Sunday, June 9, 2013

My apologies for not updating this blog for quite some time.

Anyways, next week (10/6/2013), I will be focusing on the EURUSD pair as well as XAUUSD.

EURUSD seems to be facing some support after it tried to test it on Friday's closing. I feel that this pair would continue to rally up.

For XAUUSD, a doji has appeared on the H4 chart. However, do note that the daily chart's stochastic is signalling a downtrend. I would long this pair if there is a bullish candlestick forming on the next H4.