Comiczen11

Comiczen11

- Price is currently sitting within weekly demand with the possibility testing previous daily highs at 0.93800. - BOC IR announcement later in the week may lead to longer term holding to fill the daily imbalance above 0.94300. - Positive news during the week regarding Aus vaccination rollout may also lead to bullish sentiment.

Comiczen11 Updated 

- Possible shorts setting up for GBPCHF down to 1.2700 area - GBP heavily influenced by the coming UK election - Election polls and any talk of Brexit will affect price.

Comiczen11

- Over extended run on the daily into strong resistance. - Looking for possible shorts to 0.8560 then to the 0.8500 area. - Keeping an eye out for CAD trade balance and unemployment data later this week to see how price reacts.

Comiczen11 Updated 

- Price broke descending channel into strong support. - Possible longs up to 83.00 then 83.50. - Looking to CAD inflation data later this week to see how price reacts.

Comiczen11 Updated 

Over extended run on the daily, with possible shorts down to 0.6670 area then 0.6530 for longer term targets. The past few months the RBA has been lowering interest rates weakening AUD. Looking to Thursdays AUD unemployment rate to see how price reacts.