Friday, April 19, 2013

Is the Canadian Dollar ready to move?

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50 fib bounce indicates bullish continuation in USDCAD

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�H.G. Wells Trade� � Would FOMC Minutes have read differently if NFP result had been known?

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Overbought and Oversold Markets

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AUD/USD and the Upside Prospects

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NZDUSD Tags Key Resistance- Scalping the Correction Sub 8675

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Thursday, April 18, 2013

AUD/JPY has 2008-high of 104.60 then 2007-high of 107.88 in Sight

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Absolutely agreed. I'm putting huge sell order at 1.0496 SL 1.0515.
FortuneRider,

All being equal, I won't BUY USD against AUD,,but the Fat boy in Korean peninsula is about to commit some mischief and the market will surely react...so I may buy USD today!

Today is a good day to SHORT RISK currencies especially AUD, EUR, JPY and CAD with CHF and USD, but you have to do it between 3:30 PM EST through 5:00 PM EST; North Korea (the fat boy promised April 10th) is about to fire the missiles towards, where? Only heaven knows and market is going to react by selling risk currencies, and buy XAU, CHF and USD. I hope to be right else I am going to lose my SHIRT, because I will start shorting these currencies very soon!