RCS SS Signal As At 12.40 am PST

We are about 40 minutes into the London session and no major signals except to buy GBPJPY. GBP remains strong but the JPY is not as weak, as the pair moved over 80 pips from the Asian session and we are approaching a possible resistance area around 127.80. EURJPY is also showing some mild strength and will continue to watch the signal.

I am still watching the CAD pairs as most of them seem to be setting up for possible reversal but we never know and will always wait for RCS SS signal confirmation. The CADJPY has however moved 50 pips from my alert over the week end but this is due mainly to JPY weakness and not any strength in the CAD.

Good trading to all

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