DAILY FORECAST FOR AUDJPY
Posted 11-08-2009 at 10:21 PM by FX-Forecaster.com
Bias: This still looks firm and while 83.10 supports a move above 83.48 will extend gains to 84.02 at least
This morning has seen Friday's gains extend to 83.48 and it seems like we're going to retest the 84.02 high. We'll have to be careful here as a corection is possible at this high. Therefore, only breach at 84.02 would maintain the bullish momentum for 84.33 and 84.61 at least. Take a little care here. Breach suggests a test of 84.61 at least. Also note the 85.31-44 resistance.
Please view the complete analysis in the attached PDF file.
For a full description of how to use the analysis please see the Analysis page of my website. The prior day's set ups for potential trading levels highlighted in the report are now available on the Daily Forecast page of my web site along with a low cost new package.
This morning has seen Friday's gains extend to 83.48 and it seems like we're going to retest the 84.02 high. We'll have to be careful here as a corection is possible at this high. Therefore, only breach at 84.02 would maintain the bullish momentum for 84.33 and 84.61 at least. Take a little care here. Breach suggests a test of 84.61 at least. Also note the 85.31-44 resistance.
Please view the complete analysis in the attached PDF file.
For a full description of how to use the analysis please see the Analysis page of my website. The prior day's set ups for potential trading levels highlighted in the report are now available on the Daily Forecast page of my web site along with a low cost new package.
Total Comments 0
Comments
FX-Forecaster.com
Consistent forecasting of price movement in today's Forex market is a forgotten art
that requires a deep understanding of price structure and development. The Daily
Forecaster is a comprehensive report that guides traders through the trading day
and is based on an integrated blend of techniques perfected by veteran analyst Ian
Copsey. Based on the techniques described in his popular book "Integrated
Technical Analysis" (published John Wiley and Sons.) Ian provides his unique and
insightful 9 page daily report to a wide range of traders which currently includes
hedge funds to banks and retail traders. Take a free trial to see why so many traders
rely on his unique analysis.
Consistent forecasting of price movement in today's Forex market is a forgotten art
that requires a deep understanding of price structure and development. The Daily
Forecaster is a comprehensive report that guides traders through the trading day
and is based on an integrated blend of techniques perfected by veteran analyst Ian
Copsey. Based on the techniques described in his popular book "Integrated
Technical Analysis" (published John Wiley and Sons.) Ian provides his unique and
insightful 9 page daily report to a wide range of traders which currently includes
hedge funds to banks and retail traders. Take a free trial to see why so many traders
rely on his unique analysis.
