Reviews and Comparisons, Forex & Asset Management
AUD/USD's choppy rise from 0.8066 extended further last week and reached as high as 0.8969. Initial bias remains on the upside this week for 0.9380/9404 resistance zone. But we'd expect upside to be limited there to bring another fall to continue the medium term consolidation. On the downside, below 0.8859
Copyright © 2009 Basic Resource Strategies Ltd. Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any managed account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular forex trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual online trading. Past performance does not guarantee future results. All funds are held with properly regulated forex broker.