Monday 4 March 2013

Setups I am watching

Hope you all had a nice weekend and recharged your batteries for this week. I hope this week brings us a lot of pips and points :)

News out of China are not conducive to risk at all. Just a quick look at Hang Seng index confirms a downtrend break and it currently is sitting at a support.So better hold at 22440. Accordingly, Ozzie and New Zealand Dollars are also having rough time  

AUDUSD Weekly
 Daily
4 hourly

NZDUSD Daily

USDJPY Daily
 4 hourly

AUDJPY Daily
 4 hourly

 EURJPY 4 hourly

Finally Dax30 - German export powerhouse is showing signs of exhaustion....no wonder given what is happening to Hang Seng. Get the chute ready?

Good luck

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