Monday, April 7, 2014

Trading Week:7th April (pm)

Monday 7th April (4 pm)
The Asian session has been fairly quiet. 

ASX 200: The Aussie markets opened lower but recovered some of their losses to close down just 12.3 points but above the whole number support of the 5,400 level. Price is still trading just below the breakout 61.8% fib level though. One might have expected more of a sell off here given trading from Friday in the US but, not so:

S&P500: this is trading lower in pre-market. I'm watching for any sustained follow through following Friday's carnage:


Indices: 
USDX: some weakness creeping in:


EURX daily: daily support trend line nearby:



Open TS signals:
AUD/NZD: this signal has closed off now:

I have an order to long at 1.075 though which I am keeping open: 
GBP/AUD:

Gold: not doing too much just yet: 

EUR/AUD: signal still going BUT I am wary with 61.8% fib offering support:
E/A 4hr: 

E/A daily:

A/U: not moving too far just yet. Tomorrow's NAB Business Confidence data might trigger some movement here:

Other FX:


U/J: a TS signal is trying to build here but I need the next 4 hr candle close which now, with daylight saving changes, is not until 7 pm.


E/U: holding above 1.37 support for now: 

E/J:  heading for triangle support:
E/J 4hr:
E/J daily:

NB: I am still away and updates will be brief and less frequent.

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