Monday, May 11, 2009

short nzd/usd @ 0.5980
closed @ 0.5902 for +79 pips

Bearish price action around strong support/resistance level 0.6000. Also, bearish MACD divergence.

Daily


Weekly

Sunday, May 10, 2009

long eur/cad @ 1.5729
closed @ 1.5824 for +95 pips

Bullish engulfing pattern at swing low.

Daily

long eur/aud @ 1.7798
closed @ 1.7800 (stopped out) for +2 pips

Bulish price action on daily; weekly shows recent support.

Daily


Weekly