78.640 I think we could have a gap down from the weekend. Want a pullback into 78.640 area to look for shorts. OIl news (saudis ramping up production) should give lots of bearish momentum on this pair this week. Depending where we open up this week i will adjust my possible short entry. Will update here as the week goes.
Hopefully get a pullback early in the week, if we dont pullback to at least 106.600 i will stay out of anything. Still news getting worse about Corona, market should stay scared and bullish momentum for USD should be limited this week. Will keep an eye out for entries once i see us hit 106.600.
Will wait until we get a break of 1.34360 until i enter anything. If we pull back to 1.3400 i will look at entering longs from there. Fundamentals from this weekend: Saudis are planning a huge price war... this is BAD for CAD. Russia went against alliance so Saudis are fighting back with ramping up production in turn which will saturate the market. I could see...
Simple retest entry, AUD retail sales were negative, should continue bearish pressure down to 69.430
Waited for a break of support @ 1.70734, got a nice candle close below, entry on the retest. Oil still pushing up which gives extra confluence for a strong CAD. Clean candle to the left, we should fall all the way down to daily support @ 1.700
Entered this during Asian session last night. Good push down in NY yesterday, entered on a nice retracement. Still running in profit. Entry: 81.727 S/L: 81.920 T/P 81.198
CPI figures werent great @ 630, regardless we still pushed to make a bullish 4h candle, got a better entry @ 108.476 S/L: 108.623
Rejected 14emaon 1h and 50ema on 30m. Taking a scalp up to resistance level around 85.515
looking for sells @ resistance Weekly is down, daily is down, Should reject this level early in the week.