AUD/JPY, AUD/USD, NZD/USD, NZD/JPY and USD/ZAR...
Published on Tuesday April 27th, 2010 at 06:36AM by HonEB
Wow, I woke up this morning to a site of red on all across the board (blue with USD/ZAR). So I've been scrambling to get my technical analysis plotted on all the charts. We have some important news on on the calender today AUD CPI which is which is expected to rise by 0.9%. Over the last few months CPI has been as expected or better so it will be interesting to see what today's numbers will read. We will also see the NBNZ Business Confidence today as well. I've been reading in the news that todays move maybe due to a some risk aversion, fueled by some concerns ove the European Union/Greece bailout package. I guess there is still some concerns about Greece's ability to come up with a plan to get their deficit under control. So I think I maybe treading carefully when deciding which pair to work with or even if I will bother with getting in at all. I have a few possible trade plans in the works. Unfortunately, I don't have the time to document all. I will share my plan as soon as I commit to anything.Any suggestions or thoughts would be most helpful ;-)

On Tuesday April 27th, 2010 at 06:25PM by keicadelina - Like - 0 People
On Tuesday April 27th, 2010 at 08:36PM by HonEB - Like - 0 People
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