Daily Technical Analysis by Capital Street FX

NZD/JPY signal by Capital Street FX

From GMT 20:30 20/12/2016
Till GMT 21:00 21/12/2016

Buy at 81.600
Take profit at 82.000
Stop loss at 81.400

Daily Report on December 21, 2016

European shares retreated on Wednesday after attempted the highest level since late December last year. The Stoxx Europe 600 index shed 0.1% in the morning session, dragged down by 0.5% decline in a gauge of European bank shares. Losses of banking stocks came in after a slew of banks from Spain, Italy and Switzerland were reported to be struggling with fines, court’s ruling and loan loss provisions.

According to a ruling by the EU Court of Justice in Luxembourg Wednesday, Spanish banks, including Banco Popular Espanol SA and Banco Bilbao Vizcaya Argentaria SA, may have to give back billions of euros to mortgage customers who paid too much interest on home loans pre-dating a May 2013. Meanwhile, Italian banks have been struggled in raising at least 52 billion euros ($54 billion) to clean up their balance sheets. Banca Monte dei Paschi di Siena, which has to add 5 billion euros of provisions, may run out of liquidity in four months, sooner than a previous estimate of 11 months, Reuter reported.

Dollar lost ground versus the euro and the Japanese Yen on Wednesday. Speaking in a conference following the Bank of Japan’s Monetary Policy Statement, Governor Haruhiko Kuroda wiped out the possibility that the central bank may soon consider raising interest rates. Kuroda also pledged to keep policy loose to achieve the BOJ's 2 percent inflation goal and stated that recent depreciation of the Yen would help accelerate inflation by boosting import costs and thus raise inflation expectations.

Crude prices were little changed even after data showed U.S. stockpiles declined last week. The American Petroleum Institute on late Tuesday reported that crude inventories in the U.S. dropped by 4.15 million barrels in the week to December 16th. Official data from the Energy Information Administration due to release later today is also anticipated to show a supply retreat.

Technicals
USDJPY

Fig: USDJPY H4 Technical Chart
USDJPY price action is on track to form a double-top pattern after the pair rebounded from the resistance at 118.300. The price has crossed over the short-term MA20 and is heading towards the neck level at 116.700 where the pair is expected to face the long-term MA50 and bounce back.
Trade suggestion
Sell Stop at 117.400, Take profit at 116.700, Stop loss at 117.700

EURAUD

Fig: EURAUD H4 Technical Chart
Euro pulled back versus the Australian dollar following a slide that sent the pair to as low as 1.42819 – the level not seen since December 16th. The bullish momentum was spurred by the dynamic support which is the short-term MA20. As can be seen from the stochastic chart, the %K line is running ahead of the %D line, suggesting further up moves.
Trade suggestion
Buy Stop at 1.43500, Take profit at 1.44000, Stop loss at 1.43250

GOLD

Fig: GOLD H4 Technical Chart
Gold one more time ran out of bullish steam after the price action failed to break out of the 20-period moving average. The dynamic resistance has depressed gold price for a period of time and may send the precious metal lower to test the support at 1126.00.
Trade suggestion
Sell Stop at 1132.00, Take profit at 1126.00, Stop loss at 1137.00

Natural Gas

Fig: Natural Gas H4 Technical Chart
After hitting a three-week low at 3.260, natural gas price pulled back to attempt the resistance at 3.360. ADX is heading downwards, indicating no clear trend in the market. The upside also seems limited as the short-term MA20 is hanging above the price action, suppressing the bullish force.
Trade suggestion
Sell Limit at 3.360, Take profit at 2.260, Stop loss at 3.410

EUR/NZD signal by Capital Street FX

From GMT 09:00 21/12/2016
Till GMT 21:00 21/12/2016

Buy at 1.50600
Take profit at 1.51100
Stop loss at 1.50350

Expectation of A Massive U.S. Supply Draw Spurs Natural Gas Demand

U.S. natural gas futures soared strongly on Wednesday after having fallen to the lowest level in nearly a month yesterday. Natural gas for January delivery on the New York Mercantile Exchange surged more than 6% to around $3.500 per million British thermal units as investors are betting on expectations of a massive U.S. inventory draw.

