AUD/USD: The cleanest medium-term trend in FX?

AUD/USD: The cleanest medium-term trend in FX?

From forex.com

Amidst the second day of Fed Chairman Powell’s Humphrey-Hawkins testimony, disappointing UK inflation data, and a big rally in cryptoassets, the Australian dollar isn’t garnering too many headlines today. That said, the pair is showing arguably the cleanest technical setup of all the majors and could therefore present strong trading opportunities, regardless of the day-to-day market noise. As the chart below shows, the Aussie has been trending consistently lower against the greenback since its late January peak near 0.8100. The textbook definition of a downtrend is a series of lower highs and lower lows, and ... (full story)

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Comment #1
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Jul 18, 2018 6:35pm Jul 18, 2018 6:35pm

Not-KPMG
Joined Jun 2015 | Status: Member | 7592 Comments

Blabla....

News coming early morning?? Yes.
Already leaked and WILL be good.

😱😱😱

Why else was up yesterday??
Now few spikes, stop hunt both ways, wait few hours.....buy AGAIN

Fake aussie is the easiest game.

Check pound yesterday

Ohh pound news again today. Can't way to see leaked stuff early before "the news".

LOL

Beware of robber banks (RB), bad advisors.

Der Trader All Time Pips: 52,970

Comment #2
Quote
Jul 18, 2018 7:00pm Jul 18, 2018 7:00pm

Fanatikos
| Joined Mar 2017 | Status: Member | 28 Comments

lol

Comment #3
Quote
Jul 18, 2018 7:23pm Jul 18, 2018 7:23pm

Guest
| IP XX.XX.238.182

As soon as the pressure on China is less than once, the Australian dollar and gold will break out onto the swell. Wait.

Comment #4
Quote
Jul 18, 2018 8:01pm Jul 18, 2018 8:01pm

LuKa12
| Joined Sep 2014 | Status: Member | 78 Comments

trend?

Comment #5
Quote
Jul 18, 2018 9:32pm Jul 18, 2018 9:32pm

conglomerate
| Commercial Member | Joined Jun 2018 | 528 Comments

Quoting Not-KPMG

Disliked

Blabla.... News coming early morning?? Yes. Already leaked and WILL be good. 😱😱😱 Why else was up yesterday?? Now few spikes, stop hunt both ways, wait few hours.....buy AGAIN Fake aussie is the easiest game. Check pound yesterday Ohh pound news again today. Can't way to see leaked stuff early before "the news". LOL

Ignored

FANTASTIC... Aussie data is good. How do you know?

Comment #6
Quote
Jul 21, 2018 7:02am Jul 21, 2018 7:02am

Not-KPMG
Joined Jun 2015 | Status: Member | 7592 Comments

Quoting conglomerate

Disliked

{quote} FANTASTIC... Aussie data is good. How do you know?

Ignored

Easy

Look at the price move 3-5 hours before.
Was it up?? Yes.

Was it leaked

Oopsss

Beware of robber banks (RB), bad advisors.

Der Trader All Time Pips: 52,970

Story Stats

Posted: Jul 18, 2018 6:21pm
Submitted by:
Newsstand

Category: Technical Analysis

Comments: 6 / Views: 2,848