AUD/USD

Hmm, short as in short trade

Oh , ok !

Hold it on...

the fork and gap.. is it the gap at the ned of final rally?? copied from aussie forum

I also see GBP/AUD making excellent double bottom today.

I also see eur/aud weekly money flow index rising sharply and price having crossed above 30 sma after long time. time to go long here above 1.41 area being downtrend resistance since may spike.

SYDNEY (MarketWatch) -- HSBC's new Australia Chief Economist Paul Bloxham--who just left the Reserve Bank of Australia's economic analysis department--on Thursday said the central bank would keep rates on hold in October, with a November rate hike likely.

Bloxham most recently headed up the overseas economies and financial conditions sections within the RBA, and his outlook for policy is closely watched by analysts given his experience in forecasting the domestic economy.

He started with HSBC earlier this month after 12 years at the RBA, where he published papers on housing and household finances.

Bloxham said a rate hike by year end looks "in the bag", with a further 100 basis points of tightening forecast through next year. Given interest rates are currently at 4.5%, that would take the cash rate to 5.75% by the end of 2011.

"This is despite growing concerns over the developed economies and the possibility of further quantitative easing. While the recent appreciation of the Australian dollar will help to somewhat mitigate inflationary pressures, we still think that interest rates will need to rise," said Bloxham.

Yeah that report was pathetic.

im long on aususd now

guess we are in the same boat.. i am looking at UJ too..its near the speculative intervention area.

Wow! Nice timing there, right on the bottom :-)

How'd you do that?

One word 'Skill" ;-)

Not sure about tonight though..
Housing data took the sting out of the mkt a little with interest rates possibly now on hold..
Uptrend intact BUT gut says pullback toward 9550-70 quite possible..

short , short , short

H1 bull flag is coming..

AUD not going with EUR... seems heavy

As previous AUD was leading the charge...
Tide change?

Have a look at EUGBP before looking at Cable.. then u will know..

http://www.forexrainbow.com/files/gy...yb90hqe5yz.jpg

awaiting short and or breakout

sold

better waiting for the news 1 hour later first..

partial close







and took this too

long 9680 sl 9650

Something huge is going on look at GOLD!!!!