Top
New York  London  GMT  Tokyo  Sydney 
Browse > Home / All, Americas, Mkt Talk, Regions / AUD/USD eyes Fibo resistance

AUD/USD eyes Fibo resistance

By   || June 9, 2010 at 12:56 GMT
|| 12 comments || Add comment

The AUD rally is looking a tad stretched this morning but as risk appetites return it may have a bit more upside before it takes a breather.

The next area of resistance for the pair is at 0.8353, the 61.8% retracement of the 0.8519/0.8085 drop. Further, more solid, resistance lies in the 0.8365/70 region.

6-9 aud

Share and Enjoy:
  • RSS
  • Facebook
  • Twitter
  • LinkedIn
  • email
  • Print
  • Add to favorites
  • del.icio.us
  • Digg
  • NewsVine
  • StumbleUpon
Category: All, Americas, Mkt Talk, Regions
Tags:

Add a comment

12 Responses to “AUD/USD eyes Fibo resistance”

  1. pfd on June 9th, 2010 13:05 GMT

    Please graphics and U / J ,U / J,, G / U if you have time…

  2. zekelogan on June 9th, 2010 13:10 GMT

    Thanks Jamie, I’m going to move my stop up 20 pips to .8370 in an attempt to stay in ;) The AUDJPY hedge is trading well so it’s worth it. Good afternoon Blackie! Did you watch the flick yet?

  3. Blackday on June 9th, 2010 13:24 GMT

    Eh up, Zeek (I take it that’s the pronunciation?) I watched the trailer on the IMDB web site but as yet, no one’s seeding ;)

    Other than that, I had a feeling we’d see a large consolidation period after last week’s leg down and the spare time I thought I’d get has been taken up by Étant Donnés redux.

  4. zekelogan on June 9th, 2010 13:35 GMT

    That’s it ;) I’m hoping it’s all one BIG consolidation for my 401K’s sake… Duchamp? Did Lilac pass on my info to you? Can’t fault her if not, she’s so darn busy, and abroad now as well if I’m not mistaken… hit me up at (my screenname) @ hotmail

  5. Blackday on June 9th, 2010 13:39 GMT

    She’d gone dark, probably for the same reason I mentioned; the market will tie us up in knots otherwise. I know she has a company to run to and it’s all hands on deck as far as I’m aware. Duchamp’s the one ;)

  6. zekelogan on June 9th, 2010 14:01 GMT

    No rest for the wicked awesome (in my best Boston accent ;) ) Furthering our black magic convo, I’ve been toying with Ehler’s center of gravity . Like W%R, it seems to behave fairly well. That painting is beautiful btw. Wow.

  7. Blackday on June 9th, 2010 14:22 GMT

    Splendid (in my best plummy accent ;) ) I have a centre of gravity indicator somewhere, picked up from a Metatrader forum. I’ll have to dig that one out …

    PS http://www.zoecoates.com/after-duchamp.htm – I’ve since removed her from my back garden ;)

  8. zekelogan on June 9th, 2010 19:48 GMT

    Thanks yet again for the good info JC…. Don’t know what I’d do without you guys… Well I do, but it would suck ;)

  9. Jamie Coleman on June 9th, 2010 19:58 GMT

    Thanks, Zeke– that one worked out fairly well…

  10. zekelogan on June 9th, 2010 20:07 GMT

    I wish I hadn’t tossed my old spreadsheets…. I could literally put a marker on my equity curve and label it BFL & AFL (before forexlive and after forexlive) ‘Twould be great for the next online talk you give…. ;)

  11. Jamie Coleman on June 9th, 2010 20:33 GMT

    That’s a great testimonial, thank you

  12. lilac on June 9th, 2010 22:36 GMT

    Evenin’ chaps!
    Duchamp can go whistle.
    Still sneezin’ in some corner that is forever England über alles ;)

Bottom