USD getting stronger, we hear continuos talks regarding the ISIS problem in Iraq and the possibility of an Amrican intervention there. Add the fact that S&P 500 decreased this week and you get the potential for a very volatile week.
Here are my charts for next week:
AUDUSD
After breaking the triangle set-up, we pulled back to DMA only to continue to the downside. Looking for more shorts.
EURUSD
Still in a downtrend, looking to short from one of the DMA's.
GBPUSD
Getting oversold, looking to buy on 200 DMA.
NZDUSD
Very week, holding below DMA, looking for a bear flag break down then short.
USDCAD
Very strong, holding above resistance- looking for longs.
Remmember to always trade with good money managment and undestanding!
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