AUDCAD and GBPCAD long are doing ok, not a huge amount of movement so I’m up only 23 pips GBPCAD and 13 pips AUDCAD so far today but that is to be expected, the Canadian dollar continues its weakening and cable and the ozzie are getting stronger, but it’s slow, probably because of NFP tomorrow.
EURJPY is an interesting short, it’s broken the daily 200 ma and bounced back up to it but looks like it is bouncing down away from it again, confirmation provided by an evening star. So I’m looking for a nice bearish rally very shortly as the EUR has been dropping in strength for nearly 48 hours.
Here’s the EURJPY short chart.
Followed by the AUDCAD which is still rolling along although GBP doesn’t seem as keen as AUD to break up.
Finally here’s the GBPCAD chart.
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