When attempting to develop a short- or medium-term range trade, it is essential to remove as much fundamental risk as possible. For our AUDCAD setup today, the risk from a pervasive driver is diminished through virtue of the individual currency’s standing on the risk spectrum. Read More AUDCAD Range Threatened by Fundamentals, Supported by Technicals
Posted in FX News | Tagged audcad, by, fundamentals, range, supported, technicals, threatened
CURRENCY CURRENT BIAS POTENTIAL STRATEGY EUR/USD (Medium Term) Wait until a new pattern emerges. GBP/USD (Medium Term) Wait until a new pattern emerges. USD/JPY (Medium Term) Wait until a new pattern emerges. USD/CHF (Medium Term) Sell USD/CHF at 1.0238. Stop at 1.0283. Profit targets at 1.0171, 1.0119. USD/CAD (Medium Term) Sell USD/CAD at 1.0702. Stop [...]
Posted in FX News | Tagged 10702, at, critical, resistance, swing, technicals, usdcad
