日本語
Español
中文
Русский
- New York 19:25
- London 00:25
- Barcelona 01:25
- Tokyo 09:25
- Sydney 11:25
Chart of the Day
4
2
Chart of the Day – AUD/USD
Mon, Mar 30 2009, 16:11 GMT
by James Chen
(Chart courtesy of FX Solutions' FX AccuCharts. Price on 1st pane, Slow Stochastics on 2nd pane; horizontal support/resistance levels in yellow; uptrend lines in green; downtrend lines in red; chart patterns in white; 50-period simple moving average in light blue.)
3/30/2009 – AUD/USD – Price action on AUD/USD, a daily chart of which is shown, has tentatively broken down below both a short-term uptrend support line extending from the 3/10/2009 low, as well as a key horizontal support/resistance level around 0.6850. A daily bar close significantly below this level would be an important bearish indication that interrupts the bullishness of the last three weeks. If this is indeed the case, any bearish follow-through should target support in the 0.6550 price region. Oscillators like the displayed Stochastics, which are emerging down from overbought, are providing some confirmation of a potential bearish turn. To the upside, in the event of any subsequent breakout above 0.7100, a short-term uptrend continuation will have been confirmed, potentially targeting a re-test of 0.7265.
* Visit my forex tips and techniques blog here: http://fxpath.fxstreet.com *
IMPORTANT NOTICE: These comments are for information purposes only. The information contained on this document does not constitute a solicitation to buy or sell by FX Solutions, LLC., and/or its affiliates, and is not to be available to individuals in a jurisdiction where such availability would be contrary to local regulation or law. Opinions, market data, and recommendations are subject to change at any time. Forex trading involves substantial risk of loss and is not suitable for all investors.
Published on Mon, Mar 30 2009, 16:13 GMT
Archive
- Chart of the Day – Silver
Published On Mon, Nov 23 2009, 16:20 GMT - Chart of the Day – EUR/JPY
Published On Thu, Nov 19 2009, 16:15 GMT - Chart of the Day – AUD/USD
Published On Mon, Nov 16 2009, 16:22 GMT - Chart of the Day – EUR/USD
Published On Fri, Nov 13 2009, 16:26 GMT - Chart of the Day – USD/CHF
Published On Wed, Nov 11 2009, 16:24 GMT
FX Solutions, LLC
| Saddle River Executive Centre 1 Route 17 South, Suite 260 Saddle River, New Jersey 07458
http://www.fxsolutions.com | info@fxsol.com
Legal disclaimer and risk disclosure
FX Solutions, L.L.C.® assumes no responsibility for errors, inaccuracies or omissions in these materials. FX Solutions, L.L.C.® does not warrant the accuracy or completeness of the information, text, graphics, links or other items contained within these materials. FX Solutions, L.L.C.® shall not be liable for any special, indirect, incidental, or consequential damages, including without limitation losses, lost revenues, or lost profits that may result from these materials.Related reports
IMM positioning - Speculative investors positioned for USD/JPY downside by Danske Bank A/S
Mon, Nov 23 2009, 13:52 GMT
Weekly Market Research - GBP/USD has yet to close above the weekly Kumo flat top; which would likely push the pair to challenge 1.7000. by Second Skies LLC
Mon, Nov 23 2009, 13:17 GMT
FX View - Fed comments revive risk appetite by Interactive Brokers LLC
Mon, Nov 23 2009, 13:04 GMT
FX Thoughts for the Day by Kshitij Consultancy Service
Mon, Nov 23 2009, 11:40 GMT
Market Session Snap-Shot by ACM - Advanced Currency Markets
Mon, Nov 23 2009, 10:54 GMT
Related content
Early Tokyo keen to sell JPY crosses
Forex Live | Tue, Nov 24 2009, 00:12 GMT
AUD may be affected by political fall-out from ETS
Forex Live | Mon, Nov 23 2009, 22:29 GMT
Forex: Dollar falls on Monday; Stocks rally in Wall Street and Europe
FXstreet.com | Mon, Nov 23 2009, 21:58 GMT
ForexLive New York wrap-up; Risk trade sputters
Forex Live | Mon, Nov 23 2009, 21:01 GMT
Forex: AUD/USD finds resistance at 0.9275
FXstreet.com | Mon, Nov 23 2009, 20:03 GMT
Interested in forex trading? forex brokerage firms!
GET CASH BACK FOR YOUR TRADES! Learn more about the Pip Rebate Program
Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.
Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. FXstreet.com has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: errors and Omissions may occur.
Any opinions, news, research, analyses, prices or other information contained on this website, by FXstreet.com, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. FXstreet.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
©2009 "FXstreet.com. The Forex Market" All Rights Reserved.