Interesting to note that the US dollar which is moving up again. I think its possibly forming a mini head and shoulders with a possible top around 80. Tricky trading this should give an oppertunity for some shorts in the near term or some more longs if the pattern happens.
http://stockcharts.com/h-sc/ui?s=$USD&p=D&yr=1&mn=0&dy=0&id=p89234409778
Anyway the USD is looking like a shorterm long at the moment. Longer term I'm still looking at a target 71.50.
I just don't see the USD getting strong unless the markets totally crash and they buy it for safety hehe!
The Euro could get sold down to the lower part of the trading range around 1.37. Still think the euro is a longer term long.
So still staying with the longs in commodities and AUD. I'm out of the Euro. No position in any index at the moment.
- Forums
- ASX - By Stock
- XJO
- and now its tuesday
and now its tuesday, page-24
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add XJO (ASX) to my watchlist
|
|||||
Last
7,953.2 |
Change
-36.400(0.46%) |
Mkt cap ! n/a |
Open | High | Low |
7,989.6 | 7,989.6 | 7,894.3 |
Featured News
XJO (ASX) Chart |
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online