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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 3119
Posted: Feb 22, 2010 5:00
Comments: 3119
Forum Topic:
Commodity FX (CAD AUD NZD NOK)
Discuss Commodity FX (CAD AUD NZD NOK)
Added new sell in GBPAUD at 1.7635, I can pretty much see it bottoming out right around 1.7385 ATM, but hoping to get at least 1.7225 out of it.
Expecting EURCAD to hit 137 today which was has been my target since last month.
CADCHF coming from a high of 1.0030 is likely to dip further today but again is favoured as a buy on dips. Targets 1.0160, 1.0270, 1.0325. While CADJPY is likely to reverse today while staying in a up channel. Targets in mind 83.30, 83.85, 84.45 in a attempt the pair is to stay in a continuation trend.
$USDCAD looks like will test 1.0590s before retreating later on ahead of tmrrows BoC decision $$
Ashraf