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- 63 Results (46 Replies , 17 Comments )
- Hetal.Mehta replied Jun 9, 2020
Looks like another range between 0.6935 and 0.6965 might be forming before it drops again.
- Hetal.Mehta replied Jun 8, 2020
I think it might go little higher when US market opens. Not too high, but there might be initial push up.
- Hetal.Mehta replied Jun 7, 2020
Looks like another bullish day for AUD. The OPEC oil cut will push S&P higher and that will keep AUD up.
- Hetal.Mehta replied Jun 5, 2020
I agree this is still bullish, especially if 6960 support holds today. It has been making new highs for last 7 days in a row. I don't think it is done yet but it has to end at some point.
- Hetal.Mehta replied Jun 5, 2020
LOL yeah... that was my guess. Finally made some money by going long. Enough with going short on this... will go short when it comes down, no point trying to fight the trend.
- Hetal.Mehta replied Jun 5, 2020
I think it might make a move 0.70. The support at around 6960 area is strong it seems.
- Hetal.Mehta replied Jun 5, 2020
It looks like 6960/65 is the new support area. Amazing the way support kept moving up for AUD. Maybe I will catch a ride down, if and when that happens.
- Hetal.Mehta replied Jun 1, 2020
All I can say is that it is combination of things. As usual S&P going up again, USD getting hammered again, RBA and GDP news in coming days and opening up of economy. They did avoid worst of Covid and are opening up the economy. This makes it easier ...
- Hetal.Mehta replied May 28, 2020
Dude, once more an excellent analysis. The high for today was around 6667, just as you had predicted. Thanks for that analysis just took another ride down with AUD like yesterday. How did you come up with 6660 number?
- Hetal.Mehta replied May 27, 2020
Yeah... already closed at 6580. Took a nice little ride down today. Anything above 6610 I will be adding more shorts. For now, I am out.
- Hetal.Mehta replied May 27, 2020
Going against US markets after a long time. If S&P drops right now... this thing would crash.
- Hetal.Mehta replied May 26, 2020
Dude that was some really awesome analysis/prediction. It did went up to high of 6674. We should be seeing a drop pretty soon. Let see how far it falls. Last time it could not break 6510. There is some strong support in that area.
- Hetal.Mehta replied May 21, 2020
Strong support at 6560. If that breaks 6490 is a possibility. I wouldn't mind 100 pips drop ;-)
- Hetal.Mehta replied May 20, 2020
You mean 6600 right? In first line where you mentioned 6000
- Hetal.Mehta commented May 20, 2020
That's okay... who needs job anyways when we can just keep buying stocks.
- Hetal.Mehta replied May 20, 2020
Looks like on daily chart the 200 MA at 6637 will be tested before it falls... if it falls
- Hetal.Mehta replied May 20, 2020
Plus the idiots from fed are talking again this afternoon. They will throw in another few trillion dollars and market will jump another 5%
- Hetal.Mehta replied May 19, 2020
url The vaccine news seems like a "fake news". I find it hard to believe that it is just a coincidence that news came out same time fed chairman was speaking. But what do I know? S&P and other US markets are manipulated. I am not sure how long ...
- Hetal.Mehta replied May 19, 2020
Well that is hard to say. But if I look at the 4 hour chart, there is a doji at around 6560 followed by the big red candle. Technically that would be trend reversal. But again I am already in short so maybe I am blinded and seeing what I want to ...
- Hetal.Mehta replied May 19, 2020
Yeah... read your thread on trading steps. It was a good reminder to keep my tush in the seat till I get my desired setting on charts. Nice thread by the way.