Revisiting Aussie Upside

by Ashraf Laidi

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

• Nasdaq 29700 to 29750

  Jun 9, 2026 12:29 | by Ashraf Laidi
  The 3 hr chart on Nasdaq highlights the importance of the 29700/50 region, serving as as a high on May 14/15, low on May 28 and Monday's high.

• Gold Not in a Hurry

  Jun 2, 2026 14:21 | by Ashraf Laidi
  سأرسل رسالة صوتية و كتابية توضيحية لأعضاء مجموعة الواتساب الخاصة حول هذه المخططات - Will send detailed note on latest parameters to our WhatsApp Bdcst Group...

• USDJPY and EURUSD

  Apr 22, 2026 11:57 | by Ashraf Laidi
  سأرسل رسالة صوتية و كتابية توضيحية لأعضاء مجموعة الواتساب الخاصة حول هذه المخططات - Will send detailed note on latest parameters to our WhatsApp Bdcst Group...