Forex/Commodities – 4hr Trading using MT4 (Live)
- AUDUSD – Long
- USDCAD – Short
- USDJPY – Short – Crossed out the channel
Markets seemed to return to trend after a jumpy start from the weekend and Labor day in USA. As the US returned to worked this afternoon (UK time) the markets moved more and in-line with recent trends.
Aussie Dollar moved higher than previous few days, not yet breaking the highs on the daily chart but close to those levels. Lets see if they can break through.
Canadian Dollar and Japanesse Yen both strenghtened against the US Dollar closing with Lower lowson the daily chart.
From here we may expect a little re-trace as people sell off to take their profits, but we will continue to hold while the trend continues.
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