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Filed under: Live Trading Room | 02/15/08 07:00am UTC
mmarinescu

London Session Summary / Feb 15, 2008

Hi everybody!

Today the AUDUSD presented an interesting bullish opportunity, we got a confirmation for a long and we are now looking for a buy@0.9050-0.9065 - let’s see if this trade comes into play later today.

Also, GBPJPY looks bearish short-term, with a possible target at 211-210.80 possibly supporting a new rally up with 214 as a main target (2 sets of double tops in the area).

USDCAD continues to look bearish, with repeated tests down at 0.9965 creating a downward slope favorable to the bears - but momentum still expected to build up to sustain a short trade. In standby for now…

Happy trading!


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