Wednesday, October 08, 2008
It was more a choppy market, after the strong movements from Monday
USD/JPY Looks like the desc will resume, after hitting the min again
USD/CHF: a turn for desc is possible
GOLD: increased from FIB50 to near 900 -> bad for $
GDP/JPY: as $, SELL
USD/EUR: cndle looks pos for EUR
EUR/GDP: hit the support, than went up. looks like the support will be tested again
EUR/CHF: tested support
ALL indexes continued the down movement. looks like the support will be broke.
If I would have money I would buy gold !!
A risky trade: SELL USD/JPY 101.03, st=101.74, lim=100
USD/JPY Looks like the desc will resume, after hitting the min again
USD/CHF: a turn for desc is possible
GOLD: increased from FIB50 to near 900 -> bad for $
GDP/JPY: as $, SELL
USD/EUR: cndle looks pos for EUR
EUR/GDP: hit the support, than went up. looks like the support will be tested again
EUR/CHF: tested support
ALL indexes continued the down movement. looks like the support will be broke.
If I would have money I would buy gold !!
A risky trade: SELL USD/JPY 101.03, st=101.74, lim=100
Labels: forex
Subscribe to Posts [Atom]