Natural gas futures closed last week lower due to forecasts for less cold weather which tends to result in lighter heating demand through the end of the year. However, economists expect weekly supply data due on Thursday will show a draw in a range between 197 and 210 billion cubic feet in the week ended December 16. If confirmed, it would be the biggest weekly withdrawal since 2010 and far exceeding last week’s decline of 147 billion cubic feet.

Trade suggestion
Buy Stop at 3.500, Take profit at 3.580, Stop loss at 3.460

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Drop in Chinese Imports and LME Stock Increase Keep Copper Weak

Copper prices plunged to the lowest level in more than a month on Thursday, weighed down by trade data that showed Chinese metal imports dropped sharply in November and news that indicated a surge in stocks on the London Metal Exchange.

According to Chinese customs data showed on Wednesday, the country’s refined copper imports were recorded at 276,730 tons last month. November’s reading was down 22.86% in comparison with the same month a year earlier and marked the lowest since January.
Coupled with a declining demand from the world’s top copper importer, a 62% increase of copper inflows into the LME also dragged the metal’s prices down.

Trade suggestion
Sell Stop at 2.4700, Take profit at 2.4500, Stop loss at 2.4800

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EUR/CAD signal by Capital Street FX
From GMT 06:30 22/12/2016
Till GMT 21:00 22/12/2016
Buy at 1.40200
Take profit at 1.40900
Stop loss at 1.39900

Daily Report on December 22, 2016

Global shares stagnated with dwindling volumes on Thursday as investors started to book profit ahead of the Christmas holidays. U.S. stocks also experienced a slide on Wednesday and headed for opening lower. After the Dow Jones Industrial Average failed to reach the 20,000 threshold yesterday, European equities declined, led by bank and miner shares.

The Stoxx Europe 600 index dropped more than 0.2% with banking stocks throughout the region came under pressure. Stoxx Europe 600 Bank Index lost 0.24%, as sentiment was sapped by Italia’s Banca Monte dei Paschi di Siena which seems to fail to raise 5 billion euros ($5.22 billion) by the end of the year. According to market sources, the bank said late Wednesday that it had failed to secure an anchor investor for its private rescue deal.

U.S. crude price inched lower in European session after rebounding higher in Asian trading hours. The West Texas Intermediate crude oil resumed its downtrend, weighed down by concerns over rising output in the U.S. and Libya. As reported by the Energy Information Administration on Wednesday, U.S. crude stocks rose by 2.3 million barrels in the week ended Dec. 16, contrasting with market expectations calling for a decrease. In addition, Libya’s state-run National Oil Co. stated that its long-closed pipelines, which could supply 270,000 barrels a day of crude in the next three months, had reopened.

Elsewhere, New Zealand’s gross domestic product was reported to grow at a faster pace in the third quarter. The Statistics New Zealand said that the country’s GDP expanded 1.1% in three months to September, extending quarterly growth to the 24th consecutive quarter. On a yearly basis, GDP grew 3.5%, following a 3.4% annualized gain in the previous quarter.

Technicals
CADJPY

Fig: CADJPY H4 Technical Chart
CADJPY has been on a steady decline that brought the pair below the 87.500 level. The 20-period MA crossed the 50-period MA for the first time in nearly two months, suggesting a reversal into a downtrend. Not only has the pair been under downward pressure from two MAs hanging above the price action, it is likely to slide further as indicated by RSI and ADX indicator charts.
Trade suggestion
Sell Stop at 87.300, Take profit at 86.900, Stop loss at 87.500

USDZAR

Fig: USDZAR H4 Technical Chart
USDZAR has witnessed a sharp up move after the U.S. dollar eventually broke out of the resistance at 14.00000 milestone. As can be observed in the chart, while the price action has penetrated the short-term MA20 from below, the RSI index has moved past the central line, suggesting further advances.
Trade suggestion
Buy Stop at 14.05000, Take profit at 14.15000, Stop loss at 14.00000

BRENT

Fig: BRENT H4 Technical Chart
Brent crude collapsed following a consolidation above the 54.40 support. The commodity price finally broke below this handle and is heading downwards to another firm support at 53.00. Along with the RSI index that is declining, the downtrend is also confirmed by the convergence of two moving averages.
Trade suggestion
Sell Stop at 54.10, Take profit at 53.00, Stop loss at 54.60

SILVER

Fig: SILVER H4 Technical Chart
Silver extended its slide to the second-straight trading day after surging as high as 16.161. The grey metal fell below the short-term MA20 though and is struggling around the 15.800 support. As the RSI is pointing downwards and ADX is soaring, a strong bearish momentum is anticipated to help the metal break above the 15.800 level.
Trade suggestion
Sell Stop at 15.800, Take profit at 15.600, Stop loss at 15.900

Mixed U.S. Data Fails To Boost Shares As Holiday Is Coming

U.S. shares fell in light trading on Thursday as investors started to book their profit ahead of the Christmas holiday weekend. A slew of data in the U.S. which were mixed also sapped traders’ confidence in investing in risky assets.

