Comdoll Trading Kit (July 4-8, 2016): Forex Market Preview

We’ve got a bunch of top-tier reports due from Australia and Canada this week so I’m keeping close tabs on these setups and potential inflection points. Take a look!

Significant Forex Levels to Watch

AUD/USD

USD/CAD

NZD/USD

Week Open (WO) 0.7449 1.2917 0.7164
Previous Week High (PWH) 0.7504 1.3120 0.7199
Previous Week Low (PWL) 0.7325 1.2865 0.6981
Top Weekly ATR (tWATR) 0.7546 1.3061 0.7258
Bottom Weekly ATR (bWATR) 0.7353 1.2774 0.7070
Other significant levels 0.7500, 0.7400 1.3100, 1.3000 0.7100, 0.7000

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. Here are some of the comdoll forex setups I’m looking at this week:

AUD/USD: Daily

AUD/USD Daily Forex Chart

AUD/USD Daily Forex Chart

USD/CAD: 4-hour

USD/CAD 4-hour Forex Chart

USD/CAD 4-hour Forex Chart

NZD/USD: Daily

NZD/USD Daily Forex Chart

NZD/USD Daily Forex Chart

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

Don’t forget to check out our risk disclosure when taking any of these setups. Got any comdoll trade ideas you’d like to share? Post ’em right here!

Cheers,

Happy time

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