Current down trend on daily time frame converges with an up trend on the weekly. Short term speculators are running into fund managers looking at a longer horizon. Two big candles yesterday and the day before are signs of contest. This is the trading proposition for WTI right now.
AUDUSD has many elements of a perfect trade signal lined up: 1) Roadmap 2) Resistance 3) Double Top 4) MACD signal 5) Potential trend line break. It also has potential implication to stock indices.
Observations of USD strength on crude oil, cad, thoughts on possibility of future Fed rate hike. Also, discussion on selling climax spotted in Starhub.
Singapore stock index futures SiMSCI parked itself at a very interesting level with proposition for both long and short traders. This is the type of setup that many traders are going to trip over. Chart features below.
Long and short play for AUDJPY (for both lower time frame and higher time frame forex traders) centred on this very long trend line starting from October 2014.