haylettc

haylettc

USDCAD appears to be respecting the trendline and 61.8 Fibonacci point here. It's worth a buy with a stop loss below the trendline. I recommend placing two buys, with TP1 at 1.34900 and TP2 to be determined.

haylettc

I agree with Kathy Lien's analysis in this article. There is a strong opportunity for an AUDUSD short here, especially with the potential for a slight USD recovery this week and next due to rate hike expectations. www.investing.com However, this will ultimately set us up for a swing buy, hopefully around 0.73000.

haylettc

There are a ton of people buying AUDNZD right now. I'm not convinced it's time for the reversal juuust yet. I have a small buy limit sitting at 1.03900. That's the Fibonacci extension point from the original drop, a trendline point on the weekly chart, and a strong supply zone.

haylettc

USDJPY closed over the trendline here on the 4hr for the first time this week. This is worth a tight buy.

haylettc

Exclusive trade made for the FXE Chart Markup webinar that I lead. If you're interested in live trading webinars with me, let me know. We catch some pretty great trades! This one literally went into profit in 2 minutes.

haylettc

This is a prime opportunity to try a buy for USDJPY. I myself already have swing buys in, but now that it's broken this descending trendline and is retesting it, I would look to potentially buy here. I myself am still targeting 115.300 or the day of the rate hike decision. Whichever comes first. But TP whenever you're comfortable.

haylettc

While it may drop and/or consolidate some early on, I'm expecting USDJPY to end the week up.

haylettc

Still expecting this to continue up over the next two weeks.

haylettc

Expecting some significant bearish movement over the next two weeks.

haylettc

Expecting a slight retrace up and then drop till US rate hike, followed by a swing move up.

haylettc

Expecting it to close the week lower.

haylettc

I'll be scaling in buys in the 1.24000s for USDCAD.

haylettc

I'll be scaling in swing buys at 110.600 and 109.400.

haylettc

Pullback, then trend continuation

haylettc

Mixed Direction

haylettc

It's looking like we just may get our retest of the 112.600 demand zone! We have three major factors converging at that point: 1. Retest of the broken channel on the daily. 2. 78.6 Fibonacci line. 3. 112.600 is historically a fairly strong demand zone.

haylettc

This is tied directly to two factors: 1. The likely continuation in bearish momentum for oil. 2. The likelihood of USD bull pushes in anticipation of a June rate hike. Also, until the Canadian economy can correct their housing market, their economy will have an extremely tough time gaining traction. In the face of declining oil prices, I'm long term bearish on...

haylettc

US Oil is pushing for a slight bullish correction. However, underlying market fundamentals are unlikely to change any time soon, with supply consistently rising and demand remaining steady, or even dropping. Because of this, I still believe the ultimate direction is down for now. This analysis is inherently linked to my USDCAD expectations as well.