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26 November, 2014

DAILY ANALYSIS

A/U: has made a daily close below major support. I’m watching for any weekly/monthly close below this level before any short. If monthly candle closes here at the end of the week. A close below the  50% fib support would suggest bearish continuation.



AUD/JPY: looking bearish and gave a new  signal BUT I’ll wait to see if price closes below the 4hr 78.6% Fibonacci level





Cable: We are having triangle pattern and a break above 1.57376 would give us continuous move up but if we see rejection at this level...then the trade would give a retest of previous support which is either 50% or 38.2% fib level




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