Aud/Yen in a upwards chanel. Would be looking at re entry @ 83.50 level for intraday.
"In the 20th century, the United States endured two world wars and other traumatic and expensive military conflicts; the Depression; a dozen or so recessions and financial panics; oil shocks; a flu epidemic; and the resignation of a disgraced president. Yet the Dow rose from 66 to 11,497." Warren Buffett
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Wednesday, 25 April 2012
Apple earnings surge 93% add risk to market.
expect S&P testing 1400 level. Dow Jones closed back slight above 13k.
Aud/Yen in a upwards chanel. Would be looking at re entry @ 83.50 level for intraday.
Aud/Yen in a upwards chanel. Would be looking at re entry @ 83.50 level for intraday.
Monday, 9 April 2012
AUD/USD trading 09 - 13 april
Major Events that might impact Aud/Usd.
Monday : Ben Bernanke speaks.
Tuesday : China Trade Balance
Wed : Unemployment Rate Australia.
Any hints on QE (not likely) will push this pair above 1.0380 level . Trade call , Long position to be take at 1.0340 .. TP @ 1.0380. SP 40 pips.
For bearish trader, short @ 1.0280 , Tp& sp 40 pips respectively.
Regards
Pips farmer.
Monday : Ben Bernanke speaks.
Tuesday : China Trade Balance
Wed : Unemployment Rate Australia.
Any hints on QE (not likely) will push this pair above 1.0380 level . Trade call , Long position to be take at 1.0340 .. TP @ 1.0380. SP 40 pips.
For bearish trader, short @ 1.0280 , Tp& sp 40 pips respectively.
Regards
Pips farmer.
Sunday, 11 March 2012
Bullish call on S&P 500.
A chart Nikkei225/ S&P for this year 2012. With euro debt crisis receding, I see S&P to 1400 level as we seen better US jobs data and employment slight at 8.3% . Iran and high oil prices seem as the immediate risk to US Equities.
Regards
Pipsfarmer.
Regards
Pipsfarmer.
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