Posted at 21:05h
in
AUD,
EUR
by RS2OOO
On scanning through the charts last night shortly after futures opened I selected a number of potential Swing Trade candidates worthy of further analysis. My thoughts, as posted on the
ADVFN
forum were as follows:
AUD:CAD - Potential Swing short
GBP:USD - Swing Long, but not yet, see Weekly chart
USD:CHF - Possible falling wedge, confirmation should come quickly
AUD:CHF - At support ready for Swing Long
GBP:CHF - A speculative Swing long if it finds support as it's still not hit my upside target set early last Year
CAD:JPY - Maybe a short, but no confirmation yet and my fib levels are a bit hit and miss, but keeping an eye on it.
EUR:AUD - For a short term trade on the short side if we can get an hourly close below current support - which is where price is right now (23:00 1st Jan), doubled up with the hourly 200 MA. If both of these fail to support price, should see more downside.