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User Time Action Performed
  • Aussie takes a pasting through 0.9050

    From forexlive.com

    Can’t see a reason but there’s moves all around. USD/JPY up to 99.39 GBP/CHF down to 1.4340 from 1.4362 EUR/GBP pops further to 0.8644

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  • Comment #1
  • Quote
  • Jul 12, 2013 6:50am Jul 12, 2013 6:50am
  •  cppolybd
  • | Joined May 2012 | Status: Member | 800 Comments
Wow wonderful... It took only 15 minutes to hit my tp at .9050... Very quiiiiiiick....
 
 
  • Comment #2
  • Quote
  • Jul 12, 2013 6:50am Jul 12, 2013 6:50am
  •  sammy_tega
  • | Joined Jun 2010 | Status: Member | 41 Comments
how can the usd be the big winner will somuch bad news coming form the state?
 
 
  • Comment #3
  • Quote
  • Jul 12, 2013 6:52am Jul 12, 2013 6:52am
  •  Guest
  • | IP XXX.XXX.167.19
wth just happened! stop hunt?
 
 
  • Comment #4
  • Quote
  • Jul 12, 2013 6:58am Jul 12, 2013 6:58am
  •  Foren
  • | Joined Feb 2012 | Status: Member | 84 Comments
how comes that aud touching 0.905.. without any reasons??????????? when the euro stands still! does anyone have heard any news some where???
 
 
  • Comment #5
  • Quote
  • Jul 12, 2013 7:02am Jul 12, 2013 7:02am
  •  Ulterior
  • | Joined Mar 2008 | Status: aka "Johny 1 Lot" | 185 Comments
the gold is being sold, you newbs
 
 
  • Comment #6
  • Quote
  • Jul 12, 2013 7:12am Jul 12, 2013 7:12am
  •  Guest
  • | IP XX.XXX.182.241
And maybe the RBA selling?
AUD being slaughtered against ALL currencies, especially EURO, with weaker production figures ?
 
 
  • Comment #7
  • Quote
  • Jul 12, 2013 7:17am Jul 12, 2013 7:17am
  •  kemiodelade
  • | Joined Jul 2013 | Status: Member | 2 Comments
Is this a spike or obedient to Monthly chart 3rd candle?
 
 
  • Comment #8
  • Quote
  • Jul 12, 2013 7:18am Jul 12, 2013 7:18am
  •  Guest
  • | IP XX.XXX.122.58
I sell cable, sell euro, but never expect aud will be the loser of the day against usd
 
 
  • Comment #9
  • Quote
  • Jul 12, 2013 7:21am Jul 12, 2013 7:21am
  •  Loadedgun
  • | Membership Revoked | Joined Sep 2010 | 3678 Comments
Quoting Guest
Disliked
wth just happened! stop hunt?
Ignored
There is nothing like stop hunt just one more myth to keep retail traders off balance. Properly modeled you should see market tendency across the feed. This move is probably USD driven it happened across the board - Gold et al. Nice One!
 
 
  • Comment #10
  • Quote
  • Jul 12, 2013 7:26am Jul 12, 2013 7:26am
  •  anytime1991
  • | Joined Jul 2012 | Status: L()ve y()u @LL | 315 Comments
aud down
 
 
  • Comment #11
  • Quote
  • Jul 12, 2013 7:28am Jul 12, 2013 7:28am
  •  PA is King
  • Joined Jun 2013 | Status: Member | 2571 Comments
It's All Part Of Forex. MarkeT Got You Thinking Long AFter Bernanke, But The True Direction Was Still With The Overall Downtrend. If 0.9000 Doesn't Get Taken Out Today, It Should Be Sunday/Monday. Happy Trading!
 
 
  • Comment #12
  • Quote
  • Jul 12, 2013 7:41am Jul 12, 2013 7:41am
  •  Guest
  • | IP XX.XX.187.61
buy AU it will go up to 0.95000 if this downtrend not break 3 july 2013 low

happy trading
 
 
  • Comment #13
  • Quote
  • Jul 12, 2013 7:53am Jul 12, 2013 7:53am
  •  jeevan007
  • | Commercial Member | Joined Dec 2011 | 48 Comments
it will reach 0.8975
 
 
  • Comment #14
  • Quote
  • Jul 12, 2013 8:07am Jul 12, 2013 8:07am
  •  Idoscon
  • | Membership Revoked | Joined Jan 2013 | 691 Comments
trap, big player playing, do not short now!!
 
 
  • Comment #15
  • Quote
  • Jul 12, 2013 8:20am Jul 12, 2013 8:20am
  •  lake
  • | Joined Sep 2010 | Status: Member | 63 Comments
yeah lol, aud is the new pound/ yen, very dangerous
 
 
  • Comment #16
  • Quote
  • Jul 12, 2013 8:21am Jul 12, 2013 8:21am
  •  wildbill2u
  • | Joined Oct 2007 | Status: Member | 282 Comments
China news coming this weekend--and the Chinese appear to be moving toward honest reporting of their economic metrics. If China news is bad, then it hurts Aussie, no?

