stock market expects the worst
US stocks are a sea of red on Tuesday as a mixture of fundamental data and jitters ahead of the Fed meeting knock risk sentiment. The economic backdrop to this meeting is not ideal for stock market bulls.