Friday, September 28, 2012

AUD/USD intraday: bullish bias above 1.0415.


Pivot: 1.0415
Our preference: LONG positions above 1.0415 with targets @ 1.0495 & 1.052 in extension.
Alternative scenario: Below 1.0415 look for further downside with 1.04 & 1.037 as targets.
Comment: the next resistance are at 1.0495 and then at 1.052.

By at

USDCHF Technical Analysis - Sell at 0.9955

USDCHF made a nice bull move from 0.9716 to 0.9990. Then USDCHF drops from over bought zone. USDCHF is trading below its 20 period MA on 4h ...

  • China data signal further room to tighten policy
    HONG KONG (MarketWatch) — China's consumer inflation accelerated in March to its fastest rate in almost three years, slightly ahead of e...
  • Commodity Trading 101
    1.1 - Why is Buying Low & Selling High So Elusive? The objective is simple and seems so easy to achieve - - buy low and sell high, or se...
  • Chinese data raise concerns of slowdown
    HONG KONG (MarketWatch) — Chinese economic data released Wednesday showed consumer inflation moderated slightly in April, though remaining a...