An overview of the
currency markets by 
With all the world watching the news about the passing of Michael Jackson, let’s pull up a trade watch on the USD/CAD.
Looking at the USD/CAD 10 minute chart, it looks as if we’ve seen a recent top form. From the top, you can see a nice movement down. Look for a potential correction back up and then for the currency pair to head back down. The daily chart is also showing a potential bearish signal as well.
If it breaks above the labeled recent top then that would invalidate this forecast.
As we always say, be sure to use the weekend as time away from the markets to enjoy with your family and enjoy your life because you never know when something may happen.
Good luck with your trading, enjoy your weekend and catch us again next week on ‘The Trader’s Edge.’
I recently came across your blog and have been reading along. I thought I would leave my first comment. I don’t know what to say except that I have enjoyed reading. Nice blog. I will keep visiting this blog very often.
Margaret
http://cardrawing.net
Hi Margaret,
Thanks for following along and leaving the comment. I hope you find it helpful.
Ross