Tuesday, September 18, 2012

AUD/USD intraday: the downside prevails.


Pivot: 1.048
Our preference: Short positions below 1.048 with targets @ 1.385 & 1.035 in extension.
Alternative scenario: Above 1.048 look for further upside with 1.0515 & 1.058 as targets.
Comment: the RSI is capped by a bearish trend line.

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...