Sunday, March 31, 2013
Will USD/CAD continue down?
USD/CAD looks like it will go down and test 20-period EMA (Weekly chart) at 1.0085 over the next few weeks. In addition, this is around the 38.2 % retracement of the run up from 0.9632 to 1.0341. See earlier post about the USD/CAD short trade. See previous USD/CAD post.
Friday, March 22, 2013
Bullish Butterfly pattern on GBP/USD
Bullish Butterfly pattern on GBP/USD - Weekly chart (not quite textbook, but good enough). Also, a nice Bullish Engulfing candlestick. Happy Trading!
Monday, March 18, 2013
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