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The most relevant news regarding oil during this weekend's G20 summit is that Russia and Saudia Arabia do not plan to cut their oil production, meaning the price per barrel will continue to drop.
When Oil goes down, USDCAD goes up.
Price is still on an up-trend, but could be starting to turn
Short term buy, long term sell
A recap of the results on my position on USDCAD from Bad Advice part 1.
USDJPY is heading bearish - possibly to 111.8
Bullish on the USDCAD up channel, despite recent price dip.
Applying Dow Theory to GBPJPY. Dow Theory - www.investopedia.com
Looking at the correlation between EURUSD and EURJPY
Just a quick thought about where USDJPY is heading.
...sorry for the choppy video
Waiting to see if NZDJPY is going to reverse and go up, or continue down...
Following from my last USDCAD Video. TOkyo session begins in an hour.
Looking for USDJPY to bouce off of Trendline - heading towards the high, creating a double top.
My overall thought is that NZDUSD wants to fall, but I am unsure if it is already close to its bottom and may turn around. I may take a sell position with a tight stop loss.
Still learning out to use the fibnocci tool to analyze when to exit and enter USDJPY
My first video idea. I am bullish on the up-channel being shown.