Beating Alpha

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Morning session on all strategies

Great day to everyone. Today we have shortage of fundamentals so no massive moves in FX. Only CAD Gov Council Member Jenkins is planning to speak. Otherwise it is gonna be just pure sentiment or unexpected news. EURUSD on VFI now tradingĀ  20pips away from CRITICAL resistance. No clear directions from EURUSD. On TrendTrace I have three trades opportunities. EURUSD, USDCHF and NZDUSD all approached H1 200MA. Since EURUSD and USDCHF are almost mirroring currencies with high correlation I am gonna choose just one of the pairs. T3 is still in the same mode. What I am really hot on is hard resistance from AUDCAD so maybe this evening will provide some movement. USDCHF, EURJPY, USDPY still on my watch list. Have a great trading!

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