AUD/USD

hmmm bloody slow tonite

http://img39.imagefra.me/img/img39/2...sm_0bf19ce.png

.8252 looks like strong resistance. will try shorting if it gets there soon.

I've been following the EU most of today. Same price action on EU, AU, GU today. Follow them and you'll know where the AU is going

maybe!

It looks like 0.8250 is a resistance so far. I wish AUD/USD will drop and break 0.8000 this week. I short it at 0.8430 in last week and short it at 0.8230 couple hours ago. I set the stop for both order at 0.8290.
In my opinion, AUD/USD will drop largely in September unless they announced to raise interest rate, what is your opinion ?

Personally, because of so much uncertainty in the global economy I highly doubt that the RBA will raise rates just yet, The Chinese Stock market yesterday broke its year long up trend, it has the potential to test its lows again? we will see, also investor confidence in the AUD was at extremes and it is due either of a fairly large correction or a continuation of the long term down trend, if the US stock markets/ Chinese markets eventually test their lows or break lows i.e (US stocks currently at PE of 29 x earnings bear market PE Lows about 6-8x earnings) I would find it difficult to forecast the RBA to lift rates personally I am in the very bearish camp, if this bearish scenario comes to past who knows where the AUD/ USD may eventually land.

I read an article saying the a/u will trade between 85 to 81 for the rest of the year. Should be interesting to see what happens

I don't see 8500 broken for the rest of the month, at the very least. Watch out below if 50 day EMA is broken. This may roughly correspond to 76% retracement level from 52 week low to high (around 0.8080) which ought to be the next important support level. I have a tiny long from 8212 but will get out at the first sign of trouble, i.e. probably pretty soon.

usually when e/u down aud/usd follow suit

kiwi right now

http://img38.imagefra.me/img/img38/2...im_8efa14a.png

aud/jpy long and profit already locked in (redlines)

http://img40.imagefra.me/img/img40/2...om_3da3aa5.png

now have alook at eur/jpy break out 133.20 on 5 minitu chart coffe money

seem like usd rally is over atleast on 5 minute chrt ,looking to add more kiwi long

add kiwi long 6707

add 0.6710

all out stops taken few pips gain looking to long...

add aud/jpy 78.16

http://img39.imagefra.me/img/img39/2...jm_5c80321.png

http://img38.imagefra.me/img/img38/2...jm_4fb112f.png

this is not eur/usd synthetic but aussie dollar short

http://www.bloomberg.com/apps/news?p...d=aBrkhwfun.KI

lets attack the kiwi then

http://img36.imagefra.me/img/img36/2...5m_e6b9884.png

ranging all day now shoot it

http://img34.imagefra.me/img/img34/2...2m_ff88eba.png

out