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Forum Guru
 
Group: Administrators
Last Login: 8/25/2010 9:38:53 AM
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TRADING CENTRAL's FX OPTIONS TREND OPINIONS
12:6 GMT - 7:6 NYT - Monday, April 26, 2010
ISE Australian Dollar OUTLOOK
AUM (AUD/USD on ISE): further AUD/USD advance expected
Our forecast: Up move towards 93.53 or even 98.
Comment: The RSI is supported by a rising trend line, the pair should break above its resistance and post a further up move.
To leverage our Trend Opinion on the ISE Australian Dollar we can use different options :
1. Buy AUM Jun 10 92 Calls (AUM Jun 19 '10 $92 Call)
2. Buy AUM Jun 10 90 Calls (AUM Jun 19 '10 $90 Call)
3. Buy AUM Jul 10 91 Calls (AUM Jul 17 '10 $91 Call)
Click here to view supporting charts and data for our trend opinion : http://www.fxoptions.com/Site/NewTrendOpinions.aspx
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