Disclaimer

Disclaimer: This blog should be read as a 'whiteboard' of my daily thoughts and ramblings and specifically not, in any way, advice to trade. My interpretation of the works of Gann, Goodman, Fibonacci, Elliott, Hurst et al; is entirely my own and should be read as such. Any opinions, news, research, analyses, prices, or other information contained in this report are provided as general market commentary, and does not constitute investment advice. I will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

Saturday 23 March 2013

AUDUSD: weekend chart

Similar to GBPUSD, price moved north of the monthly cloud during the week and looks to be forming/formed ending patterns that should see a decent retracement at least. The last hourly momentum cycle did very little to the upward story Friday and I am still short here looking for clarity on the patterns lower.
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