30.03.2011

Usdcad is trading at 0.9720. It is intraday support for this pair. It is also completing bullish bat pattern (one i mentioned few days ago: http://forexoholic.blogspot.com/2011/03/24032011.html)

Euro index trading at 110.77 and approaching supply level. Expecting a correction on the Euro crosses soon.

This week we have Non-Farm Payrolls (http://www.marketwatch.com/story/signs-pointing-to-decent-payrolls-growth-2011-03-27), market will be rather violative so caution is advised.

24.03.2011

Usdcad still trading around 0.9770 waiting for buyers to kick in. There is a possibility of a bullish crab pattern if price drops to 0.9710 and lower which is 161.8 fibonacci extension.

Audusd currently trading at reistance area and down trend line.

Gold is testing historical highs.