DislikedIts same sunny here, had a nice beach trip to Gold Coast today you know how much I love beaches I really need to buy a water-front house.
For Loonie the best I can suggest is to have a look at the Chikou-Span on Weekly TF, it really has to decide for its future moves and if it wants to continue moving in the same direction CS must break those candles ...
NFP brought the mixed results yesterday, hence market could not move on either side. BTW, not every NFP is supposed to shake the market. If you notice the last NFP that really moved...Ignored
i actually missed most of the moves last week as i was a little busy and i made profits and lost some.
what do you suggest that i look at for now?
looks like most of the pairs are oversold and overbought and i am planning to wait for a retracement but i don't know how to spot them and how far could it go and i don't know how strong USD will be and how far will it stay this strong despite all those fall on unemployment rate and NFP. i am confused. sigh.
but for now, i am buying on USD as i see that it is stronger at the moment except against JPY.