The big news seen overnight was the energy sector creeping higher as shares broke through January highs on the rally in crude oil prices.
Squawk / 11 July 2018 at 5:44 GMT
Partner at 3 C ANALYSIS / 3cAnalysis
United Kingdom
USDCAD - Key average to attract sellers
Although bought at higher levels yesterday, price action was muted in USDCAD. The market tested the 13 day mvg avg tentatively but failed to breach that important point. It is that factor combined with the underlying negative bias highlighted in this week's report that keeps our technical focus on the downside.
Sell in .1.3137/42 area and any 1.3162 rally
Stop is 1.3208 bid.
Targets;1.3114, 1.3089 and 1.3063/65.
Closing 4pm London time.
KS2011 KS2011
Thanks Alan
AlanCollins AlanCollins
with the market marginally lower than both entry points but with momentum weak and the end of European time approaching, we suggest reducing exposure near 1.3130 with only small balance aiming at 1.3114 - stop at break even.
AlanCollins AlanCollins
Timing! I take back what I said about momentum.
geirth geirth
Very good Alan! All my positions in black, so far today!


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