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Tuesday, 24 November 2009 GMT
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technical alert
Article
Australian Dollar Short Entry Triggered Against US Dollar
Tuesday, 09 June 2009 03:29:56 GMT
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Previous Articles
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- Friday, 16 October 2009 16:40:51 GMT EURGBP Short Term Decline Overdone
- Thursday, 15 October 2009 22:59:12 GMT USDCAD Rally Just a Correction
- Thursday, 15 October 2009 21:11:29 GMT Daily Pivot Points
- Thursday, 15 October 2009 07:56:53 GMT EUR/USD Sell Recommendation Issued @1.5035 (Daily Classical)
- Wednesday, 14 October 2009 21:09:33 GMT Daily Pivot Points
- Wednesday, 14 October 2009 06:46:55 GMT Euro Surge Exposes Psychological Barrier (Daily Classical)
- Tuesday, 13 October 2009 21:26:26 GMT EURGBP Rolls Over
- Tuesday, 13 October 2009 21:26:23 GMT Daily Pivot Points
- Tuesday, 13 October 2009 07:47:43 GMT Euro Double Top Prospects Intact (Daily Classical)
- Monday, 12 October 2009 21:00:42 GMT Daily Pivot Points
- Monday, 12 October 2009 07:35:23 GMT Euro Carving Double Top (Daily Classical)
- Friday, 09 October 2009 01:07:54 GMT Dollar: Something Has to Give
- Thursday, 08 October 2009 21:06:02 GMT EURJPY Looks Constructive
- Thursday, 08 October 2009 21:01:54 GMT Daily Pivot Points
- Thursday, 08 October 2009 06:28:39 GMT Prospects Fade for USD Bulls (Daily Classical)
- Wednesday, 07 October 2009 21:47:48 GMT GBPUSD Triangle Pattern Before BoE
- Wednesday, 07 October 2009 21:07:26 GMT Daily Pivot Points
- Wednesday, 07 October 2009 06:41:58 GMT Euro Stops Narrowly Averted (Daily Classical)
- Tuesday, 06 October 2009 06:56:11 GMT USD Convictions Being Tested (Daily Classical)
- Monday, 05 October 2009 21:08:32 GMT Daily Pivot Points
We noted in our weekly technical outlook report that “AUDUSD has put in a decisive Bearish Engulfing and is now testing the last layer of support at the bottom of a rising channel that has guided the pair since mid April.” Prices triggered a short entry with today’s close below support at 0.7896. From here, we will initially target a decline to the previous swing bottom at 0.6949. A stop-loss will be activated on a daily close above the 06/03 wick high at 0.8269.
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