audjpy hasnt closed above 95.6 on a weekly level throughout this whole run. it's friday & pre london, i believe this pair is going to continue the trend of closing below 94.6 on the weekly level.
Just TA here. When you look at the weekly area. 85.20ish is normally support. i just see this ABCD Extension pattern here and so i believe this pair is short to at least one of the circled fib levels!
i dont believe this pair is bullish at all. usdcad hasn't closed above 1.3044 since in a long time and since May 12 it's been rejecting there and closing beneath it. with all the dollar strength there has been, due to mainly euro weakness, it doesn't show in usdcad that much. my money is on the short side!
This is my first time trading the Nasdaq futures and i believe this is a top for the day. im not sure if the nfp news is going to have an effect on this like it does forex, but let's see. my technical analysis tells me this is possibly going as low as 11805(yesterday's low) but i believe we can get to 11850, which is about midway. time to turn the nasdaq into a...
