Hot-Charts
Revisiting Aussie Upside
by
Mar 10, 2009 12:34
Aussie appears at the cusp of exploiting broad gains amid a modest advances in risk appetite as the currency is characterised with superior structural foundation and yield foundation. Each of my calls on HotCharts favouring AUDCAD (Feb 16) and AUDCHF (Mar 3) attained their upside targets. Today, AUDCHF is underpinned by a more attractive momentum and fundamental positioning, eyeing 74.65, (23% retarcement of 79.32-73.10 decline, followed by 75.25. This weeks Swiss National Bank rate decision may generate speculation on credit easing, which is a negative for CHF. Support stands at 72.90.
More Hot-Charts
-
Bitcoin versus Miners Performance
Apr 9, 2024 16:02 | by Ashraf LaidiAs many of you know 2023 was kind to members of our WhatsApp Broadcast Group who snapped up shares in bitcoin miners, while 2024 has so far been more superior to Bitcoin than most of the miners... -
Gold, Bitcoin, USD Combo
Jun 22, 2023 16:46 | by Ashraf LaidiI mentioned last week on here on how and why both gold and USD are falling together. Since then, the trend accelerated alongside another detail. -
تفسير مراحل الذهب
Mar 17, 2023 21:28 | by Ashraf Laidi.
Comments
(Showing latest 0 of 0)
View All Comments
Report Reply