DislikedGDP forecast might need some tweaking indeed. The data was very soft, and we're hovering around the usual 8750 again.Ignored
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DislikedGDP forecast might need some tweaking indeed. The data was very soft, and we're hovering around the usual 8750 again.Ignored
DislikedHi guys,
Someone here think that the Australian leave untouch the Interest rate at 6.75% . I want to know your opinion. Thanks.
Best regards,
Giovanni.Ignored
DislikedHey there Giovanni,
On the news tonight they said that they don't think that they will cut them this month but they may cut them early next year.
GPIgnored
DislikedHi GP,
Thanks a lot. This information is accurate and reliable? Thanks again.
Regards,
Giovanni.Ignored
DislikedSo the RBA holds, with slightly dovish/neutral statement calling into question any hikes. Im assuming the most pronounced movement will be on the EUR/AUDIgnored
DislikedDo you think that we will see AUD/USD fall to 0,8370 after a negative GDP q/q is released ?Ignored
DislikedInteresting that triangle support line - it was overhead resistance 3 times on the way down, since it broke on 11/28, it's come back into play as support for the 5th time now.
We'll see what happens when GDP gets released in a little bit.Ignored
Disliked8684 was where it bounced just now after the RBA statement. Interesting indeed.Ignored
Dislikedwow..that would be a genormous drop IMOm but what makes you think the GDP numbers will be negative?Ignored
DislikedHmm..
Two different ECNs show it fell to 8696. Be careful, looks like GFT is running the stops on clients only.Ignored
DislikedI can't be sure that it will be negative but the enormous negative trade balance (-3,0B) and the retail sales (-0,2%) are two major factors by the determination of the GDP. I also don't know if the FED is actually really going to cut rates, but if not, the 0,8370 level AUD/USD seems possible, because both Fibo retracements (61,8 %) of the weekly and monthly chart is there. But I really have no idea, I'm noob, don't trust what I am saying, I'm just saying what I think.
P.S. With "negative" GDP I meant negative compared to the 0,9 % from the previous period.Ignored