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This time Adam analyses the forex market : The Aud in relation with the USD. As I always say: Adam, contributes with forex traders old and new traders ,students in economics, finance... and investors in Forex and stock markets using the Tecnical Analysis to evaluate the pesrpective of demand and supply using diferent methodologies such as The Trade Triangle Technology , the Fibonacci and other well known tools by the investors community,that provides us with the insight of what might happen with prices, indeed from a price trend and its knowledge. Below is Adam e-mail transcription.
Fernando Guzmán Cavero.
FGC BOLSA - FGC FINANCIAL MARKETS
BY: ADAM HEWISON
We are taking a trip down under today.
It has been sometime since we last looked at the relationship between the US dollar and the Australian dollar (USD/AUD). Today seemed like an opportune time to look at this cross and to figure out where it is headed using our “Trade Triangle” technology.
We’re also using MarketClub’s Fibonacci tool. If you have not seen this tool in action, I strongly recommend that you watch today’s video.