skintheherd

skintheherd

2017 started bearish for US Dollar and will be pressured in the next few weeks to come. The internals for the structure is now weak and could be shifting its trend temporarily for a pullback. The uptrend line is likely to be tested and a breakdown will be vicious for the dollar bulls.

skintheherd

The breakout from 2016 has made Canadian Dollar strong and the sideways action seem to have ended now as the currency has resumed its strength. The currency when it holds a pullback to the blue zone or remains above December 2016 lows maintains a bullish tone for Canadian Dollar. I will continually update the chart as 2017 progresses.

skintheherd

Australian dollar faces a tough resistance coming into 2017. I will update this page continually through the year.

skintheherd

Yen has rallied from its recent lows near the end of 2016. Bearish stance remains intact however allow further rebound into the .236 or .382 fibonacci area. Expecting Yen to continue its rebound as long as its 2017 lows is not broken.