U.S. economy was reported by the Commerce Department to grow at its fastest pace in two years last quarter. According to the report released earlier today, gross domestic product advanced at a 3.5 percent annual rate, which is faster than the previously reported 3.2 percent pace.

However, traders quickly shrugged off the upbeat GDP data as consumer spending, which accounts for more than two-thirds of U.S. economic activity, rose less than expected. For November, personal spending only grew 0.2 percent, below the estimated 0.3 percent gain. That contributed to holding back inflation last month. The core personal consumption expenditures (PCE) price index, excluding food and energy, was unchanged in November, falling short of expectation for a gain of 0.1%.

Out of 11 sectors of the SP500 index, only Energy, Telecommunication Services and Utilities were trading higher. Consumer Discretionary led losses, shedding 1.14%.

Trade suggestion
Sell Stop at 2256.00, Take profit at 2250.00, Stop loss at 2260.00

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Daily Report on December 23, 2016

Asian equities sagged on the last trading session before Christmas holiday weekend with markets in Tokyo closed for a holiday. The MSCI Asia-Pacific Index excluding Japan plunged by 0.5%, extending its loss to an eighth session, its longest series of losses since May. Both China’s currency and stock markets were in a negative territory as investors were concerned by rising borrowing costs in the world’s two biggest economies.

China’s CSI 300 Index lost 0.6 percent while Hong Kong’s Hang Seng Index dropped 0.5 percent. Australia’s S&P/ASX 200 Index was down 0.3 percent and Singapore’s Straits Times Index shed 0.4 percent. Many key Asian markets will be closed Monday to observe Christmas holiday. Markets in Japan, China and Korea will reopen on Tuesday while a few will also stay closed.

The dollar index plummeted by nearly 1 percent to 102.99, after a string of U.S. data failed to move the market. U.S. economy was reported by the Commerce Department to grow at its fastest pace in two years last quarter. According to the report released Thursday, GDP advanced at a 3.5 percent annual rate, which is faster than the previously reported 3.2 percent pace.

However, consumer spending, which accounts for more than two-thirds of U.S. economic activity, rose less than expected. For November, personal spending only grew 0.2 percent, below the estimated 0.3 percent gain. The core personal consumption expenditures (PCE) price index, excluding food and energy, was unchanged in November, falling short of expectation for a gain of 0.1%.

Elsewhere, China’s government may relax regulations for foreign elderly care firms to encourage overseas investors to establish non-profit pension funds in the country. In a statement by the State Council on Friday, approval processes for these funds will be loosened in an attempt to deal with the looming challenges of a rapidly aging population.

Technicals
EURCHF

Fig: EURCHF H4 Technical Chart
EURCHF has broken above a firm resistance at 1.07200 – an old support in the one-month period to mid-December. The price action has also crossed over the 20-period moving average from below, which suggests a strengthening bullish momentum. RSI has move past 50, confirming the uptrend.
Trade suggestion
Buy Stop at 1.07300, Take profit at 1.07550, Stop loss at 1.07200

AUDJPY

Fig: AUDJPY H4 Technical Chart
AUDJPY continued to slide further towards the 38.2% Fibonacci level after falling off the 84.700 support. The pair has moving in a thin range around this handle for a while but strong bearish force has helped the price to break lower. However, the downside seems limited not only because one of major Fib. level is within the sight but also because of the fact that the market has neared the oversold zone, as indicated by the RSI chart.
Trade suggestion
Sell Stop at 84.500, Take profit at 84.050, Stop loss at 84.700

Natural Gas

Fig: Natural Gas H4 Technical Chart
Natural gas ticked higher after plummeting to as low as 3.494. The commodity price is attempting the resistance at 3.580 – the level it failed to break above yesterday. The short-term MA20 has converged with the long-term MA50 from below, supporting the up move. Both RSI and ADX indexes are indicating further advances.
Trade suggestion
Buy Stop at 3.590, Take profit at 3.650, Stop loss at 3.560

