These are a few of the currency pairs that I think will have clear swings:
NZDCAD – This one is a non brainer, it’s trending up. I’ll be looking for long opportunities. My next LT resistance level is at 0.8366.
EURAUD – As long as it trade below the ST resistance level of 1.2451 I’ll be looking for short opportunities.
GBPCAD – Same as the EURAUD, its trading in a very clear bearish condition, and as long as it trades below the ST resistance level of 1.5780 I’ll be monitoring it to see if I get my opportunity to short it.
GBPUSD – This week I looked for long opportunities here but now its in a different condition, it’s trading near an important LT level, and it won’t stay there for long, so I’ll be ready to look for trade opportunities in the direction of the eventual breakout.
I have other currency pairs that are about to be tradable, but I’ll rather wait for next week to get my confirmation.
What currency pairs will you be trading next week? Let us know.
Enjoy your weekend