Issued: 04/23/2015
June Canadian dollar:
1. In yesterday’s (Wed., April 22) Williams edge live meeting it was noted that the June Canadian dollar would be in a ‘Buy’ position upon any hourly close above $81.75 for an advance to at/near $82.25.
2. Subsequently in today’s session the June Canadian dollar closed hourly above $81.75 (hourly close, $81.80) providing new long entry. For those long based upon the above, partial long position exit should be taken at current prices (current price $82.00). The remaining position should be held for further test/attempt at $82.25.
3. A protective sell stop should now be placed at $81.80. This stop will be moved higher as the market continues to confirm. Will update.
David Williams
Issued: 04/23/2015
June Canadian dollar:
1. Further long position exit should be taken at current prices (current price, $82.12).
David Williams
Issued: 04/23/2015
June Canadian dollar:
1. In yesterday’s (Wed., April 22) Williams edge live meeting it was noted that the June Canadian dollar would be in a ‘Buy’ position upon any hourly close above $81.75 for an advance to at/near $82.25.
2. Subsequently, the hourly closed above $81.75 (closing at $81.80), indicating new long entry.
3. Today’s June Canadian dollar completed the forecast $82.25 upside target, resulting in a successful trade. Will message any further entry or indication for the June Canadian dollar.
David Williams