All trading plans for the week are on this page with the most recent one on top.
4474
Today in the main session the USD and JPY were weak and the AUD and NZD has some strength. Pairs like the NZD/USD and AUD/USD are inside of resistance layers/clusters so we did not think they were good buy entries. The AUD/JPY is continuing higher but is hitting layers of resistance at 95.50 so we would be exiting any buys at this resistance point.
4473
CAD/JPY – the D1 trend is forming to the upside, set a buy alarm at 96.40, this pair has excellent upside potential. USD/JPY - the D1 trend is crossing to the upside, set a buy alarm at 108.30, upside potential is to 110.00. EUR/USD – this pair could cycle back up off of support to the 1.2800 area, look for a buy signal on this pair in the main session, you can also set a buy alarm at 1.2675, this pair is a little choppy. News drivers for the upcoming main session from the GBP and USD can be found on the news calendars.
4472
Today in the main session the JPY was weak on all pairs. There was also minor EUR, CAD and AUD strength. The CAD/JPY moved up and the D1 time frame is crossing on this pair, it has great upside potential to the 99.00 area. The AUD/JPY has a resistance area/target at around 95.50. The EUR/JPY is at one resistance level and we would scale out lots at the current prices. News drivers for the upcoming Asian session from the NZD can be found on the news calendars.
4471
CAD/CHF – set resistance alarm at 0.8505, next resistance area is close by at 0.8600. GBP/CHF – set resistance alarm at 1.5315, next resistance area is around 1.5475, this pair is slightly choppy. GBP/CAD – set resistance alarm at 1.8100, next resistance area is around 1.8245.
Other Pairs AUD/NZD – this pair moved up earlier today, if you bought this pair we see more upside to about 1.1245. News drivers for the upcoming main session from the EUR, GBP, USD and CAD can be found on the news calendars.
4470
Today in the main session we did not see any strong movements or breakouts. The AUD and CAD had strength and the EUR and CHF has some weakness. There were some small movements, mostly inside ranges or support and resistance levels, based on these currencies, or moves right after the CAD news. The pairs that did move somewhat are now stalling. News drivers for the upcoming Asian session from the AUD and NZD can be found on the news calendars. There is also a CAD news driver later today a few hours from now.
4469
CAD/JPY – set a resistance alarm at 95.40, above there the D1 trend could form with good upside potential. GBP/JPY – set a resistance alarm at 172.95, excellent upside potential above there. CAD/CHF – set a resistance alarm at 0.8465. This pair has potential up to 0.8600. EUR/CAD – set a support alarm at 1.4255, potential down to 1.4100 (estimate). This pair is slightly choppy so only use strong Heatmap signals on entry. GBP/CHF – set a resistance alarm at 1.5315, potential up to 1.5500. This pair is slightly choppy so only use strong Heatmap signals on entry. News drivers for the upcoming Main session from the GBP, CAD, and USD can be found on the news calendars.
4468
Today in the main session the CAD strengthened on all pairs. The EUR and CHF were mostly weak. The CAD/CHF moved higher but this pair only has H4 time frame support, it could continue higher another day or two but we would scale out lots on this pair. The EUR/CAD also dropped, it also has only H4 time frame support so we would scale out lots on this pair also. News drivers for the upcoming Asian session from the AUD can be found on the news calendars.
4467
NZD/JPY – the D1 trend is crossing to the upside, set buy alarm at 85.35, the trend is still down on the W1 time frame, so scale out lots and manage money on any buys.CHF/JPY – the D1 trend is crossing to the upside, set buy alarm at 113.45, overall potential is back to around 116.00. GBP/JPY – set resistance alarm at 173.00, very good upside past there. NZD/USD - D1 uptrend in place, set buy alarm at 0.7994, some resistance at 0.8125 but upside could be higher if the W1 trend crosses to the upside. EUR/USD – D1 uptrend in place, set buy alarm at 1.2840, next resistance area is around 1.2970. EUR/AUD – strong uptrend forming, set buy alarm at 1.4650, excellent upside potential past there. EUR/CAD - set resistance alarm at 1.4475, next resistance area is at 1.4675.
4466
Today in the main session we only saw some minor downward moves on the JPY pairs (JPY strength). These moves were small movements on the smaller time frames only. We did not see any good movements or breakouts with trend support on the larger time frames. The rest of the market was mixed. Some pairs are getting closer to breaking up or down on the D1 time frames and we will be checking these for the next set of trading plans. News drivers for the upcoming Asian session from the AUD can be found on the news calendars. |