update

look to move the eur/chf to breakeven when over 14281 but still use the 14250 as guide on a close, the cad has moved onto the 10150 support so key for it to build support if next leg higher, I still have a bit left from 10070 at breakeven that I didnt clear at 10180…

Weekly Forex Outlook

This week we have the Health care bill to contend with. The bottom line is like it or not we at least have some finality to this story and the markets can begin to focus on other things. We also have the PIGIS issue still very much in the news. Here too either way it…

AUDUSD Sell at .9192


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Trade posted to TAP at  10:55am ET. Sell AUDUSD at .9192. Technical confirmations: Potential 4 hour head and shoulders, resistance and support at 9190, fib of previous downtrend on the 1 hour chart.

AUD/USD Chart Picture

Tuesday

Cad support above 10150, as long as holds look for move to 10240’s and a break there to see the 103 handle. eur visited the support area again, and yesterday did get bounce towards the 13570 area, if lower into 13450-70 first will look to buy a hold  looking for 50-80 pips, stop under 13430. …