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Even though there are no major reports lined up from the comdoll economies this week, these short-term forex setups and potential inflection points are still worth watching!

Significant Forex Levels to Watch




Week Open (WO) 0.7149 1.3766 0.6642
Previous Week High (PWH) 0.7187 1.3912 0.6676
Previous Week Low (PWL) 0.7070 1.3654 0.6545
Top Weekly ATR (tWATR) 0.7236 1.3903 0.6728
Bottom Weekly ATR (bWATR) 0.7062 1.3630 0.6556
Other significant levels 0.7200, 0.7100 1.3800, 1.3600 0.6600, 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. Here are some of the comdoll forex setups I’m looking at this week:

AUD/USD: 1-hour

AUD/USD 1-hour Chart
AUD/USD 1-hour Chart

USD/CAD: 1-hour

USD/CAD 1-hour Chart
USD/CAD 1-hour Chart

NZD/USD: 1-hour

NZD/USD 1-hour Chart
NZD/USD 1-hour 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

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!


Happy time

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This content is strictly for informational purposes only and does not constitute as investment advice. Trading any financial market involves risk. Please read our Risk Disclosure to make sure you understand the risks involved.