AUDUSD for informed traders

Greece has approved the MTP by 155 votes VS 138 votes..

Source:
http://www.boonchan.com/index.php/ma...rm-fiscal-plan

The rate hike of MBR is at the hot plate now.. according to the source:

http://www.boonchan.com/index.php/ma...2-off-extended

If rate hike is true - AUD should rise..
If the statement was the opposite - AUD should fall again..

Portfolio Updates:
Long entry for 1.05 with adjusted TP 1.0660. [Closed ]

1.068 - TP set 1.0690. [Hold]

Gold was hold at $1505.00oz after the GREECE approval on its fiscal plan.

Source - http://www.boonchan.com/index.php/ma...ce-approve-mtb

AUD rose to the high 1.0682.
Tomorrow we shall see some correction at ASIA Market...

Portfolio Updates:
All AUD closed.
Last Long Entry 1.068 TP at 1.0710.

I will stay at the sideline ..

Good luck to all traders..

The Aussie seems to facing resistance at $1.0715 and is even unable to sustain above the $1.0700 level for long..according to reliable source.

With the latest Australia job vacancy report released - there is a fell in the data.. Aussie will find a hard time to fly..

Full analysis: http://www.boonchan.com/index.php/ma...te-sector-data

My portfolio - I am still neutral, stay by the sidelines.

Correction on AUD as expected - towards 1.0720..
Looking for Long if it fell off to 1.06xx again..
Yesterday and today closed entry was able to grab the interest call as well.. ($3.9 x 25 = $97.5)

China just released on public debt cleaning surprises..
However - they are still better than the Greece which stalked at 140%++.

Source from:
http://www.boonchan.com/index.php/ma...22-public-debt
http://www.boonchan.com/index.php/ma...will-be-costly

Thanks Evelee I appreciate your updates. I don't trade AU much but like to keep track of it

Hi Minka,

You are more than welcome.

Aud/Usd:Bullish sign over ask heat and bid heat.
Eur/Aud: Neutral sign at 1.3539..
Source: www.boonchan.com

Greece parliament has approved the Implementation plan.
Market risk appetite seem towards Aud and Eur...
BUT - not much changes still as there still uncertainty out there within Greece..

China CPI forecasting to be 6% .. kinda of scary..
This is high inflation signal to ask PBOC to raise further rate reserve ratio...

AUD will be impacted as China is the main importer for Australia.

Full analysis:
http://www.boonchan.com/index.php/ma...t-to-6-percent

I m still neutral on this pair..
Look at the ask heat and bid heat yesterday at boonchan.com: the volume is not high.
Today US PMI report due we should see this pair on the heat again.

Some fact behind..China PMI down to the bottom since feb 2009..
Full analysis:
http://www.boonchan.com/index.php/ma...since-feb-2009

This is a great link Evelee ! Thank you for your post I've been listening!

Hi Chillypiper,

You are welcome..
Another reason I read the analysis at boonchan.com because their news is quite focus and the heat and bid was based on real Forex data which given me further analysis on how the market move..

I've stops in place @1.0702 on this pair so will be watching closely on Monday morning.Need to recheck the R&S levels and consider when or if I should take profit before NEXT weekend.

AUD/USD isn't my usual comfort zone but I have been watching it lately with some interest,especially with recent uncertainty around the EURO.

why would you go long if your expecting non-hawkish sentiments?

Mitch

seems to me eve is waiting for price to come down to a demand/support area to look for a long in the direction of the latest up move

I am waiting for the key event to trade on the Aus rate decision due 5/7 past am.

My always in-used trading platform:
Cityindex asia, Citi fx pro, and MT4.

I am a multi platform traders...