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 / 04 September 2018 at 5:43 GMT
Partner at 3 C ANALYSIS / 3cAnalysis
United Kingdom
USDCAD - Positive break of key average to continue
The rally from last week's 2 month lows extended Monday. Friday’s upside break of the 13/100 day mvg avg proved important and a 3rd up day in a row was posted. The scope of these moves means immediate signals for sentiment are overbought but we currently look for profit taking setbacks to be temporary and limited.
we look to Buy in 1.3095/3100 area and any 1.3076 dip
Stop is 1.3044 offered
Targets 1.3143 and 1.3160
Closes 4 pm London time
AlanCollins AlanCollins
Looking to take some profits at current 1.3137 levels instead of 1.3143. Stop raised to 1.3111 and buy dip cancelled
geirth geirth
Reached 1. target. Really nice work Alan!
obikobi obikobi
excellent call Alan. coincided well with technos
I will be surprised the day you make a non-profitable call, Alan. On the other hand, i hate surprises :-) Very well done!!!
AlanCollins AlanCollins
wish I was as good as that (would have retired by now) but thanks
Retirement is not an option, Alan. We need you here :-)....and with all the fun we have trading currencies what else would you do?


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