Note that this is my current view, but if market conditions change my view can change too. Generally I will trade in alignment with what I have noted here, though I will wait for a set-up before I enter. I base my view on technical and fundamental information. This is my beliefs and you are welcome to have opposite ones. Having a plan is more important than the actual direction for me. 

This weeks report is abbreviated due to personal reasons. 

• Wait DXY. – MT is sideways normal. Watch for selling opportunities off 97.70.
• Sell GBP/USD. – MT is sideways volatile. Continue to sell, looking for a move towards 1.28.
• Wait USD/JPY. – MT is bull normal. Stocks and bonds suggest that the uptrend is coming to an end for now. Wait.
• Buy AUD/USD. –  MT is sideways normal. Look to buy of the key .70 figure.
• Wait EUR/USD. –  MT is sideways normal. There may be an opportunity to buy off 1.20 but it is a contrarian trade so high risk, high reward.
• Wait NZD/USD. –  MT is sideways normal. Wait.
• Wait USD/CHF.  – MT sideways normal. Watch for a reversal off 1.0130.
• Buy USD/CAD. – MT is bull normal. Buy, but caution should be had.
• Wait EUR/GBP. – MT is bear normal. There is a potential contrarian buy here too. Perhaps the better option than EURUSD.

Crosses

• Wait EUR/CHF. – MT is sideways quiet. Wait.
• Wait AUD/JPY. – MT is sideways quiet. Wait.
• Wait NZD/JPY. – MT is sideways quiet. Wait.
• Wait GBP/JPY. – MT is bull volatile. Wait
• Wait EUR/JPY. – MT is sideways normal. Wait.
• Wait CAD/JPY. – MT is sideways normal. Wait.
• Wait CHF/JPY. – MT is sideways normal. Wait.
• Wait GBP/NZD. – MT is bull volatile. Wait.
• Wait EUR/NZD. – MT is sideways normal. Wait.
• Sell AUD/NZD. – MT is bear normal. Continue to sell.
• Wait EUR/AUD.  – MT is sideways normal. Wait.
• Wait GBP/AUD. – MT is bull normal. Wait.
• Wait AUD/CAD. – MT is sideways normal. Wait.
• Wait GBP/CAD. –  MT is sideways volatile. Wait.
• Wait EUR/CAD. – MT is sideways volatile. Wait.
• Wait NZD/CAD. – MT is sideways normal. Wait.
• Wait GBP/CHF. – MT is bull normal. Wait.
• Sell CAD/CHF.  – MT is bear normal. Continue to sell.
• Wait NZD/CHF. – MT is sideways normal. Wait
• Wait AUD/CHF. – MT is sideways normal. Wait

Other Markets

• Wait USDSGD. – MT is sideways normal. Wait
• Wait USDCNH. – MT is bear volatile. Wait.
• Sell Gold. – MT is bear normal. Continue to sell.
• Wait Oil. – MT is sideways quiet. Wait.
• Wait S&P 500.  – MT is sideways quiet. Wait.
• Buy DAX. – MT is bull normal. Look to buy.
• Wait Nikkei. – MT is sideways quiet. Wait.
• Wait T-Notes. – MT is sideways normal. Wait.

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(MT = Market Type: Click for more information on market types.)

About the Author

Sam Eder is a currency trader and author of the Definitive Guide to Developing a Winning Forex Trading System and the Advanced Forex Course for Smart Traders (get free access). He is the owner of  www.fxrenew.com a provider of Forex signals from ex-bank and hedge fund traders (get a free trial). If you like Sam’s writing you can subscribe to his newsletter.