Comdoll Trading Kit (Mar. 20-24, 2017): Forex Market Preview

Even though the U.S. central bank hiked rates last week, the comdoll gang seems to be putting up a strong fight against the Greenback so far. Here are the setups and potential inflection points I’m looking at.

Significant Forex Levels to Watch

AUD/USD

USD/CAD

NZD/USD

Week Open (WO) 0.7683 1.3340 0.7010
Previous Week High (PWH) 0.7719 1.3495 0.7049
Previous Week Low (PWL) 0.7533 1.3275 0.6984
Top Weekly ATR (tWATR) 0.7758 1.3453 0.7089
Bottom Weekly ATR (bWATR) 0.7609 1.3227 0.6932
Other significant levels 0.7500, 0.7750 1.3300, 1.3525 0.7100, 0.6900

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 ChartAUD/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: 4-hour

NZD/USD 1-hour Forex Chart

NZD/USD 4-hour 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

See also: Q4 2016 Trading Performance Review