I am looking for a medium - term sell in UCAD around 1.3370-1.3400, SL >1.3450 TP 1.3150-1.3170
EU daily chart now has the H & S parttern, I am watching closely this pair and looking for a short when I get a good signal. Righ now we should wait and see what happen next in the next week.
USD has strong and maybe keep continue in the long term with the rate in hight and keep increasing, JPY is in the opposite. The pressure from the carry trade is very huge so I would like to Long the UJ whenever get an opportunity. In the weekyly chart, we could see the price had a good action everytime hit the MA, so it's a strong support right now, and we could...
I see UJ as an attractive pair in this moment, the USD has a strong and hight interest rate right now and JPY in the opposite. So the pressure from the carry trade could push this pair so far from now. In the weekly chart we could see the price has a good action when hit the MA, it become a strong support right now so my strategy is very simple right now: Buy on...