This week is a very busy one. We have both the end of the month and quarter on Wednesday, and then we end the week with NFP. I am looking for many of the moves we saw last week to continue into at least the early part of this one. The overall direction of the Dollar remains fractured. I will be giving a special webinar tomorrow so do not miss it… http://forextradersdaily.com/InnerCircle/rb.html
EUR/USD:
I continue to be a buyer of weakness in this pair this week. We did see this pair gap significantly on Sunday as I discussed in the inner circle webinar on Friday. I hope you all heeded the warning.
GBP/USD:
This pair is also still a buy on breaks. We could see 1.50 hold as resistance early this week.
USD/CHF:
I remain comfortable selling this pair on major rallies.
USD/JPY:
Last week I mentioned this pair was a buy below 90 but I must admit it did move even further than I expected. That being said I continue to want to buy dips in this pair as well.
USD/CAD:
Near term I see this pair stuck in it range between roughly 1.03 and 1.01.
AUD/USD:
This pair remains riskier than the others but I am a buyer of major breaks.
I continue to be a buyer of weakness in this pair this week. We did see this pair gap significantly on Sunday as I discussed in the inner circle webinar on Friday. I hope you all heeded the warning.
This pair is also still a buy on breaks. We could see 1.50 hold as resistance early this week.
I remain comfortable selling this pair on major rallies.
Last week I mentioned this pair was a buy below 90 but I must admit it did move even further than I expected. That being said I continue to want to buy dips in this pair as well.
Near term I see this pair stuck in it range between roughly 1.03 and 1.01.
This pair remains riskier than the others but I am a buyer of major breaks.
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