Saturday, November 21, 2015

Trade Sequence Follows Trend On CABLE & AUSSIE

AUDUSD

UPDATE: Trade Sequence have Just been Validated As of Nov. 20  24, 2015 US Trading session EST

Anticipating a probable corrective move for the USD are in line with the daily session lows in stocks; the momentum has dwindled as investors digest some relatively bearish reports both in the US retail and ECB Mario Draghi's comments.

The spill over effects from the EURO dented Cable's gain which signaled a probable down turn for the European majors. The resiliency of the USDJPY was still holding above its bench mark levels since the BOJ statements were overshadowed with how investors viewed stocks including the Asian NIKKEI 225 Average staying above the 19850 levels.

AUDUSD Price Recovery & CABLE's Decline
Brief Insight: Behind the Strategy ll 
Trade Sequence Follows Trend On CABLE & AUSSIE

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