Commodity FX (CAD AUD NZD NOK)

@daveo closed out all audusd shorts for nice profits only holdn 1block will wait to see if we hit 9800 ,now moving some into usdcad positions@9895-9910 levels but only been scalping 20-30pip moves but starting to think cad will weaken off soon for a run up over parity so only flipping half my positions an allowing other half to rise up..so far 2011 has started off nicely kinda closed out my audusd short early but after it going against me soo badly im happy with my decisions:) gl ttys:)

AUD/SGD managed to get supported for now at 100 Daily MA also coinciding with 23.6% fib 2010 low / 2011 high. I am guessing a breath could target around 1.25 coinciding with 38.2% fib or 200 Daily MA and Weekly 50 MA. Looking like an interesting set-up. I may not look for a short, rather go LONG around 1.25 levels risking further drop to around 1.22 level. Keen to get other's views also.

cad will move according to oil so lets expect a last strenghning of cad if oil breaks the 90 and heads to last 93/94. then gunjack and asad target of 80 78/79 is still valid confirmend by the corrective 3-3-5 pattern.
fundamentally one has to bear in mind that technical evaluation applied to financial viability and feasibility of oil infrastructures and EPC are pricing a barrel of oil between 38 nad 55 dollars. a long term chart of wti or brent shows that line of benchmarking price. we will expect a dip in oil prices within the next 5-10 years arund the 37 level.

what r ur guys exit point for this position? or tp open?

For USDCAD traders, I usually check out commentary by Shane Osborne, FX strategist at TD Securities.. https://www.tdsresearch.com/currency-rates/research.home.action

He says corporates doing USD buying around 0.99. Probably speculators are active selling USDCAD, but i have a feeling they will get squeezed after the Canadian housing starts number at 13:15 gmt.
I'm buying USDCAD at 0.9925.