Archive for the ‘Forex’ Category

EUR AUD 23 July 2010

Let’s us look into EUR AUD. Interpret on your own And below is 4 hour timeframe. Hope this time, it is not a retracement.

EUR JPY 23 July 2010

I am a bit toying with this pair today. As we know, yesterday was a good day for Euro. We can see a few invalid bearish signal. Finally, there is something interesting on one hour timeframe. Standing on divergence at 1 hour timeframe, trendline breakout.. so I short. Hope it will be green. I don’t [...]

USD CAD 23 July 2010

Yesterday, I expected that USD CAD should not break 23% fibonacci retracement. Yep, not breakout. So, I expect a bounce up due to double bottom. But, after a while..it seem like a triangle in formation. Thus, the strong support is at 1.0349. If the price break that support, then I think the triangle is invalid. [...]