The medias are talking about a bear market and oil is going to down to $40 per barrel. I think we are already at a turning point.
This would be a nice trade to the downside
Look for a good short setup
FX:GBPUSD will move sideways for a while. Look for a good short setup because it will go lower.
Possible good short entry now.
Currently we are consolidating. I expect a small move up before we will go lower
FX_IDC:AUDJPY is currently in a shorter down trend before moving up.
At the top of a channel
AUDCAD is about to break the flag for a new move up
Expecting a move up inside the channel.
We can expect a bigger move down to around 0.90825
This is a very long term setup so don't enter the trade now. Wait for the flag to form.
Shorting the AUDCAD now
Flag forming and shortly we will see another move down. I expect one move down to around 1.87640
The EURAUD is forming a channel or flag which is indicating a move further down. This also correspond to the bigger trend which means we can expect to hit 1.44800
Weakening of the CAD against the Franc
Expecting a move up
Short tern long and then a bigger move to the down side can be expected.
Within the coming 14 days we will see the dollar weaken. I think that now is a good time to enter a long term short trade in the dollar index