Friday 13/04/2012 (London)
USD/CHF – Potential Sell
I’ll be avoiding the CHF, at least for this morning. On the H4 we have a perfect bearish down trend which I expect to continue. We can however see a bullish rate on the M15. This could be a retracement. If the rate breaks below yesterday’s...
AUD/USD - BUY
Well we can see from the h4 that the long running downtrend has been broken looking like a turn to the bullish side. On the m15 we see the rate is as bullish as it gets. Yes finally after the pips we’ve made from the drop, we can take some more riding the thing back up. I expect a...
Thursday 12th April 2012
USD/CHF - WAIT
Choppy ranges on both the m15 and h4 today but overall the market is looking bearish. I’ll be waiting on this one. If the rate breaks yesterday’s low of 0.91286. Beware though; looking at the ranges that rate is likely to provide strong support...