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

Leave a Reply

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

Scroll to top

Discover more from SPECULATORS TRADING

Subscribe now to keep reading and get access to the full archive.

Continue reading