The CAD and JPY presented a Sell signal at 9:00. CAD met its target swiftly and the JPY did not quite make its downside target. All the other currency pairs ranged within the high and low levels until 11:45 when there was a sudden burst of activity: GBP and EUR triggered Buy signals and their upside targets were met. The CHF fell but only just triggered a Sell signal which then failed. AUD behaved fairly normally by giving a Buy signal and moving steadily towards its upside target.
Wednesday, 5 November 2008
Wednesday Wrap Up
The CAD and JPY presented a Sell signal at 9:00. CAD met its target swiftly and the JPY did not quite make its downside target. All the other currency pairs ranged within the high and low levels until 11:45 when there was a sudden burst of activity: GBP and EUR triggered Buy signals and their upside targets were met. The CHF fell but only just triggered a Sell signal which then failed. AUD behaved fairly normally by giving a Buy signal and moving steadily towards its upside target.