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Yen Pairs may Dip Lower

Posted 11-08-2009 at 10:27 PM by Auslanco
USDJPY weakness is expected this week and we may see a strong bearish move on carry trades.


EURJPY Sell Entry Area 134.60
Stop Loss 135.77
Target 130.60

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GBPUSD Weakness may continue.

Posted 10-28-2009 at 09:50 PM by Auslanco
Updated 10-28-2009 at 09:54 PM by Auslanco
GBPUSD: Current Price 1.6362

After a quick stop hunt spike towards 1.6475 region , GBPUSD is likely to fall towards 1.6100region.

Sell entry Area 1.6470
Stop Loss 1.6560
Target 1.6100


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Monday 26th OCT : EURUSD Bearish Correction.

Posted 10-26-2009 at 12:25 AM by Auslanco
EURUSD: Current Price 1.5030
After failing to break 1.5050 region EURUSD is likely to test 1.4950 area. Stop loss at 1.5065

GBPJPY: Current price: 149.32
After a quick stop hunt spike towards 149.90, A strong retarcaemant is due on GBPJPY up towards 150.20, during the late London session.


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Futher USD Weakness

Posted 10-19-2009 at 01:04 AM by Auslanco
Current Prices:

EURUSD 1.4874
GBPUSD 1.6324

Further USD weakness on Other majors are expected this week.

A strong move upwards expected on

EURUSd towards 1.5100 ( likely move towards 1.5400 before end of the month)
GBPUSd towards 1.6700
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Auslanco offers over four years of experience as a full time forex trader. His trading style is intraday and short term swing, based on technical analysis. Auslanco will be providing technical analysis on all the major and the main crosses as well as the Down Jones and Crude Oil.


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