Objective Forex: End of Week overview

Friday, July 10, 2015

End of Week overview

Wow what an exciting week, overall we fell relatively flat, just breaking even on our picks (other than GBPJPY which resulted in minor profits) Our only worthwhile pick that may be worth revisiting on monday would be AUDNZD, which has just barely established a very strong channel trend upwards at the end of the session, we expect this to continue on monday but as always we recommend not holding trades over the weekend unless you know exactly what you are doing.

Here's an image of AUDNZD showing the strength.
 (Notice the minor sell-off right at the end of the session from traders exiting from holding over the weekend)

We'll see you back next week.

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