Thankyou brother
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What happened with USDCAD?
Canadian Dollar (CAD) Spikes as Bank of Canada (BoC) Tapers QE
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Yesterday the market zigged today it zags, NZD and Gold are rising together if that means anything
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It was just bait for the whales 
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So was today a zig or a zag, I have lost track , in any case, I am sitting on the sideline until this market makes up its mind
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A lot of contradiction in this table, swiss and US opposite ends, EUR and GBP on opposite ends but the commdolls are together in the middle.
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Exactly. Currently, a market not to be trusted…
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Three unusual things stand out for me in long-term forex analysis right now.
Firstly, I’m getting different results from Dennis’s methods when I look at 50EMA slopes. The point s not which is right and which is wrong - normally the two approaches agree. So what I’m saying is the divergence is significant and a signal for caution.
Secondly, most pairs are moving counter their long-term trends. This has been the pattern for several weeks.
Thirdly, I see sibling currencies moving in opposite directions. So CAD is extremely bullish, scoring 7-0, while USD scores 0-7. AUD is down at 3-4, while NZD is 6-1. CHF is 2-5, while EUR is 5-2.
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Correction, misread my own spreadsheet - the forex charts showing with-trend price movement over the prior 2 weeks was 41% and 39% respectively, the week just finished it was again 41%.
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CHF held on to #1 all week but it is not making us any money as CHFUSD and CHFGBP are barely in the green and CHFCAD is still negative
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Strong day across the board for Yen pairs , but looking at AUDJPY, we have seen strong days before but where is the follow-through
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Finally, some follow-through today, EURJPY is breaking out
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Same story, Top Trade USDCHF is still moving sideways
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What do you mean zig zag?
one day up, next day down,
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possible bearish Head and Shoulder top in AUDUSD, Key level in 0.76, we break that then lookout below
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Strong week for the CAD, so is CADJPY a new Top Trade or a continuation of the March entry, I will leave that up to you but I will use the March entry for my tracking
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all green in early Monday trading, but these early moves never seem to hold, lets revisit this list in 12 hours and see how many are still green
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