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The USD/CAD pair is ready to bounce significantly, perhaps heading all the way to the 1.25 level again. On the other hand, if we break down, that is a very bearish sign then head to the 1.20 level. Either way, volatility.

The Dow Jones 30 fell hard and will more than likely continue lower.The market will probably try to find the 17,600 region. A supportive candle in that area is reason enough to start going long,but market is volatile, Do your own research before making any trades.

The S&P 500 fell hard may go a little bit lower, but I believe that there is support below that should turn things around eventually. I am very bullish of the US stock market in general.

The US Dollar Index fall and test the 97 level for support and form a hammer.The 100 level above is going to be rather resistive though, so this is more or less a short-term buying opportunity in an otherwise strong market.

The DAX ended up falling looks as heading back down to the 11,500 area where we would anticipate seeing some type of support. It is not until we get below the 11,200 level that we would consider selling as it would be completely broken.


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Opinions given on this website are just that, 'opinions' and should not be taken as investment advice. Always do your own research before making investment decisions. Please read and understand the Risk Warning sections of the Websites / Dealers / Brokers / and / or with any others, you are trading with to make sure you are familiar with the relevant risks before trading.

Risk Warning: FX trading..Please read the Risk Warning sections of the websites you are trading with to make sure you are familiar with the relevant risks.
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April 20, 2015. The EUR/USD pair eventually settling on a shooting star, Because of this, I think that the pair may drop from here, as the US dollar is strengthening against several currencies, I would be sellers.

The USD/JPY pair is trying to find a bit of support, if it can break above the 119.50 level, I would be buyer, as it would show the market breaking above the top.

The AUD/USD pair found enough resistance above the 0.78 level to turn back around and form a shooting star. It suggests that the market is ready to go lower, I feel this market should head to the 0.76 level next. There is enough resistance to keep the market in a downtrend over the longer term as well.

The GBP/USD pair struggled at the 1.50 level and formed a shooting star at the perfect level. I believe the rally is probably over. I believe the market would then head to the 1.48 handle, and then possibly the 1.46 level given enough time.
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Your Trading success depends upon your thinking. You are not in control of the market, but you are in control of your response to the market. That is very often lost in the heat of battle, when real capital is on the line pending your decision(s). Please Remember DO YOUR OWN RESEARCH. You are responsible for your own actions. 
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Risk Warning: Make your own decisions based on your markets analysis, judgements and ability to trade before parting with own hard earned monies. All opinion only.
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