22 Feb USDCAD Trade Update

USDCAD long is still looking good.

Updated chart with trade management levels below. Another long entry area is shown, should you have missed yesterday’s long entry.

Red line = stop, green line = trade entry, orange lines indicate target areas.



21 Feb to 24 Feb Watch List

EURCAD Daily chart

EURCAD is at a good support area, as indicated by the blue rectangle. We are now keeping an eye on price action to see whether it sets up for a long trade.


GBPUSD Daily chart

GBPUSD has been quite choppy at this support area. Resistance is close above.

We are in wait and see mode on this pair.



AUDNZD Daily Chart

This pair is now approaching resistance  – we will wait and see what price action develops once the resistance area is pierced.



EURGBP Daily Chart

This pair is right on support. We are now waiting on further price action to show us the way.


21 Feb 2017 USDCAD Review

USDCAD is currently at a support zone, as indicated by the blue rectangle. Price action in the circle indicates that USDCAD is now ready to move upwards.

Long positions can now be taken. Trade Management updates will follow.