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  • Australia Private New Capital Expenditure and Expected Expenditure

    From abs.gov.au Story is in PDF Format

    MARCH KEY POINTS ACTUAL EXPENDITURE (VOLUME TERMS) The trend volume estimate for total new capital expenditure fell 2.3% in the March quarter 2015 while the seasonally adjusted estimate fell 4.4%. The trend volume estimate for buildings and structures fell 3.7% in the March quarter 2015 while the seasonally adjusted estimate fell 6.5%. The trend volume estimate for equipment, plant and machinery rose 0.7% in the March quarter 2015 while the seasonally adjusted estimate fell 0.5%. EXPECTED EXPENDITURE (CURRENT PRICE TERMS) This issue includes the sixth estimate (Estimate 6) for 2014-15 and the second estimate ... (full story)

  •  Guest
  • | IP XXX.XX.132.154
Look out below
Classic market maker move...false rally before need to stop out weak shorts and/or induce longs...then, Boom...drop the hammer lower.
Look out below
Good luck and may the odds be ever in your favor!
Quoting PA is King
Classic market maker move...false rally before need to stop out weak shorts and/or induce longs...then, Boom...drop the hammer lower.
Simple retrace of that previous 4hr bear candle. We should hopefully head down from here
Good luck and may the odds be ever in your favor!
Yeah, I've got nothing on my charts saying to go long. Guess Aussie is targeting .7500 again after the fake breakout rally above .8000 a couple weeks ago.
That's what I have as a target. What I'm hoping is that we got enough going up that we have enough momentum to punch through .75. I have orders pending!
Good luck and may the odds be ever in your favor!
All are waiting for Bearish Heavy Hit in Aussie, PCE Data is initiate the bearish momentum today Down Tgt of 7650 -7600.
hope so. im pretty deep into some shorts. still bearish. I guess that's exactly what the big boys want us to think though right?
Just need the follow through.
Watch to see if there is another fake rally just before London open followed by a selloff.
  •  Guest
  • | IP XX.XXX.167.126
I'm going long. My RSI is showing oversold and my MACD is about to crossover. I don't really get this news stuff but I think this is a win-win trade, as both my indicators are lining up.
I hope someone made some pips on my post above....it was the clearest signal I've had on my charts in over a week.
  •  Guest
  • | IP XXX.XXX.35.52
Sure did PA, great insight! Cheers
Quoting Guest
I'm going long. My RSI is showing oversold and my MACD is about to crossover. I don't really get this news stuff but I think this is a win-win trade, as both my indicators are lining up.
So you made this post 3hrs ago when price was just under .7700, now it's just under .7660( down 40 pips). Be careful is my only advice, I had the same view last week but price just kept selling off no matter how oversold the indicators showed.

Best of luck to you.
Quoting Guest
I'm going long. My RSI is showing oversold and my MACD is about to crossover. I don't really get this news stuff but I think this is a win-win trade, as both my indicators are lining up.
Might be a good idea to lose the indicators and stick to price action perhaps.
Yes those were pretty dismal numbers. Only in 'Murica do you get positive outcomes from negative numbers. Maybe, maybe get a move upward in AUD if the USD unemployment numbers are dismal, but not by much.
How interesting people long just because RSI show oversold. Price can keep dropping, but RSI cant go below 0. MACD will always cross over too.
The only winner is the one who survive the longest...
On a side note...the over 500 pip drop straight down on the Aussie Daily chart is impressive in only 11 days! Totally smells of market makers and/or bank intervention from RBA(they probably didn't like Aussie over .8000)! .7500 tomorrow or next week is the only question?
Quoting PA is King
On a side note...the over 500 pip drop straight down on the Aussie Daily chart is impressive in only 11 days! Totally smells of market makers and/or bank intervention from RBA(they probably didn't like Aussie over .8000)! .7500 tomorrow or next week is the only question?
We had "The World's Greatest Treasurer" some years ago, 90s, I think, maybe early 00s, do some FX manipulations via the RBA. The result was a $6 billion loss. Why these people are not rotting on lampposts is beyond me?
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