Aussie pairs

What you guys think of AUD/USD. I thought it's going to pulldown now looks like it's going to make all the way up to .94.

Looks like all the US news releases really helped the aussie and with the prediction that the interest rate on Aussie be hiked by 25bp i am thinking it will go all the way up/

Once AJ breaks through the 200 ma on the 1hr chart look out below.

Could go down to 8875. (maybe)

I was thinking with an interest rise up to 92,, But after a .25 rise down 100p, Go figure .
A lot of second guessing and maybe already factored in.

Short covering on AJ

with aud interest rate record high and usd interest so low...why is aud/usd still going down after yesterday's news?

Bear trap? or Dollar strength across the board?

There is an option strike for 0.8900 tomorrow morning.I hesitated to get in because of this figure.. I will wait till it hits 0.8900 and then go long (it might, it might not.. but it will certainly go towards 0.8900)

I remember when there was this huge 1 billion $ option strike on USD/JPY for 113.. and it was at 114.60 something. In a minute.. it sank .. hit 113 and then shot back up. Crazy stuff

Edit - Btw, do remember that aussie $ is strongly related to the carries.. so everytime stocks collapse.. aud/usd tends to head down as well.

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Edit - Btw, do remember that aussie $ is strongly related to the carries.. so everytime stocks collapse.. aud/usd tends to head down as well.[/quote]




Thank you for that.....
I do get a lot of excellent info from this forum..Appreciation to all.

I hope it goes back to .86ish somehow. would like to get relong; tough to buy up here right now.