ForexSurvivor
Always in the market signalling 40 different currencies with spread less than 35pips, 10 Equities, Crude Oil, & Gold.
(27 Jan Europe) Latest Impact: Crude Oil vs. USDCAD
As crude oil tested the $30/bl (support which was resistance for few years), USDCAD outflow within a lofty volatile environment did reach a peak last week. Now, as crude oil is hinting a move towards $50/bl and above, USDCAD progress towards 120 and 118 becomes a no rule out & afterwards a new uptrend becomes inevitable towards 145. In the coming days, the anticipation should be to look for a reversal day to buy the dollar. Allow another test @ $30/bl crude oil where a test would prove then un-infallible before rallying back.
USDJPY @100 seems in place while price is reading now 90; Stop below last week low.
Weekly Signal Résumé
GBPJPY closed breakeve (although 220pips have been made) as the rally did not last
15pips GBPUSD Mission Accomplished; Reminder: Short 15000 (Revise ForexSurvivor Weekly Weekend Newsletter 09 Jan 2009).
2 Positions GBPAUD closed this week (05-09 Jan) with 15pips each. No open position left.
Risk Certification
The Potential Flows of Trading Information constitute my (Anthony Samaha) judgment and are not trading recommendations. ****
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