I read some tweets with “AUDUSD short triggered”. Err…I’m not sure. Well, instead, I am thinking of getting in some long positions to test the support zone before considering any short action. Let’s see. What do you think?
Chart of the moment
Resistance ahead of $AUDUSD?
We have a better than expected unemployment rate in Australia. However, I am not sure if I should be so bullish about AUDUSD. Have a look at daily and 4-hour charts, we have some pretty heavy barriers in front of us now. I am considering going in with some small short positions later. What do […]
Update $EURJPY: Are we back to support?
We had a nice sell off at the resistance level. Now, things are getting more interesting. EURJPY has fallen back to previous support area. Let’s see if we can catch some bounces here. What do you think? Here is the 4-hr chart.
$EURJPY under pressure?
It looks a little bit heavy for EURJPY in both daily and 4-hour charts. I am flat now. And I might go in with some small short positions later to test water. What do you think?
Chart of the moment $USDCHF 10-DEC-2009
Here is the chart I am watching closely. Is it going to break down soon? What do you think? Anyway, beware of a series of SNB announcements scheduled this week.
Chart of the moment $EURGBP 24-Nov-2009
Here is the chart I am watching closely. EURGBP is due for breakout. Which way do you reckon?
