Weekly outlook 23-27 Jan

Welcome back to This-Is-Forex.com, there are market moving sentiment shifts in  the making especially when it comes to the Canadian dollar.

My favourite plays for the week ahead :

AudCad

2017-01-22_audcad

If price makes it lower to this demand level a reaction is likely. In any other case IBs could open up continuation opportunities. Aussie CPI due on Wednesday which could be another catalyst for a resumption

CadJpy

2017-01-22_cadjpy

85.96 represents the neckline of the daily double top. With the latest 4h IB breakout i expect further downside pressure.

Gold

2017-01-22_gold

Currently battling through former supply. Once those orders are levelled further surge is anticipated.

Best

Miad Kasravi

Miad

View posts by Miad
Currency&Commodity Trader

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Scroll to top