DerekTaylor

DerekTaylor

Looks like institutional sell off leading up to the release of unemployment and Non - farm this week. May be a good opportunity for a BUY position once the dust settles

DerekTaylor

I would look for a limit BUY at 117.34. If the price trend breaks through, wait for further support. If rebounds, look for mid term range to 118.15 area

DerekTaylor

Investors are closing out their profit positons in USDJPY. Lookinh to place BUY orders around the 117.92 mark. Will set a TP around 118.15.

DerekTaylor

Bullish oil prices and a weak Eurozone will continue a downward trend in EURCAD. EU news this week will more than likely solidify a weak position for the Euro, whereas strong manufacturing data will push oil higher, ergo driving CAD. Looking for a 15 Pip Take Profit

DerekTaylor

USDCAD should retrace to approx 1.3425. Looking for a 7 pip gain. Very conservative TP, but fairly secure