Intra-Day FX Forecasts

Dave Floyd Aspen Trading Group

Intra-Day FX Forecasts:

· NZD/USD: Bearish no change from yesterday: we are short this pair from last week in the ATSU Service from .7190

o Action: for today, consider selling a break below .7142

· AUD/USD: Neutral to Bullish no change from yesterday: last week's forecast for support to hold at .7600'ish is playing out well.

o Action: for today, consider buying a break above .7640 with fairly tight stops at .7615

· USD/JPY: Neutral to Bullish a breakout higher is setting up

o Action: for today, consider buying pull-backs towards 104.60-104.40 with stops below 104.20. Seeing a move higher towards 105+

· AUD/JPY: Bullish a breakout higher is setting up

o Action: for today, consider buying a break above 80.02 with stops below 79.60

· AUD/CHF: Bullish a breakout higher is setting up

o Action: for today, consider buying a break above .7652 with stops below 7610

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Author

Dave Floyd

Aspen Trading Group

If he lived anywhere but Central Oregon, where the trails of the Cascades mingle with the warm sunshine and fresh air of the high desert, Dave Floyd would probably be one of those guys who lives and breathes trading and analysis 24/7.

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