Sunday, July 31, 2016

ON THE CCY CORNER: New AUG Month in Asia Session

AUSSIE KIWI OVERLAY
There were valid reasons why we have chosen both the AUSSIE & KIWI, (dated July 20) nearing the new month of trading activity in August. The percentage of these two pairs are remarkably showing ideal signals after the decline; than the rest of the pack. A pivotal price point has been established and a potential move is in the making. This showed how the new Asian opening of August have initially dictated price flow that could take the lead in the next few trading activity.

And its just the 1st opening trading day in Asia and the market is showing some real good trade signals. Due diligence required to keep a keen eye on the market potentials now.

1 comment:

  1. UPDATE as of AUG 09; AUSSIE continues @0.7660 as of this writing. VALIDATING market call July 31, 2016.
    " A pivotal price point has been established and a potential move is in the making. "

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