22 May 2015 FGBL Footprint chart
Here is the 4-hour chart of AUDUSD. Just like last week, everybody was watching/talking about the daily pin bar, now we are presented with a obvious Head and Shoulder formation� in H4 chart.� I like the fact that 1.04 support is now broken, I am looking at further downside. Here is the …. CHART.
[tab: Asia Morning] $AUDUSD is in the middle of nowhere before this afternoon’s rate announcement. $USDJPY [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. There’s no too much […]
[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 […]
As mentioned in my twitter, I was busy with non trading matters and missed out all the profitable entries of AUD/USD, NZD/USD, AUD/JPY and EUR/JPY. It was supposed to be another multiple Rs-day, but well, sometimes, you can’t have it all in life. Look at the Aussie dollar, we are back to 0.88 again. The […]