Just trying to guess future AUDUSD move. In 1W chart Doji at the bottom. At least possible short term buy signal. In 1D Stochastics Hidden Bullish Divergence.
Shooting star at 38.2% - 50% Fibo Retracement signals strong sell in 1D chart. With recent negative fundamentals within the Eurozone, lower interest rate possible LTRO in the near future. I think its worth to try. What do you think?
USDX 4H bearish trendline has been broken, also shows hidden bullish divergence. This might be an end of dollar corrective wave, and continuation of dollar rally.
Shorted EUR after test of trendline and 65 MA in 1D chart.
With unexpected Nonfarm Payroll rise, quickly shorted GBPUSD.
Technical Reason: In impulse wave, wave 4 low cannot cross wave 1 high. As long as price stays higher than 1.34146 there is a possible scenario of wave 5 continuation. Resistance will be at 1.38 - 1.39 level. Especially 1.39 level meets with down trendline from June 2008. Stochastic is also in oversold zone. Fundamental Reason: Last month there were two main...