The big boys may have decided to take their profits made on the run up and get out.
 
 
  • Comment #17
  • Quote
  • Jul 12, 2013 8:23am Jul 12, 2013 8:23am
  •  Guest
  • | IP XX.XXX.226.129
R u sure this is trap?
 
 
  • Comment #18
  • Quote
  • Jul 12, 2013 8:25am Jul 12, 2013 8:25am
  •  lake
  • | Joined Sep 2010 | Status: Member | 63 Comments
in 3 months aud has dropped almost 1500 pips, crazy
 
 
  • Comment #19
  • Quote
  • Jul 12, 2013 8:35am Jul 12, 2013 8:35am
  •  John Gray
  • | Joined Dec 2011 | Status: NZ Trader | 84 Comments
Quoting Guest
Disliked
wth just happened! stop hunt?
Ignored
More like a margin hunt on the carry traders
Even the worst trade can close with profit. Just give it time.
 
 
  • Comment #20
  • Quote
  • Jul 12, 2013 8:36am Jul 12, 2013 8:36am
  •  Guest
  • | IP XXX.XXX.167.19
10th consecutive weekly candle with LL.. but the momentum is slowing down..
 
 
  • Comment #21
  • Quote
  • Jul 12, 2013 9:15am Jul 12, 2013 9:15am
  •  Guest
  • | IP XX.XX.112.51
Quoting Foren
Disliked
how comes that aud touching 0.905.. without any reasons??????????? when the euro stands still! does anyone have heard any news some where???
Ignored
AUD is now the weakest currency in the market , it doesn't get affected by the gains for EUR however when EUR drops AUD drops even more , u see EUR/AUD touching new highs and AUD/USD touching new lows . i'd think nothing but the AUD is in some deep **** and it won't be easy to get out of it .
 
 
  • Comment #22
  • Quote
  • Jul 12, 2013 9:59am Jul 12, 2013 9:59am
  •  Idoscon
  • | Membership Revoked | Joined Jan 2013 | 691 Comments
I told you, false break,
 
 
  • Comment #23
  • Quote
  • Jul 12, 2013 10:01am Jul 12, 2013 10:01am
  •  Guest
  • | IP XX.XXX.148.26
Can it reach 0,8800?
 
 
  • Comment #24
  • Quote
  • Jul 12, 2013 10:03am Jul 12, 2013 10:03am
  •  Squeeze
  • | Joined Dec 2012 | Status: Member | 1195 Comments
Swaps data compiled by Bloomberg show traders see a 75 percent chance the Reserve Bank of Australia will cut its benchmark rate to an unprecedented 2.5 percent at its next meeting on Aug. 6. The probability was 45 percent at the start of the week. The key rate is currently at a record low of 2.75 percent.
 
 
  • Comment #25
  • Quote
  • Jul 12, 2013 10:16am Jul 12, 2013 10:16am
  •  Idoscon
  • | Membership Revoked | Joined Jan 2013 | 691 Comments
Quoting Guest
Disliked
Can it reach 0,8800?
Ignored
maybe later this year
 
 
  • Comment #26
  • Quote
  • Jul 12, 2013 1:28pm Jul 12, 2013 1:28pm
  •  PA is King
  • Joined Jun 2013 | Status: Member | 2571 Comments
Guess we'll have to wait until next week for .8800. That is IF, it can close below .9000.
 
 
  • Comment #27
  • Quote
  • Jul 12, 2013 6:20pm Jul 12, 2013 6:20pm
  •  BaitUp
  • | Joined Jan 2010 | Status: Member | 222 Comments
Quoting PA is King
Disliked
Guess we'll have to wait until next week for .8800. That is IF, it can close below .9000.
Ignored
Last time you made a comment like that you were spot on!
 
 
  • Comment #28
  • Quote
  • Jul 13, 2013 7:14am Jul 13, 2013 7:14am
  •  rfurtado
  • | Joined Aug 2011 | Status: Member | 6 Comments
Three years of consolidation, now retracing clearly to a .50 or .618... 0.7450ish is the brass ring.
 
 
  • Comment #29
  • Quote
  • Jul 13, 2013 1:34pm Jul 13, 2013 1:34pm
  •  PA is King
  • Joined Jun 2013 | Status: Member | 2571 Comments
Quoting BaitUp
Disliked
Last time you made a comment like that you were spot on!
Ignored
Hopefully I Will Be Again, But I Don't Control The Markets And Will Be The First To Admit I'm Not Perfect. I Take Losses Too From Time To Time.
 
 
  • New Comment
  •  Guest
  • | IP XX.XXX.194.102
Join FF
  • Story Stats
  • Posted: Jul 12, 2013 6:46am
  • Submitted by:
     Newsstand
    Category: High Impact Breaking News
    Comments: 29  /  Views: 4,847
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