Look at USDCAD If Dollar Is Strong
In this Daily Trade Watch report, we look for high probability trade setups that we can trade throughout the day. Today, we advise you to look at USDCAD if dollar is strong. We have identified one of the few decent trading opportunities out there unless you wish to trade the momentum high in the Indices…
Structural Failure to the Downside in USDJPY
In this Daily Trade Watch report, we look for high probability trade setups that we can trade throughout the day. Today, we observe a structural failure to the downside in USDJPY. Firstly, we will dive into some of the fundamental events surrounding the USD, that event being the FOMC last night. It was a very…
The Calm Before the Storm
In this Daily Trade Watch report, we look for high probability trade setups that we can trade throughout the day. Today, we discuss the calm before the storm regarding the FOMC and Brexit. The reality is that the current markets may be slightly more subdued than normal. The reason for this is likely to be…
Oil and US500 Both Squeezing Higher
In this Daily Trade Watch report, we look for high probability trade setups that we can trade throughout the day. Today, we observe Oil and US500 both squeezing higher. Let’s begin with a market which is slowly grinding higher, that being the USOIL market. We must note that we have had a monthly OPEC and…
Dollar Strength Against the CAD and AUD
In this Daily Trade Watch report, we look for high probability trade setups that we can trade throughout the day. Today, we focus on dollar strength against the CAD and AUD. The first opportunity is in the AUSUSD. This market has been in a downtrend since Jan 2018 and we are seeing the potential for…