Analysis: Looking at the charts we can clearly see that price was in an upwards trend. We've seen price form higher highs and higher lows, until recently when we saw this trend change and price started to make a move to the downside. In our opinion price is still in a long term upwards trend, however the short term trend was to the downside, but we are actually...
Analysis: Looking at the chart we can see that we were in a strong downwards trend however at the start of June we were able to break out of this trend and put in a higher high which shows us that the bears have lost control of the market and the bulls are taking over. We have more confluence that price broke out of this downwards trend when we see that the...
Looking to target 2012/13 Low. Using Moving averages that have crossed - Trade in @1.60415 SL @1.72150 and TP @1.47300
BUYER UPWARD PRESSURE from AUD strength and USD weakness ... Now and pending ...