Aussie Opportunities

So last week we were looking at a number of Euro pairs and all rallied as expected. Whilst I didn’t manage to enter them all, I did get some Euro action. This week I’m watching a few Aussie pairs for longer term trades and the ones to watch are AJ and AN.

AUDJPY – Short

AJ has engulfed a few decision points on the daily chart and I’m looking for a move lower. There are clear green candles below indicating profit potential which looks great. If we get a nice looking supply on the lower time frames, we may have a trade on.

2014-11-30 AJ Short D1

 

AUDNZD – Long

There’s a daily demand level on AN which has had a nice approach with clear red candles. There was an entry signal last which and with the market closed we’ll have to wait to see how that works out. If price breaks below the daily demand then there could be a short trade as there is profit potential below too.

2014-11-30 AN Long D1

Video

Detailed Analysis

Members can click here for the detailed analysis which looks at the lower time frame levels we are watching to confirm entries. We also analyse the markets for short term trades. If you do not have access to this premium content then you can find out how to sign up here.

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