EURO 50

Fig: EURO 50 Index H4 Technical Chart
Euro 50 index has fallen in a consolidation that causes the price to swing back and forth in a thin rang around 3275.00. However, buyers are supported by the short-term MA20 which may spur buying demand to help the benchmark reach the 3300.00 threshold.
Trade suggestion
Buy Stop at 3280.00, Take profit at 3300.00, Stop loss at 3270.00

Deutsche Bank Reaches A Relieved $7.2B Settlement In Mortgate Probe

Shares of Deutsche Bank rose 3.02% in pre-market trading on Friday after the bank’s Frankfurt headquarters early Friday announced a $7.2 billion settlement with the U.S. Department of Justice over its allegations of the mis-selling of mortgage-backed securities (MBS) in the run-up to the 2008 financial crisis.

Germany’s largest lender will have to pay a civil monetary penalty of $3.1 billion provide $4.1 billion in consumer relief as part of the agreement. The announcement of the fine has offered some relief to investors betting in the German lender, as the Justice Department in late September had claimed $14.0 billion for the settlement, which is nearly twice as much as the Friday’s deal.

According to the bank’s press release, it expects a pretax charge of about $1.17 billion in its fourth quarter stemming from the civil monetary penalty.

Trade suggestion
Buy Stop at 18.95, Take profit at 19.50, Stop loss at 18.70

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GBP/JPY signal by Capital Street FX

From GMT 06:20 23/12/2016
Till GMT 21:00 23/12/2016

Sell at 144.100
Take profit at 143,300
Stop loss at 144.500

Weak Canadian GDP Data Boosts USDCAD To Five-Week Peak

The U.S. dollar soared strongly to the level not seen since mid-November against its Canadian peer on Friday in the wake of unexpectedly fragile Canadian economic growth data, not to mention expectation for an aggressive rate-hike path next year.

The pair USDCAD reached over one-month high at 1.35563 after the release of Canadian gross domestic product that showed the country’s economic contracted by 0.3% in October, lower than expectations for a 0.1% expansion.

The decline in October was partly due to a sharp drop in manufacturing output which shrank 2.0%. The sector, which has marked the largest monthly decrease since December 2013, was affected by a lower volume of manufactured goods exports.

Meanwhile, the greenback’s bull run has been supported by Federal Reserve’s remarks that the central bank may raise interest rates three times in 2017.

Trade suggestion
Buy Stop at 1.35450, Take profit at 1.35700, Stop loss at 1.35300

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Daily Report on December 27, 2016

Japanese and Chinese markets draw investor attention on Tuesday as financial markets in Australia, New Zealand and Hong Kong remained shut for Christmas. Japan’s equities were bolstered by a weakened Yen. Tokyo’s Topix index advanced 0.2% while the Nikkei 225 Stock Average gained 2.2 percent. Meanwhile, the Yen snapped a four-day advance versus the U.S. dollar after data released earlier today showed the country’s core consumer prices came in worse-than-expected.

The Japanese Statistics Bureau on Tuesday reported that core consumer prices in Tokyo, a leading indicator of nationwide price movement, fell 0.6 percent in December from a year earlier. This is the fastest pace of decline in nearly four years, outlining the challenges policy-makers have been struggling to boost the nation’s inflation.

The national core consumer price index, which includes oil products but excludes volatile fresh food prices, shed 0.4 percent in November from a year earlier, marking the ninth straight month of annual declines. The headline figure suggests a weak momentum of the country’s prices to move toward the central bank's ambitious 2 percent target. However, economists expected a recent rebound in oil costs and yen declines will help to accelerate inflation next year.

Markets in the U.S. and most of Europe will resume trading after a holiday Monday.

Oil prices were little changed on Tuesday with markets waiting for the first output cut deal agreed between OPEC and non-OPEC members in 15 years is scheduled to kick in on January 1st, 2017. London Brent crude for February delivery was trading at $55.15 a barrel by 05:00 GMT while NYMEX crude for the same contract ticked down to trade at $53.12 a barrel. Oil markets were closed on Monday in observation of Christmas holiday.

