Good morning. Dollar is under pressure across the board as Germany’s Constitutional Court is expected to give its approval today to the euro zone’s new bailout fund. Tomorrow’s Fed meeting is another important event that is currently putting weight on the dollar.
EURUSD
Market sentiment: intraday – bullish, short-term – bullish
Potential trade strategy: to hold long, target at 1.30
EURUSD daily 9-12-2012
EURCAD
Resistance at 1.25 is still under pressure but yesterday’s fast recovery suggests that a breakout is underway
Market sentiment: intraday – bullish, short-term – bullish
Potential trade strategy: to buy on break of 1.2500, target at 1.2750
EURCAD daily 9-12-2012
AUDUSD
Aussie dollar continues recovery, aiming towards 1.0530 which is the first resistance
Market sentiment: intraday – bullish, short-term – bullish
Potential trade strategy: to hold long, stop below 1.0400, target at 1.0530
AUDUSD daily 9-12-2012
AUDJPY
Resistance at 81.75 is in focus as AUD recovers after a correction to 80.80.
Market sentiment: intraday – bullish, short-term – bullish
Potential trade strategy: to buy on break above 81.75, target at 83.40/50
AUDJPY 4hrs 9-12-2012
GBPAUD
Pound’s recovery against the AUD has been strong lately and there’s a good chance that current decline to 1.5350 is only a correction
Market sentiment: intraday – bearish, short-term – bullish
Potential trade strategy: to buy dips in the 1.5300-1.5350 region, target at 1.5600
GBPAUD daily 9-12-2012
have a great day
hi
i have a question: where did you find this mommentum indicator for mt4?
thank you