Friday, December 7, 2012
Update to Aussie Dollar
Attached is the 50-day chart of the ADZ2
Although we
did trade as high as 105.08, we were unable to hold those
gains and settled at 104.66. This was a bit disappointing and leaves us on the sidelines as we go into the NFP number
this morning. A weak number is widely anticipated and probably
will be explained away as a result of super storm Sandy.
The ADZ2 chart still looks constructive and we would adopt a
bullish bias on a close above 104.80. If we get in, our stop
loss is still at 104.20. Initial upside target is 105.40.
Thursday, December 6, 2012
HFT Bonds Daily Video Analysis with @GCavaligos December 6, 2012
HFT Bonds with Daily video from Bonds Strategist, George Cavaligos. Take a look at what we do here: http://tinyurl.com/cxr5s6b Visit our website www.HamzeiAnalytics.com or contact us at HFT_Bonds@HamzeiAnalytics.com for details of our service.
Update to our Aussie Dollar Trade
Attached is the 50-day chart of the ADZ2.
We are
currently trading at 104.88, just above the 104.75 resistance level. We have mentioned the last few days...if we are able to hold
these gains and settle above 104.75, we look for another leg
higher..to at least the sept 14 high of 105.37...if in,
our stop loss is a settle below 104.25....there is still a belief that a compromise can be reached in Washington and that
global growth, particularly in China will be steady,
although unspectacular.
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