Elsewhere, the Chinese National Bureau of Statistics on Tuesday announced profits at industrial firms accelerated in November. Industrial profits rose 14.5 percent last month from a year earlier to 774.6 billion yuan ($111 billion), with gains led by advances in coal and metal prices. The index soared 9.8 percent in the previous month. As a result, earnings in the first 11 months jumped 9.4 percent to 6.03 trillion yuan.

Technicals
USDCAD

Fig: USDCAD H4 Technical Chart
USDCAD is struggling near over-one-month high at 1.35563. The pair has retreated a little bit after soaring to the 1.35400 resistance but is likely to edge higher with support from two MAs moving below the price action. The U.S. dollar may reach the 50.0% Fibonacci level at 1.35740.
Trade suggestion
Buy Stop at 1.35400, Take profit at 1.35700, Stop loss at 1.35250

EURCHF

Fig: EURCHF H4 Technical Chart
EURCHF remained steady on an uptrend but at the same could not break out of the resistance at around 1.07400. The parabolic sar has changed its direction to move under the price action. Meanwhile, the short-term MA20 has crossed over the long-term MA50 from below, suggesting further advanced.
Trade suggestion
Buy Stop at 1.07400, Take profit at 1.07560, Stop loss at 1.07200

SILVER

Fig: SILVER H4 Technical Chart
Silver prices rebounded from the support at 15.680 and are struggling with the short-term MA 20 at around 15.872. The parabolic sar has turned below the price action, which suggests a reversal into an uptrend. As can be observed from the ADX chart, the +DI line has penetrated the –DI line from below while the ADX index is pointing downwards, indicating a strengthening bullish force.
Trade suggestion
Buy Stop at 15.900, Take profit at 16.150, Stop loss at 15.800

EURO50

Fig: EURO 50 Index H4 Technical Chart
The European stock benchmark has been stuck in a thin range for the last three days. The short-term 20-period moving average has kept the index from falling further but the price has not gather enough bullish momentum to break out of the side-way state and edge higher. The ADX index has fallen below 20, indicating no clear trend in market. In the event of an uptrend, Euro 50 index may reach the 3300.00 threshold.
Trade suggestion
Buy Stop at 3280.00, Take profit at 3300.00, Stop loss at 3270.00

Copper Pares Losses on Soaring Chinese Industrial Profits

Copper opened its first trading session following Christmas holiday with a gap down. The metal fell more than 1% compared to the last close in early Asian trading hours, extending losses on the London Metal Exchange in the previous session amid concerns about demand growth in China.

According to market sources on Friday, President Xi Jinping told a meeting of the Communist Party’s financial and economic leading group that China doesn’t need to meet the 6.5 percent economic growth objective if doing so creates too much risk. Adding to copper’s woes, Chinese government continues a crackdown on soaring house prices and pollution.

However, after falling in early hours in Shanghai, copper pared its losses after the Chinese National Bureau of Statistics on Tuesday announced profits at industrial firms accelerated in November. Industrial profits in China rose 14.5 percent last month from a year earlier to 774.6 billion Yuan ($111 billion), with gains led by advances in coal and metal prices.

LME market will keep closing on Tuesday for Christmas.

Trade suggestion
Buy Stop at 2.4768, Take profit at 2.5000, Stop loss at 2.4600

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Thin Volume in First Day of Post-Holiday Trade Sends Oil Near $54

U.S. crude oil futures jumped on Tuesday, prolonging its year-end rally amidst expectations of tighter market once the deal between OPEC and non-OPEC producers takes effect from Sunday.

Crude prices soared more than 1.7% to nearly $54 per barrel and are on track to attempt the year’s high of $54.51 high reached on December 12th. The strong surge came after remarks from the Energy Ministry of Venezuela stating that the country would cut 95,000 barrels-per-day of oil production since January 1st in fulfillment of a nearly 1.8 million bdp output-cut deal signed by the OPEC and non-OPEC oil producers.



Trade suggestion
Buy Stop at 53.90, Take profit at 54.50, Stop loss at 53.60

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EUR/GBP signal by Capital Street FX

From GMT 13:00 27/12/2016
Till GMT 21:00 27/12/2016

Buy at 0.85400
Take profit at 0.85800
Stop loss at 0.85200

Daily Report on December 28, 2016

Asian stocks echoed gains in U.S. equities overnight, rising in thin trading on Wednesday. Australian and New Zealand markets reopened after being closed Monday and Tuesday for the Christmas holiday with the former’s S&P/ASX 200 Index up 1% while the latter’s S&P/NZX 50 Index was little changed. Although Asian shares were mixed, the MSCI Asia Pacific Index advanced for the first time in seven days.

