USD is still strong but we see a big correction looming somewhere on the horizon. Intra day EUR USD and GBP USD continue to move in opposite directions. We don't trade these pairs together in the same direction because we have seen them moving in the same general direction on longer time frames but in opposite directions on lower time frames for quite awhile. We think this is done purposely by SMART MONEY to confuse traders.
AUD USD has been under pressure now that .7000 has been finally broken after trading in a 300-400 range above .7000 for months. We are expecting a continued move down and after a period of accumulation we expect an eventual move back up once everyone is looking down.
USD CAD continues to climb into 13 year high territory further and further and there is no sign of it slowing down just yet. As crude oil continues to drop Loonie continues to climb. We expect a correction in crude oil and USD CAD but we haven't seen the top tick yet for Loonie.