lundi 13 avril 2015

End of Day Technical Summary – 13 April 2015

► EUR/USD: today the Euro ends in a spinning top doji at dynamic support of the lower Bollinger band. We may see a retracement tomorrow but we remain STTS Short from last week looking for recent low to be re-tested.

Technical Recommendation: We are Short. Position 210 pips in profit.

► GBP/USD: last week we said to expect 1.4634 support to be re-tested. This happened on Friday and price retraced today. Looking at the monthly chart, the next support is at 1.4230 and we believe price will attempt a re-test of it.

Technical Recommendation: Look for a Sell signal at the EMA layer.

► AUD/USD: today the Aussie broke down as we discussed over the weekend in our STTS Analysis Video for our Subscribers, where we stated we were looking to Short. Unfortunately, as the market gapped down at the open we waited for a pull back which did not materialze and missed the shorting opportunity. Now that price has once again reached 0.7570 support we will be watching what happens at this crucial level.

Technical Recommendation: Stand aside.




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End of Day Technical Summary – 13 April 2015

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