Yesterday, the S&P 500 Index extended its monthly advance, ticking 0.2 percent higher. Another U.S. equity benchmark, the Nasdaq Composite Index rose to its all-time high and the Dow Jones Industrial Average approached 20,000, supported by the release of upbeat U.S. economic data.

According to a monthly survey released by the Conference Board on Tuesday, consumer optimism about the U.S. economy increased to the highest level since August 2001. The Consumer Confidence Index jumped to 113.7 in December, comfortably beating analysts’ expectation calling for the headline figure to hit 109 for the month.

In a preliminary report on Wednesday, the Ministry of Economy, Trade and Industry stated that Japanese industrial production rose 1.5% in November, compared with the previous month. Despite the fact that the reading missed forecast a 1.8% increase, the preliminary data was a sharply surge after flat-lining in October. On a yearly basis, industrial production rose 4.6%.

In a separate report on Wednesday, METI said Japanese retail sales showed their first monthly gain since February. Thanks to export volumes that rebounded sharply, the reading recorded an increase of 1.7% in November, following a 0.2% drop the previous month.

Technicals
NZDUSD

Fig: NZDUSD H4 Technical Chart
NZDUSD has been on a rise since it broke out of a consolidation in the last two trading days. The price action is facing the long-term MA50 at 0.69212 after the price action penetrated the short-term MA20 at 0.68930. Both RSI and ADX is soaring, suggesting a strong upward support.
Trade suggestion
Buy Stop at 0.69300, Take profit at 0.69600, Stop loss at 0.69150

AUDNZD

Fig: AUDNZD H4 Technical Chart
AUDNZD has been under downward pressure created by the slopping downtrend line. The pair pulled back after hitting this resistance and has also breached the 1.04150 support. RSI rebounded from the central line, suggesting the return of the bearish force. The pair may slide further to test the next support at 1.03770.
Trade suggestion
Sell Stop at 1.04000, Take profit at 1.03770, Stop loss at 1.04160

BRENT

Fig: BRENT H4 Technical Chart
Brent crude reversed higher following a fall that sent the price back to 56.00 support. Recent candles have short or no lower shadows at all, which indicates a weak bearish force. With support from two MAs hanging below the price action, the commodity may tick higher to reach the 57.00 handle.
Trade suggestion
Buy Stop at 56.10, Take profit at 57.00, Stop loss at 55.70

SUGAR

Fig: Sugar H4 Technical Chart
Sugar pulled back after its bullish momentum was hit by two resistances at the same time. The first one is a dynamic resistance which is the 20-period moving average and the other is the 38.2% Fibonacci level. As can be seen from the Stochastic chart, the %K line has reversed lower and may cross over the %D line from above. The commodity price may fall lower to test 18.00 support.
Trade suggestion
Sell Stop at 18.40, Take profit at 18.00, Stop loss at 18.60

EUR/CHF signal by Capital Street FX

From GMT 06:00 28/12/2016
Till GMT 21:00 28/12/2016

Buy at 1.07600
Take profit at 1.07850
Stop loss at 1.07500

Strong Dollar Dispels Silver’s Bullish Strength in Early Trade

Silver pared all of its gains in early Asian trading hours to reverse lower in European session on Wednesday. The grey metal failed to surpass the 16.000 milestone as the dollar became stronger on the back of upbeat U.S. economic data.

According to a monthly survey released by the Conference Board on Tuesday, consumer optimism about the U.S. economy increased to the highest level since August 2001. The Consumer Confidence Index jumped to 113.7 in December, comfortably beating analysts’ expectation calling for the headline figure to hit 109 for the month.

The dollar index, which gauges the strength of the greenback versus a basket of six major currencies, rose 0.18% 103.23. A strengthening U.S. dollar tends to sap investor demand towards silver as the price of precious metal becomes more expensive for buyers holding using local currencies.

Trade suggestion
Sell Stop at 15.830, Take profit at 15.680, Stop loss at 15.900

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AUD/CAD signal by Capital Street FX

From GMT 18:30 28/12/2016
Till GMT 21:00 29/12/2016

Sell at 0.97300
Take profit at 0.96900
Stop loss at 0.97500