Trading plan for January 11
Friday will bring important economic data for the British pound the US dollar.
Tag - usd
USD/MXN remains under pressure
USD/MXN is testing levels below 50-week MA and is vulnerable for a slide to the 100-week MA.
Trading plan for January 10
As a result, risky assets still have chances to appreciate.
USD/JPY may test lower levels
The pair slid back below the Fibonacci level. Moving averages on H4 are in the negative order.
USD/SGD turned down
The pair closed below 50-month MA in December and below 100-week MA (1.3600) last week.
Trading plan for January 9
Check how to trade USD/CAD and CAD/JPY on January 9.
USD/CAD keeps falling
USD/CAD has turned sharply down at the start of January and has been declining since then.
Trading plan for January 8
Canadian trade balance data is scheduled for today!
USD/BRL is breaking down
The picture on W1 looks very much like the “Head and Shoulders” with the neckline at 3.68 or 3.56.
What do the monthly charts say?
Sometimes it’s worth analyzing big timeframes in order to get important trading hints…
Trading plan for January 4
Forex market started 2019 with extremely high volatility…
Weekly Forex Outlook: December 31-January 4
What opportunities the week will give us?
