Major FX Trends - Midweek - Jan 2016 - Week 3
EURUSD - Short - below 50dma
USDJPY - Neutral - BOJ won't sit on their hands much longer w/ additional Chinese devaluation
USDCHF - Long - Exiting consolidation
NZDUSD - Neutral - Consolidating ahead of a potential bullish move
GBPUSD - Short - The trend is your friend
AUDUSD - Long - Bearish trend losing momentum
USDCAD - Long - Trend is definitely your friend here and a bottom in oil is still not it
DXY - Long - Holding 50dma nicely
USDJPY - Neutral - BOJ won't sit on their hands much longer w/ additional Chinese devaluation
USDCHF - Long - Exiting consolidation
NZDUSD - Neutral - Consolidating ahead of a potential bullish move
GBPUSD - Short - The trend is your friend
AUDUSD - Long - Bearish trend losing momentum
USDCAD - Long - Trend is definitely your friend here and a bottom in oil is still not it
DXY - Long - Holding 50dma nicely
