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- jamesrl replied Nov 23, 2011
Euro stalling at 1.3380 support-turned-minor-resistance. Oscillators/divergence suggest we are heading further north later in the thin Tx-giving session. 1.3420 provides next hurdle and above here 1.3470. A break above this would put the immediate ...
- jamesrl replied Nov 23, 2011
The Aud looks like it could sneak a bit higher yet in thin conditions. First port of call 0.9760 and then 0.9825 - unlikely today - but you never know... suspect sub 0.9700 will now see reasonable support. Dailies still suggest a retest 0.9385 in ...
- jamesrl replied Nov 22, 2011
Ooo err....AUd doesnt like the China PMI number, 48! Wont help at all and 0.9710 not so far away SL now 0.9815
- jamesrl replied Nov 22, 2011
That didnt take long . Should head towards 0.9710 Fibo supprt now but Asia is short/ SL need to be at 0.9850. Euro should give 1.3420 a nudge shortly, which will weigh on the Aud, but watch the HSBC data
- jamesrl replied Nov 22, 2011
Watch out for HSBC China flash PMI in 35 minutes. Around 50.5 appears to be the expectation, but always hard to tell with China numbers. Aud is struggling to hold 0.9800 and if its a weak number will pass straight through. 0.9710 is major Fib support
- jamesrl replied Nov 22, 2011
Story doing the rounds that Dexia bailout is in trouble, which would threaten French AAA rating. Aud would head towards 0.9710 support and Euro would provide a big test of 1.3420 support if it turns out to be the case
- Posts by Member Search: 'jamesrl'