CADJPY Heads To Demand Whilst The Euro Rallies

One of the biggest moves in the markets last week was a fall of the CADJPY which has brought it in to play once again. We’re looking at this one along with a few others this week.

AUDCAD  – Long

Price has rallied even further from the demand we have marked so the level looks even better now. It may be a while before price comes back to the level though as it’s been rallying strong and there’s no supply above for a while. Time will tell.

2015-12-13 AC Long D1

AUDUSD – Long

We’ve got demand on the daily on AU and whilst there’s been a level test we could still have more potential from the level so we’ll watch and see.

2015-12-13 AU Long D1

CADJPY – Long

Price has been speeding towards recently after breaking of a long standing range. It’s headed for demand so I’ll be watching for potential trades.

2015-12-13 CJ Long D1 v01

2015-12-13 CJ Long D1 v02

EURUSD – Short

EU is on the up and whilst there have been long opportunities, the next potential major turning point is at the supply level below:

2015-12-13 EU Short D1

Video

Detailed Analysis

Premium members can login to the forum for the detailed analysis which looks at the lower time frame levels we are watching to confirm entries, and the other setups we have for this coming week. This weeks detailed video analysis is here. If you do not have access to the premium content then you can find out how to sign up here.

Leave a Comment





Want to improve your trading? | Download your free Traders Checklist

x

Learn To Read The Market

Your guide to consistent trading profits:
  • Identify high quality setups
  • Learn to read price action
  • Trade with confidence
x