Market Equilibrium Report:
Time of generation: 11/10/2011, 19:30 PM, GMT +10
Time now is: 11/10/2011, 19:30 PM, GMT +10
Pair: AUD/USD
Trigger: 0.9940
Operation: Short
*Probability: 68%
Short term target: 0.9870
**Medium term target: 0.9800
**Long term target: 0.9750
(*Based on 10,000 simulations)
(**Diminishing possibility as time period enlarges, all intra-week based)
This seems to coincide with a little surge of dollar index for the past few hours, so there is a decent chance for risk aversion to kick in again. IMO this pull back might be short lived as market sentiment is looking to the positive side more and more, so trade carefully.
Happy Trading!!!
Time of generation: 11/10/2011, 19:30 PM, GMT +10
Time now is: 11/10/2011, 19:30 PM, GMT +10
Pair: AUD/USD
Trigger: 0.9940
Operation: Short
*Probability: 68%
Short term target: 0.9870
**Medium term target: 0.9800
**Long term target: 0.9750
(*Based on 10,000 simulations)
(**Diminishing possibility as time period enlarges, all intra-week based)
This seems to coincide with a little surge of dollar index for the past few hours, so there is a decent chance for risk aversion to kick in again. IMO this pull back might be short lived as market sentiment is looking to the positive side more and more, so trade carefully.
Happy Trading!!!