Monthly chart looks like that Australian is drowning!

...some think that about now may be a bit of a turnaround. Would be nice to get a 100 pips or so...

Daily Technical Analysis for EURUSD as at 21st December 2012
DAILY OVERVIEW
Trend : Long
Ambush Zone : 1.3090 – 1.2965
Target 1 : 1.3310
Target 2 : 1.3385
Stop : < 1.2875

http://www.acfx.com/content/images/analysis/Dec%2012/2112/eur.gif

Comments
EURUSD is trading off the highs. We are monitoring the price action and will assess the current market state if there is a retracement initially to the 8 period moving averages and then the Fibonacci support area.

Definitions
Trend : Current trend as defined by technical Swing Analysis
HH : Higher High
HL : Higher Low
LL : Lower Low
LH : Lower High
CofT : Change of Trend


Daily Technical Analysis for GBPUSD as at 21st December 2012
DAILY OVERVIEW
Trend : Long
Ambush Zone : 1.6155 – 1.6065
Target 1 : 1.6305
Target 2 : 1.6620
Stop : < 1.6000

http://www.acfx.com/content/images/analysis/Dec%2012/2112/gbp.gif

Comments
GBPUSD is trading off the highs. We are monitoring the price action and will assess the current market state if there is a retracement initially to the 8 period moving averages and then the Fibonacci support area.

Definitions
Trend : Current trend as defined by technical Swing Analysis.
HH : Higher High
HL : Higher Low
LL : Lower Low
LH : Lower High
CofT : Change of Trend


Daily Technical Analysis for Gold as at 21st December 2012
DAILY OVERVIEW
Trend : Short
Ambush Zone : 1675 – 1705
Target 1 : 1635
Target 2 : 1590
Stop : >1725

http://www.acfx.com/content/images/analysis/Dec%2012/2112/gold.gif

Comments
Gold continues to trade lower. We are monitoring the price action for potential shorting opportunities at the 8 period moving average and Fibonacci resistance.

Definitions
Trend : Current trend as defined by technical Swing Analysis
HH : Higher High
HL : Higher Low
LL : Lower Low
LH : Lower High
CofT : Change of Trend


Daily Technical Analysis for Oil (WTI) as at 21st December 2012
DAILY OVERVIEW
Trend : Short
Ambush Zone : 88.80 – 91.50
Target 1 : 84.00
Target 2 : 77.25
Stop : >93.65

http://www.acfx.com/content/images/analysis/Dec%2012/2112/oil.gif

Comments
No change from yesterdays positing. Oil is now trading within the Fibonacci resistance area. We are monitoring the reaction at these levels. A weak down thrust will put further question marks on our short technical bias.

Definitions
Trend : Current trend as defined by technical Swing Analysis
HH : Higher High
HL : Higher Low
LL : Lower Low
LH : Lower High
CofT : Change of Trend


Daily Technical Analysis for USDCHF as at 21st December 2012
DAILY OVERVIEW
Trend : Short
Ambush Zone : 0.9230 – 0.9320
Target 1 : 0.9085
Target 2 : 0.9040
Stop : >0.9380

http://www.acfx.com/content/images/analysis/Dec%2012/2112/chf.gif

Comments
We continue to monitor possible selling opportunities initially at the 8 period moving average followed by Fibonacci resistance.

Definitions
Trend : Current trend as defined by technical Swing Analysis
HH : Higher High
HL : Higher Low
LL : Lower Low
LH : Lower High
CofT : Change of Trend


Daily Technical Analysis for USDJPY as at 21st December 2012
DAILY OVERVIEW
Trend : Long
Ambush Zone : 83.15 – 82.35
Target 1 : 84.60
Target 2 : 85.50
Stop : <81.65

http://www.acfx.com/content/images/analysis/Dec%2012/2112/jpy.gif

Comments
We continue to monitor possible buying opportunities initially at the 8 period moving average followed by Fibonacci support.
Definitions
Trend : Current trend as defined by technical Swing Analysis
HH : Higher High
HL : Higher Low
LL : Lower Low
LH : Lower High
CofT : Change of Trend

Aussie vs USD has great correlations with /ES, good to have this on your RADAR when trading Forex.

Good Luck To All

anyone trading audusd, looking for some help with forex, want to be able to find good entry and exit.

youtradeFX Daily Signals

AUD-USD

SELL AT: 1.02150
T.P: 1.01700
S.L: 1.03500



2012 Best FX Education Award-Winning investment firm youtradeFX

Hot Daily Forex Signals:

AUD/USD

BUY AT: 1.03942
T.P: 1.05385
S.L: 1.01750



2012 Best FX Education investment firm YouTradeFX

This pair broke correlation with the markets a few days ago. However, if the markets do pull I'm seeing this pull under its 200 day moving average. Chart and details: http://bit.ly/zTzZQC

Hey JER1, you still trading aud/usd?

AUD/USD has been on a nice uptrend

No video came up. but i trade a little bit yesterday and made $84.

Same to you! Not sure Why it's not working but I don't think you have to wait to watch the video as soon as you imput your Email you shold be able to watch the video on the link I gave you.



JER1

Hey Jer1, I hope your having a wonderful Thanksgiving. I tried going the link but it's asking for my email but I haven't received any email back, I would like to watch the video today

WOW! that's the type of money I want to make. Yes I hope to learn from the videos you told me about and start trading.
Thank you! and happy thanksgiving to you too!

Good Stuff, Just closed a couple of the short lots from the 1.07-1.06 range I opened around the 27 Oct for close to $20,000.

As You can see that is why I like the long term Trades as they pay a lot more over time.

I do have short lots that I will continue to ride as I think we are headed to .93 or lower IMO


Any have a nice Thanksgiving!




JER1

Hey JER1, no I haven't been chilling on forex, want to look at those video you recommend before I start trading forex again.

AUD/USD Technical Report 11.11

AUD/USD: The latest break and close back below 1.0200 further solidifies the core bearish outlook and now opens the door for an acceleration of declines back below parity. From here wee see risks for a complete and full retracement back to the October lows at 0.9385 and any intraday rallies should now be very well capped below 1.0300 on a daily close basis.
















Joel Kruger, Technical Currency Strategist
www.fxcm.com

Chart Showing A HARD Fall on the Way here

Great Videos on understanding FOREX Chart Trading!


Watch this one first~

http://forexforprofits.kajabi.com/fe/16174-the-truth-about-forex-trends


Then watch his second~

http://forexforprofits.kajabi.com/fe/16300-3-powerful-price-patterns




JER1

Adding to my Short here

Time to short!