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The setup for a nice scalping position on USDCAD is imminent. Watch for this next price level to create a rally or break low for a good opening to make some $$$. Our target is 1.35 for long, or 1.308 for short.
Hold onto your sphincter, the AUD might rally here in the next couple days. Passing the 1.35 resistance point will be key to whether or not AUD will rally strong or channel between the 1.3 support levels.
FX:EURUSD will hit our price level and then either bounce up to 1.08 or completely wash out in historic fashion. Trade the market, not what you think will happen, allow the price action to show it's trajectory, use stops to keep losses minimized.
OANDA:BCOUSD has decided to consolidate sideways regardless of typical US holiday rallies, along with the huge oil deposit finding in Texas + overall shale/natural gas boom in the Dakotas/Canada, the overall supply of oil is vastly increased yet the demand from traditional sources is in decline, thus this will create a downward trend for oil prices in the coming ...