SmartTradeFX October 19 Technical Analysis Report

Learn from SmartTradeFX head currency strategist Steve Patterson as he analyses the FX market currencies.

Daily Trading Plan - 10/21/2012 Prep Work

EURUSD
Price Bias = Shorts
Sentiment Bias = Mixed
Summary = Shorts at extremes only

GBPUSD
Price Bias = Shorts Only
Sentiment Bias = Shorts
Summary = Shorts only

AUDUSD
Price Bias = Shorts Only
Sentiment Bias = Shorts
Summary = Shorts only

XAUUSD
Price Bias = Shorts Only
Sentiment Bias = Shorts
Summary = Shorts only

USDCAD
Price Bias = Longs
Sentiment Bias = Mixed
Summary = Stay away

USDCHF
Price Bias = Longa
Sentiment Bias = Mixed
Summary = Longs only

USDJPY
Price Bias = Mixed
Sentiment Bias = Mixed
Summary = Avoid

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