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Price exhaustion, divergence, 61.8%
AUDCAD
, 240
Short
AUDCAD: Price exhaustion, divergence, 61.8%

Price exhaustion, divergence, 61.8%.... good enough for me to go short.

USD Index analysis
DXY
, 60
DXY: USD Index analysis

RED lines - from Monthly chart support / resistance areas PURPLE lines - from Daily chart supp/res GREEN lines - from 60m chart This is just Price Action analysis...

EUR/USD @ Resistance
EURUSD
, 120
Short
EURUSD: EUR/USD @ Resistance

After Spain credit rating downgraded at the very last minutes of NY session, NY reacted on down side. Sydney continued in the same fashion. Tokyo opening made new lows but not with a great strength. London open brings the price cheap to investors and since this morning we are rallying. In the mean time USA jobless claims comes out positive but EUR rallys. This...

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