Weekly Analysis by FG

31 July 2017, 19:39
Nitas Raweewonganotai
0
13

Base on Forex Genesig trading system. The candidate products we focus are USDJPY USDCAD EURAUD EURJPY.We choose the best opportunity product from Volatility is UCAD due to Correction Phase on other candidate.

 

The major trend of UCAD still Downtrend refer month timeframe.But we see week timeframe no more room to heading down. So price have to move up close the gap from Take profit sentimental and uncertain of a huge storm economic index this week.

So we decised to Buy UCAD @ the market price and set stoploss @ 1.2410 with in our risk control strategy.Our target TP @ 1.2630 have to close positon before Aug 04'2017 cause the Red index of USD and CAD. 

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