Tuesday, October 4, 2011

All bears are rushing in the market right now!

Riv Trend Confirm is busy alerting me to  buy USD against other major currencies! USD buyers are rushing the market right now.

Australia has just released their export/import trade balance and it shows positive result, but still as of writing AUD/USD seems not affected by the result. Investors are not satisfied with the data, thus by far, we will watch for more buying opportunity for the green buck!

During Asian session, a slight correction for AUD,NZD, and GBP has seen during those hours. Let us see for a further bearish momentum in London session.

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