Update

Cad move to 10271 so far, moving stop up under 10230, still headed to 103 which is crucial area for next 3-5 figure move, but I have to step away so locking in profit in case a throw back to 10170-102 happens, eur intraday support for potential bounce is 13308-23 so watch price action in…

Wed

Cad longs added off the 10150 support now to breakeven.  eur/chf  did exactly 20 pips below the 14250 in asia then bounce back towards 143, would move longs to breakeven 4250 and under. targeting 4365. cad target still 103 handle once 10240ish taken out.   just to be clear the levels I post are just daily…

update

look to move the eur/chf to breakeven when over 14281 but still use the 14250 as guide on a close, the cad has moved onto the 10150 support so key for it to build support if next leg higher, I still have a bit left from 10070 at breakeven that I didnt clear at 10180…

Weekly Forex Outlook

This week we have the Health care bill to contend with. The bottom line is like it or not we at least have some finality to this story and the markets can begin to focus on other things. We also have the PIGIS issue still very much in the news. Here too either way it…

Tuesday

Cad support above 10150, as long as holds look for move to 10240’s and a break there to see the 103 handle. eur visited the support area again, and yesterday did get bounce towards the 13570 area, if lower into 13450-70 first will look to buy a hold  looking for 50-80 pips, stop under 13430. …

Monday

If you entered the cad long again friday, the move back to 10180 and the break of it moved it towards 10230 as mentioned before. now expect to see 103 handle as long as it finds support and holds above 10150. eur has daily support 13450-80, already visited there today so may miss best entry…

Friday Trade

Most of cad cleared at 10180 target for 110 pips, still holding small portion at breakeven, have data this morning, supports to watch are again 10071 and 10037-40, if reached will look to add back on a hold, if not look for a grind back towards 10180, data can accelerate so be mindful its friday,…