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Trading on Monday – 2018.03.26.

 

Let’s see the the news first. Monday will be weak in news, but don’t worry. We closed Friday with an up and down movement, what means that probably the trades will start to go the stronger direction. That means, that many trading signals will probably will be confirmed in the first half of the day.

You can see that there will be no any extra economy data publishing during the Asian session.

The EU session will be a little better with the French GDP (I bet for weaker EUR) and a British number, the Gross Mortgage Approvals ( also negative movement). Mr. Weidmann’s speech will probably not move the EUR to other direction, but we’ll see. As you know I don’t suggest to trade before news, mostly before speeces, because the “Speeker” can something terrible or real good. You can’t predict it…

During the US session, there will be 2 speeches. Not long ago, a Dudley speech gave a big push to the USD. So we have to be carefull with this guy 😀


Let’s see the pairs.

The CAD will probably become stronger, so many of the CAD pairs will show good trading signals. The bests can be GBPCAD, CADCHF and EURCAD. We also have to check USDCAD (but USD will probably go up, so it will be not a good pair of the CAD).

My other currency for monday is AUD. It fall a lot on Friday, and we’ll probably see a positive movement soon. So if it will happen, AUDJPY, AUDNZD and AUDUSD will all go up. The movement will be mid term (50-200 pips).

So, come back some hours after the market opening and check the new trades.


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