Attachments: AUD/USD

AUD/USD

#103,241
Oct 26, 2017 10:23pm Oct 26, 2017 10:23pm

lasty
Joined Aug 2008 | Status: Trader | 3,386 Posts

BREAKING : Australian LNP govt in turmoil as High Court rules that deputy PM has to resign over invalid citizenship.

This should push AUD lower.

#103,242
Oct 27, 2017 12:20am Oct 27, 2017 12:20am

MBTrading74
| Joined Apr 2014 | Status: Trader | 21 Posts

Good morning, I opened a buy at 0.7800, I did not expect a descent so fast and continuous. I put TP at 0.7950, I do not understand the technical or macroeconomic motivations that make the aussie such a dangerous currency and then eliminate it ... I would stay buy ... and open another position ... what do you think? will shortly return to 0.80 or fall to 0.70? Thank you for your opinions

#103,243
Oct 27, 2017 12:42am Oct 27, 2017 12:42am

funzodundee
Joined Mar 2010 | Status: Trader | 376 Posts

Quoting funzodundee

Disliked

{quote} I think 7640 area is possible now.

Ignored

I would be considering going long now

It's a big game.

#103,244
Oct 27, 2017 8:48am Oct 27, 2017 8:48am

MrPresident
Joined Apr 2017 | Status: trying to make money | 3,341 Posts

0.7630 is next

Don't Worry Be Happy

#103,245
Oct 27, 2017 9:10am Oct 27, 2017 9:10am

Chromatic
| Joined Oct 2017 | Status: Trader | 28 Posts

Quoting chromatic

Disliked

if by the end of the nyc session there still a hammer on the daily be prepared for a trap move down and buy tomorrow, but whatever you do, stick to your trading plan.

Ignored

here comes the price correction!!!

#103,246
Oct 28, 2017 11:30pm Oct 28, 2017 11:30pm

funzodundee
Joined Mar 2010 | Status: Trader | 376 Posts

Quoting funzodundee

Disliked

{quote} I would be considering going long now

Ignored

First target 0.7800.

Attached Image (click to enlarge)

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It's a big game.

#103,247
Oct 29, 2017 5:01pm Oct 29, 2017 5:01pm

Beyfor
| Commercial User | Joined Dec 2012 | 821 Posts

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#103,248
Oct 29, 2017 5:26pm Oct 29, 2017 5:26pm

lasty
Joined Aug 2008 | Status: Trader | 3,386 Posts

AUD @.7669

Im not sure why the AUD had firmed on friday.

It certainly wasn't on fundamentals and perhaps it was unwinding of x positions.

Another bad poll for the government has them behind in 22 consecutive newspolls.

Change of leadership and direction is needed or it will be handed over to a left wing government who will put us further into debt and create an economic death spiral for business.

Labor leader Shorten is behind in the popularity stakes and if Labor were to change leaders it could be a left wing landslide.

But I guess both parties know what they are doing because the rest of us don't

#103,249
Oct 30, 2017 1:44am Oct 30, 2017 1:44am