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Greenback strength seems to be the main theme these days, but let’s see if the comdolls can put up a fight. Here are the upcoming events and potential inflection points to watch.

Significant Forex Levels to Watch

AUD/USD

USD/CAD

NZD/USD

Week Open (WO) 0.7672 1.3101 0.7200
Previous Week High (PWH) 0.7732 1.3126 0.7243
Previous Week Low (PWL) 0.7617 1.3007 0.7126
Top Weekly ATR (tWATR) 0.7741 1.3208 0.7275
Bottom Weekly ATR (bWATR) 0.7603 1.2995 0.7126
Other significant levels 0.7700, 0.7600 1.3100, 1.3000 0.7200, 0.7150

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 Forex Chart
AUD/USD 1-hour Forex Chart

USD/CAD: 1-hour

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

NZD/USD: 4-hour

NZD/USD 4-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

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.