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Wednesday, 5 August 2009

EURAUD Still Moving Sideways!

Good evening ladies and gentlemen

I hope you have all had a wonderful day in the market. I have only just checked what has happened in the markets a few moments ago and I was expecting to maybe report back on something more exciting. However, the EURAUD is still moving sideways between the two S and R Lines. We still have a false reading on Stochastics on the daily which is positive so lets see what happens tomorrow. I am not putting up a chart as it won't be much different from yesterday's.

Please do your own analysis.

I will leave you with this relevant reminder "Standing aside is also a position!"

Abundance is your Birth Right

Zaheer Anwari