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31st Jan - AUD/USD Bears Challenge Channel Base

31 January 2014

WEEKLY CHART:

The medium/long term channel base projection provided earlier support – recent weakness has seen a return to this, with the likelihood of a break lower.

DAILY CHART:

The Aug-13 low support area has yielded now, with bears driving lower. Interesting supports here include a Fibo projection at 0.8245 and the bear channel base projection around 0.8100 currently.

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30th January 2014 - The big trends are intact but sit on your hands

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31st Jan - Natural Gas Enjoys Buoyant Motion

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