FXCM Expo Videos
Innovative Techniques with Traditional Technical Indicators
Trading with the Elliott Wave Principle
Seeing the Forest from the Trees: An Analysis of Global Markets
Afternoon Technicals (all charts)
FOREX Technical Analysis Observations
-EURUSD-near term resistance extends to 13055 and near term support to 12887. The daily trend is constructive as long as price is above 12800. There is little else to add at this juncture.
-GBPUSD-popped after GDP this morning. The advance presents an opportunity to sell against the early month high of 16228. One may be able to get a better entry than the current market with estimated resistance at 16157 and 16227.
-AUDUSD and NZDUSD – upside remains favored but beware of a dip after the US open. Supports for today are 10340/55 and 8210. Upside potential is NZDUSD is probably greater than upside potential in AUDUSD as per AUDNZD.
-AUDNZD-carved out a J Spike yesterday. The top was produces just above the 9/13 close, which was a JS Thrust (JST) day. I was stopped out at the high (which is annoying but a part of business). Resistance is now 12650 and focus is lower towards 12500. Interim support comes in at 12573.
GBPUSD – Daily Bars

Prepared by Jamie Saettele, CMT
AUDNZD – Daily Bars

Prepared by Jamie Saettele, CMT
To contact Jamie e-mail jsaettele@dailyfx.com. Follow me on Twitter @JamieSaettele
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Jamie is the author of Sentiment in the Forex Market.
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