Posts Tagged ‘risk’
GBPUSD – Vulnerable, Consolidates
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Thursday, 17 February 2011 10:49
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GBPUSD The pair is vunerable to the downside as long as it holds within its symmetrical triangle (clearly seen on the weekly chart) and below the 1.6272 level. A firm break and hold above the latter is required to open further upside risk towards its Nov’2010 high at 1.6298.

 
AUDUSD: Bear Threats Yet To Be Over
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Wednesday, 16 February 2011 13:15
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The pair sold off on Tuesday wiping out its two-day gains to close at 0.9967. This development now leaves a risk of further declines towards the 0.9866 level, its Feb 11’2011 low and the 0.9804 level, its Jan 11’2011 low where a halt is expected. Further weakness below there if

 
Trade Idea Update: USD/JPY – Sell at 84.10
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Wednesday, 16 February 2011 09:47
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Despite retreating after yesterday’s rise to 83.93, reckon the Ichimoku cloud top (now at 83.39) would limit downside and near term upside risk remains for recent upmove from 81.10 to extend one more upmove later, above said resistance would extend to 84.05/10 (50% projection of 81.77 to 83.68 measuring from