Hi Traders!
This is my watchlist for next week. All Euro pairs keep going down following the Euro decline against the USD. The USD strengthening against almost all currencies and NZD gets to an oversold point. Here are my charts:
EURCAD
EURCAD is holding below 20 MA for now. Looking for a continuation to the downside- but also keeping an eye on EURUSD that is currently oversold.
EURJPY
EURJPY is very weak, waiting for bearish flag break for shorts.
EURAUD
EURAUD has similar stracture to EURJPY, waiting for bear flag break.
GBPUSD
GBP is pulling back to the 50 DMA, still bullish. waiting for a reaction here to the upside.
NZDUSD
NZD is over sold, looking for a bounce here.
USDCAD
Came up strong, looking for a bullish setup ( a flag?).
Remmember money management!! Enjoy trading.
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