22 December 2010

22.12.2010

Dollar index trading at 80.45, just above support and up trend line on 1h timeframe. Oscilator in oversold zone.


Eurusd currently at 1.3140. Dipping lower after testing resistance at 1.3180. Supports stand 1.3060 and 1.3000.


Gbpaud hit 161.8 fibonacci extension.
Interesting Saxo Bank prediction says Audgbp will drop 25% in the next year. You can read more here: http://www.saxobank.com/about-us/press/Documents/outrageous-predictions-2011.pdf


This is last post before Christmas so just want to wish you all Merry Christmas. Also hope that next year will bring all of us only good days and many pips :)

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