The bulls are in control for the moment. USD/CAD may be stuck in a tight range above 1.2780, but I think that once that ends it will keep moving north to 1.3000.

USD/CAD

USD/JPY broke out above the last local high at 113.80 after a few days of consolidation below it. I think it will continue rallying to 114.50.

USD/JPY Discussion

USD/CAD did rally above 1.2600 as I thought it would. The pair remains very bullish and I wouldn't be surprised if it continues moving north to the last local high at 1.2777.

USD/CAD

USD/JPY is range-bound above the gap. Even if it recovers it I think it will keep moving up toward 114.20 - 114.40 so I opened a long position.

USD/JPY Discussion

I think it will manage to rally above 1.2600. 1.2650 is another matter.

USD/CAD

USD/CAD has a double top at 1.2597 and 1.2590, I think there will be a pullback from that zone and a drop to 1.2400. I have already shorted.

USD/CAD

I think it will definitely reach 113.00, whether it will climb above that we'll have to wait and see.

USD/JPY Discussion

USD/CAD has rallied above 1.2530 as I thought it would, so I wouldn't be surprised if it reaches 1.2600 after all. Next target above 1.2600 could be around 1.2650.

USD/CAD

The pair is at 111.70, for the moment it remains very bearish. I think it will break out below that level soon and keep falling to 111.00 or even to 110.40.

USD/JPY Discussion

USD/CAD rebounded from 1.2430. I already have a long position, I think it will rally to 1.2530 or even to 1.2600.

USD/CAD

USD/JPY is relatively bearish and the resistance at 113.40 is still holding. I think that if it falls below 112.00 it will continue depreciating at least to 111.20 - 111.00.

USD/JPY Discussion

I think the pair is stil very bearish, but since the FOMC meeting minutes will be announced today that could change drastically. I closed my short and I'll wait for the news.

USD/CAD

1.2595 proved to be a too strong resistance for the correction. I think USD/CAD is falling back to the support at 1.2470 and I have already shorted.

USD/CAD

I have two short positions since last week. The pair is range-bound but the upward trend appears exhausted. I think there will be a move to the downside this week.

USD/JPY Discussion

When it broke out above 1.2530 I almost opened a long position before I remembered that the NFP announcement was today and I thought better of it. I'd rather see what effect the NFP will have first before I open any positions

USD/CAD

I think the pair has finally broken out above 1.2530. If that is indeed the case the correction to the upside could last to 1.2740.

USD/CAD

Thank you. My short position reached the target at 112.60 but I haven't closed it. Instead I opened another one, both with target 112.00.

USD/JPY Discussion

113.20 - 113.30 turned out to be a very strong resistance. I shorted at 112.95 and I haven't closed the short position yet. I think the pair will drop to 112.60 at least.

USD/JPY Discussion

I agree. Also, I don't think the renewal of the upward trend will be confirmed before a breakout above 113.30.

USD/JPY Discussion

USD/CAD is within the resistance zone between 1.2470 and 1.2430. I think it is possible to see a reversal and a new drop in the next few hours to a few days.

USD/CAD