Wednesday, 10 February 2010

Update

YMH0 - still  sideways  below 9995 and 38.2 fib, indicators  are +ve  but  not  really  saying much.

Xau/Usd - Broken previous res. @ 1074 and held  for the moment at  ma´s  144/130 ema´s and more importantly 200 lwma.  Break back through 1074 spells  more sideway chop. A break thru the ma´s and 50 n 61.8 fibs  will  be tgted.

Xag/Usd - 15.35 caps.. above tgts 15.47 hrly 100ema  and 38.2 fib.A break through 15.15 sends us  back  lower.

USDX - Currently holding at daily S2 and  minor retracement channel bottom. 200 sma  comes  in  lower  near the 61.8 fib.

Eur/Usd -  not really anything to write home about just here.

Gbp/Usd - cable  doin  what  cable  does....nothing  until  it  goes bezerk outa  nowhere.Eur/Gbp main influence again today.

Aud/Usd - got out of that quickly and neatly, 0.8780 will be the point to watch for another go at adding to shorts.

Usd/Chf - 1.0640 will be key near term support level.

Usd/Cad - 1.0660 daily up trend channel and 50 fib has held although hourly indicators remain bearish.. wait fr this one.

Yen crosses - same as Yen Cross Update.