Attachments: AUD/USD

AUD/USD

#90,141
Apr 29, 2015 3:56am Apr 29, 2015 3:56am

Fx_Anil
Joined Jul 2013 | Status: Trader | 1,731 Posts

Quoting andoseg2

Disliked

{quote} This upmove should not be trust, a Resistance is too close as a target objective : {image}

Ignored

Oops, i missed that point. Thanks for correcting.

#90,142
Apr 29, 2015 12:28pm Apr 29, 2015 12:28pm

johnsmart
| Membership Revoked | Joined Feb 2015 | 329 Posts

You can sell JPY on 30 April. JPY is currently very weak.

Outlook of JPY

1. Fitch downgrades Japan
Markets | Mon Apr 27, 2015 7:36am EDT
Related: Japan
Fitch downgrades Japan, joins Moody's in warning on fiscal policy
TOKYO | By Stanley White
http://www.reuters.com/article/2015/...0NI0SS20150427

2. Possibility of further monetary easing
Abe Ally Says Bank of Japan Must Ease Again
Lawmaker Kozo Yamamoto is a longtime proponent of monetary easing

http://www.wsj.com/articles/ally-to-...ain-1429770413

3. Trans-Pacific Partnership deal contributes to depreciation of JPY
Abe and Obama look to 'swift conclusion' of Trans-Pacific Partnership deal

29 April 2015
From the section Asia
http://www.bbc.com/news/world-asia-32497498

#90,143
Apr 29, 2015 12:40pm Apr 29, 2015 12:40pm

johnsmart
| Membership Revoked | Joined Feb 2015 | 329 Posts

'Abenomics' architect says BOJ must ease again on April 30
TOKYO | By Leika Kihara and Yuko Yoshikawa
http://www.reuters.com/article/2015/...0MS36S20150401

#90,144
Apr 29, 2015 12:46pm Apr 29, 2015 12:46pm

Dano12
Joined Nov 2012 | Status: Trader | 5,895 Posts

and pull back on resistance

Attached Image(s) (click to enlarge)

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#90,145
Apr 29, 2015 1:09pm Apr 29, 2015 1:09pm

tamoor68
| Joined Jul 2014 | Status: Trader | 29 Posts

bearish on AUD , here is my position on aud http://i61.tinypic.com/9jgoxk.jpg

#90,146
Apr 29, 2015 4:27pm Apr 29, 2015 4:27pm

johnsmart
| Membership Revoked | Joined Feb 2015 | 329 Posts

Australian Dollar: AUD/GBP, AUD/EUR Weaker As Data Supports European Currencies, AUD/NZD, AUD/USD Fall

Goldman Sachs caused some doubt over Australia’s current AAA rating, suggesting credit rating agencies may look to downgrade the nation in the near future. Furthermore, the prospect of a Reserve Bank of Australia (RBA) rate cut continues to weigh on the commodity currency’s exchange rate.
http://www.exchangerates.org.uk/news...dusd-fall.html

#90,147
Apr 29, 2015 4:53pm Apr 29, 2015 4:53pm

Macdon
| Joined Jul 2009 | Status: Trader | 699 Posts

Quoting johnsmart

Disliked

Australian Dollar: AUD/GBP, AUD/EUR Weaker As Data Supports European Currencies, AUD/NZD, AUD/USD Fall Goldman Sachs caused some doubt over Australias current AAA rating, suggesting credit rating agencies may look to downgrade the nation in the near future. Furthermore, the prospect of a Reserve Bank of Australia (RBA) rate cut continues to weigh on the commodity currencys exchange rate. http://www.exchangerates.org.uk/news...dusd-fall.html...

Ignored

Therefore AU will remain AAA and no rate cut. Anything the Vampire Squid says should be treated as worthless market manipulation.

#90,148
Apr 29, 2015 6:49pm Apr 29, 2015 6:49pm

Vorex
| Joined Feb 2015 | Status: Trader | 704 Posts

Quoting Macdon

Disliked

{quote} Therefore AU will remain AAA and no rate cut. Anything the Vampire Squid says should be treated as worthless market manipulation.

Ignored

I agree, no rate cut & AU to go higher after the no rate cut next month.