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FX

Weekend Charting 28 April 2012

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Here are a couple of charts in my watch list. I am looking at the levels for next week’s trading.  I don’t find a lot with clean levels now. So patience is required at the beginning of the week.

Anyway,  here are the CHARTS.

$GBPAUD — This is probably the cleanest chart I can find at the moment.  Support is approaching with confluence of 50% retracement.

$GBPAUD Hourly

$NZDUSD — The second test of resistance level with confluence of 61.8% retracement.

$NZDUSD hourly

$USDJPY – We are back to previous hourly swing low. In case it breaks down from here,  I am looking at next potential target of 79.55 ish. Otherwise, we might continue bouncing in the range.

$USDJPY Hourly

$EURJPY – There are too many touches of the support level for my liking. I am only looking at potential trading opportunity when it breaks down from here.  Otherwise, ‘ I am not touching that!’

$EURJPY Hourly

$AUDUSD – Aussie dollar is sitting at the top of channel, and completed a symmetrical move last week.

$AUDUSD Hourly

That’s all for now. Good trading.

$AUDUSD $USDJPY 03 April 2012

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[tab: Asia Morning]

$AUDUSD  is in the middle of nowhere before this afternoon’s rate announcement.

$AUDUSD M30 03 April 2012

$USDJPY

$USDJPY 03 April 2012

[tab: End of Tokyo session]
The rate announcement (unchanged) brought $AUDUSD down to 1.035ish.  If the breakout of the penant is to be trusted, the measured down move will bring us to around 1.02ish area.

$AUDUSD 03 April 2012 Update

There’s no too much changes in $USDJPY, the initial breakdown during Tokyo open was not followed through. Instead, price is creeping up the whole Asian session, we are now back to around Asia opening price.

$USDJPY 03 April 2012 Update

 

$AUDUSD $USDJPY 28 March 2012

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[tab: Asia Morning]

Here is the hourly structure of $AUDUSD I am looking at. This is not necessary a shout of buy, but I do expect some reaction at this point after the selling during overnight U.S session.

$AUDUSD 28 March 2012 Asia Morning

Not so much about $USDJPY at the moment, it might be trapped between 83 to 8320. However, I am still eyeing target above 8350.

$USDJPY 28 March 2012 Asia Morning

[tab: End of Tokyo session]

$AUDUSD 28 March 2012