Comdoll Trading Kit (July 20-24, 2015): Forex Market Preview

We’re seeing plenty of sustained forex moves among the comdolls these days so make sure you pay attention to these upcoming events and potential inflection points!

Significant Forex Levels to Watch Out For

AUD/USD

USD/CAD

NZD/USD

Week Open (WO) 0.7377 1.2974 0.6520
Previous Week High (PWH) 0.7489 1.3008 0.6753
Previous Week Low (PWL) 0.7350 1.2678 0.6499
Top Weekly ATR (tWATR) 0.7469 1.3096 0.6613
Bottom Weekly ATR (bWATR) 0.7286 1.2853 0.6427
Other significant levels 0.7500, 0.7300 1.3000, 1.2800 0.6700, 0.6500

In case you’re wondering what ATRs are all about and how I computed those figures, make sure you check out my entry explaining my trading strategies.

Since the comdoll trends are looking really strong and there have been hardly any retracements, I’ve zoomed out to the weekly time frames to check out the next potential support and resistance levels. Here are the long-term comdoll charts I’m looking at:

AUD/USD: Weekly

AUD/USD Weekly Chart

USD/CAD: Weekly

USD/CAD Weekly Chart

USD/CAD Weekly Chart

NZD/USD: Weekly

NZD/USD Weekly Chart

NZD/USD Weekly Chart

And if you’re planning on trading the news for the comdolls, better mark these events on your economic calendars as well:

Forex Comdoll Calendar

Forex Comdoll Calendar

Got any comdoll trade ideas you’d like to share? Post ’em right here!

Cheers,

Happy time

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