We kicked the Aussies back side on the rugby and cricket field this past weekend …….so well done to the Springboks and the Protea`s !!!
Trading wise…..here is a quick market overview:
………………………………………………………………………………………
1) Euro Index on the 4 hour chart:
Current long zone between 100.68 and 100.43…..areas at 100.56 and 100.44……Possible counter shorts from 101.25.
2) Euro/Dollar on the Daily chart:
Still stuck in that triangle of the last two months.
3) Euro /CAD on the Daily chart:
Current long zone between 1.4652 and 1.4516…..areas at 1.4652 and 1.4639 and 1.4618……Possible counter shorts from 1.4925
4) Euro/Aussie on the 4 hour chart:
Current short zone between 1.4675 and 1.4731…..areas at 1.4684 and 1.4705……Possible counter longs from 1.4581/64.
5) Euro/ JPY on the 4 hour chart:
Current short zone between 114.22 and 115.29…..areas at 114.00 and 114.34……Possible counter longs from 111.87
6) Euro/GBP on the 4 hour chart:
Current long zone between 0.8666 and 0.8625…..areas at 0.8664 and 0.8624……Possible counter shorts from 0.8739 and 0.8763
7) GBP/Dollar on the 4 hour chart:
Current short zone between 1.2949 and 1.3002………areas at 1.2965 and 1.2976 and 1.3000……Possible counter longs from 1.2843 and 1.2823.
8) GBP/JPY on the weekly
Sitting on my hands……we are at a key support level as we have the monthly and weekly 200 EMA`S currently giving support.
9) Aussie/Dollar on the 4 hour chart:
I am keeping an eye on the WR1 pivot at 0.7706 for a possible short set up………..and a possible long from the 200 and 55 EMA`S at 0.7598/0.7587
10) Aussie/JPY on the daily chart:
Don’t like the 4 hour at the moment….looking at the daily then we have a top at 79.00 where I will look to short from and 75.99 where I will look to long from
11) Dollar/JPY on the daily chart:
Current short zone between 102.22 and 103.27…..areas at 101.75 and 101.94 and 102.08……Possible counter longs 100.11 and 99.52.
12) USD/CAD on the daily chart:
I am keeping an eye on the monthly main pivot and all those EMA`S at 1.3080 area for support…..
13) Dollar Index on the Daily chart:
Still trapped in that triangle I showed you last week
I will be back with an comprehensive Earth and Sky analysis tomorrow morning
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