Wednesday, March 10, 2010

On the Radar…AUDUSD

Below 0.9330 ( daily close expect the same pattern that we had end of the year), and must important below 0.9387 ( weekly close) expect reversal coming session.

Short: between [0.93,0.9320]

Target: 90.50 and 88.60

Stop Position

50% close daily > 0.9360

the rest close daily > 0.9410.

Racio: Profit/losses interesting

This can be a consolidation to push this cross above 0.98 area but stay alert resistance weekly chart between [0.9360,09387].

Click to zoom in. Good luck..



Tuesday, March 9, 2010

USDCAD Intraday Market Thought

USDCAD nothing new last sessions. Follow the last update http://bit.ly/apWMHY

Good reaction around 1.0260 but Bearish divergence last high around 1.0320 ( last hour).

USDCAD need to close hourly above 1.0340 to attack resistance daily 1.0390.

Hourly close below 1.0260 expect visited lows of the year around 1.0220.

Gold Intraday Market Thought 09032010

Gold last hours of trading broke 1120 area. Remember last update http://bit.ly/ctkJnE

Adjust targets and resistances because gold kiss target that we put last updates.

Hour chart resistances: 1121 and 1130. Below both resistances expect coming hours 1106 (38.2) possible extension to 1098.


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