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Election results tomorrow will define where the pound will go. small risk, huge reward.
Range trading + ABC pattern
100 pip trade
Good luck to all!
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Heavy news tomorrow for both USDCAD with CAD having an edge. April has been a good month for CAD as OIL price was at its highest.
USD car sales went down for April.
Would be placing a short entry for tomorrow's NY session.
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this can be an easy 50 - 70 pips win to start our week, despite the tradewars, gulf wars, and starwars.. :)
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possible long . but will wait till audusd bounce from 0.70020 support at 4hr chart
"Range trading" for this week. 50 day moving average dead center. big news for cad on wed and usd on friday.
this week looks to continue with "range trading" for the pair. big news up ahead for cad on wed and usd on friday
Long after retracement
First target @ 1.33958 @ 50% Fib
Wait after NFP announcement.
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AUDUSD possible bearish after retracement
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Green $$$ forecast to be 4% weaker vs G10 over 0-3M.
Be safe guys!
Target @ 1.33700 major resistance coming from 1.3330 major support
First target @ 98.00
Possibility that Crude oil Bulls will cash in their profit friday bringing down the price of oil, which will weaken the loonie towards the end of tomorrow's trading.
News for both is equally positive.
DXY showing some push from weak chinese macro economic data.
USD/CAD long entry before news @ 8.30 EST
Surge in oil price helping loonie.
As I have shared last night, go Short just before news tp at first support level. Now were seeing great continuatio till it hit 2nd support @ 1.32788
Short order just before 8.30 when the news comes out tomorrow, hold till it hits first major resistance @ 1.3330