Current CAD Trading Plans

FEW

Master Trader
Jul 26, 2009
224
0
82
www.forexearlywarning.com
The CAD looks weak and could possibly stay that way for the rest of the week.

EUR/CAD – D1 trend is oscillating and we look for new uptrend to form over the next two days, good upside potential

GBP/CAD – D1 trend is also oscillating on this pair and we are looking for an uptrend to form, set buy alarm at 1.5670 which is the first level of resistance. It is not trending yet but it is on watch with the other CAD pairs, good upside potential.

AUD/CAD – D1 trend is oscillating and once again we are looking for the uptrend to form, set buy alarm at 1.0220, upside target is 1.0480.

USD/CAD –is also forming a strong uptrend but is very choppy.

CAD/JPY – strong downtrend is forming and this pair is running out of support, it was spiking though support in the Asian session


When the price alarms hit verify any buys or sell entries with The Forex Heatmap ™ and look for CAD weakness or cross currency strength or both.


Good Trading
Mark Mc Donnell
www.forexearlywarning.com
Spot Forex Trading Plans Across 28 Currency Pairs
$19.95 per month
 

Attachments

Last edited: