Tuesday, 1 October 2013

AUDUSD - 2-Oct-2013

The price has pulled back and reversed at 38% of recent rally. The price is looking good to reach 127% extension of recent rally and 50% retracement of decline from April high. If this is hit, it could, very well, form ABCD pattern. Watch out for coming days
Daily Chart



Monday, 9 September 2013

EURUSD - 10/9/2013

The price appears to be bullish, however, the current price is to far way to afford the stop-loss at yesterday's low. You will need to wait for considerable pullback to make an entry into the trade.

Daily chart