The bears are surely dominating this week, yet another bearish pair, Traders report favours the bearish movement, Price has reached a significant reversal level, we expecting it struggles to push above and rolls down, then we enter trades as identified.
Scalpers will love this one, as you ride the uptrend, however there inst any clear breakout indication... I think we should trade the uptrend, and set our positions in line with the resistances/Support
A very neutral pair, it can be dangerous to invest a lot in it, Scalping could be the best trading strategy to go for, there might be less volatility on it, however we will see possible options as the week goes on.
USDCAD has a lot of potential and opportunities, however we are betting only on Long positions, we may need to keep an eye on it, as every bearish correction could offer us an entry.
Futures traders report, shows short positions on AUD, and in overall we are expecting a strong USD , which ultimately gives us strong bears, an overall trend in all time frames confirms short positions. Possible sort, that is 1:7 PLEASE SCALE IN MORE POSITIONS as we ride it down.
