[tab: Asian Morning]
$AUDUSD tested the back of the pivot downtrend line twice yesterday. I am still looking at near 1.04 as next potential target.
[tab: London Morning]
$AUDUSD touched resistance level at the same time , the disappointing China PMI figure triggered heavy sell off of the pair. In the hindsight, the chart movement was just classical, text book. Also, if you look at Daily, 1.0350ish zone will provide some sorts of support (however, this is not a BUY to me)
Here is the … CHART!
It looks like a pull back day for $AUDUSD today. Here are the morning chart (Before beginning of Asian session) and evening chart (after London Open)
[tab: Asian session]
[tab: London session]
Here is a potential completion of harmonic pattern in $AUDNZD. I am looking at 1.29 for potential short setup. This is a trend continuation pattern, and I am looking at the resumption of existing downtrend.
Here is the …. CHART!!
[tab:Setup]
BUND is not the market that I am familiar with. I was just looking at the hourly chart, I thought it shows some interesting technical levels here.
Here is the …. CHART
[tab:Update 10 Feb 2012]
I like the movement of BUND, whichwas almost technically prefect. I mean, it reacted well at the levels. I really need to watch this market closely.
Here is the updated hourly chart.
Just a quick note and chart about $AUDUSD. For short term trading, potentially, I am interested in going short if the level around 1.0685/1.0670 is broken.
Let’s see how it goes.
Here is the …..CHART!!
[tab:Setup]
I was scalping some shorts at the end of U.S session, and decided to scrapped the trade with over 10 pips profit. It looks to me, cable might be preparing for another up leg. Well, it might be too early to make the call, I would prefer to stay away from any shorting idea for now.
Let’s see how it goes.
Here is the …… CHART!!!
[tab:Update 08 Feb 2012]
Cable broke out from the flag yesterday, and now I am looking at potential long opportunity at the pull back to the range of 1.5830/1.5860 with target around 1.6050.
Here is the… CHART!!
