fxsurprise8的博客

Avatar

Aussie Back on the Offensive

The Australian Dollar is back on the offensive. This month we got yet another test of the important resistance in the 0.7700 – 0.7800 area. Prices peaked at 0.7749 this time around before pulling back.
However the move lower wasn’t Aussie specific but happened on general risk aversion across all markets. This gives me reason to think that the next time prices rally toward the resistance we could get a breakout above.
Our final chart above shows this resistance area. You can see that it’s been …
阅读全文
翻译为 英语 显示原始
留言
Avatar

Buying the Pullback?

With the Brexit panic subsiding , the GBP/USD could finally find a bottom. On the 4 Hour chart below we see an interesting formation. We were in an upward trend which then stalled on some post-Jackson Hole Dollar gains. But now we're moving back up again. This could be a classic buy the pullback opportunity.
Another reason why more gains may follow is the oversold situation in Cable. On the weekly chart below we can see how unrelenting and one-sided the selling has been since 2014. We're now dow…
阅读全文
翻译为 英语 显示原始
留言