Wednesday, April 16, 2014

+CAD Weekly Analysis

In favorable trade for CAD I've seen this week, done intraday with NZDCAD since Monday with +60 pips. Also made several scalping entries with USDCAD since Monday too.

Current running trades on USDCAD short, and EURCAD short still no good for taking, will hold together with GBPCAD pending entries. Also running long trades on CADJPY and CADCHF.

Here's the weekly ACD bias.


NZDCAD H4, weekly ACD bias is bearish, sync with USDCAD  so far. Closed initial entry with +60 pips since Monday.

EURCAD H4, weekly bias is bearish, the lagging thread in the CAD basket, and possible the biggest distribution this week, currently NZDCAD is the leading and also the biggest distribution for the week.

CADJPY H4, weekly ACD bias is bullish, still waiting for the major CAD news for volatility, but made pending entries since Tuesday, one triggered  at 92.56

CADCHF H4, weekly ACD bias is bullish, made pending entries yesterday and one got hit at 0.7995

#forex, #pinoyfx






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