Hot-Charts
Aussie & Cable Upside
by
Mar 13, 2009 13:38
| 4 Comments
AUDUSD & Cable set up for prolonged gains as US stock futures push to the upside. Smaller than expected US trade deficit at $36 billion to help sentiment as it means, hence a positive for no-USD currencies. Although daily stochastics in AUDUSD show sign of a peak, the fact that TL resistance was broken and that weekly stochastics remain positive suggests upside to breach the next targets at 0.6630s and 0.6720, which could be interrupted by an interim correction towards 0.6460s. Cable shows better technicals after having breached the $1.3970s, now facing two targets at $1.4120, followed by $1.4320.
More Hot-Charts
-
Bitcoin versus Miners Performance
Apr 9, 2024 16:02 | by Ashraf LaidiAs many of you know 2023 was kind to members of our WhatsApp Broadcast Group who snapped up shares in bitcoin miners, while 2024 has so far been more superior to Bitcoin than most of the miners... -
Gold, Bitcoin, USD Combo
Jun 22, 2023 16:46 | by Ashraf LaidiI mentioned last week on here on how and why both gold and USD are falling together. Since then, the trend accelerated alongside another detail. -
تفسير مراحل الذهب
Mar 17, 2023 21:28 | by Ashraf Laidi.
Ashraf
Ashraf