News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
Subscribe
Please try again
More View more
Jamie's Pick: 10/01/12

Jamie's Pick: 10/01/12

Jamie Saettele, CMT, Sr. Technical Strategist

In order to take advantage of the perceived top in risk, my focus is on shorting strength in the AUDUSD and NZDUSD (although the NZDUSD may sneak to one final high above Friday’s high). Expect resistance just above 10400, specifically 10417. This level is defined by the 61.8% retracement of the decline from Friday’s high and the 100% extension of the rally off of the low.

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES