AUD/USD

UD/USD rises further to as high as 1.0487 last week and rebound from 0.9663 continued. Upside momentum is not too strong yet. But in any case, further rise is still expected as long as 1.0354 minor support holds. Current rise is expected to continue to 100% projection of 0.9663 to 1.0377 from 0.9860 at 1.0574

Ranging...
Long 1.0489, SL 1.0481, TP 1.0538

inspite of EU FinMin rejection of IIF offer, market did not sell off.
This suggests to me that HOPE is very strong force. Both parties are still on the table err in their hotel rooms right now sleeping, to resume offers counter offers.
EURUSD rose above 1.3000.

I went Long SL 1.0450 and to buy some more @1.0470 should it dip there.
TP 1.0460. I believe AUDUSD will (almost) reach 1.07 before selloff.
Earnings is topping. VIX possible rising too. AUD overbought as well.

Watch out for FOMC and AUD CPI.

If CPI is low but market failed to selloff within 3 horus of news, expect AUD TO rise afterwards. If CPI is low, it raises the probability of an RBA rate cut in 3 weeks. Last time (2nd time) they cut, market shrugged it off.

you mean 560?

Depending on how you draw your trend line, it's retested the downward one from July. I've taken 1/2 off and the others at BE.

I'll buy at 426, TP1 530, TP2 570.

Wish myself good luck!

Did i miss the big train? looks like yes, and for only 40 pips. My calculation gives me PRZ from 1.054 to 1.0610-1.0630. 1.054 was 20 pips lower and 1.0610 is 40 pips higher. Check and check again, i did not find from which hell 1.0572 was coming from.

Will it come back again to higher level? Difficult to say yes, seen it has crossed now 1.0443 and i don't know if this is only a false breakout or not. If yes, there is again a possibility to jump in, otherways, this opportunity will look like a real train bringing a good money i left and it will be very hard to digest for the next weeks.

crappy decision. loss what else?
taking it like it is a loss.

Heads up: IIF's Dallara at CNBC
IIF had made it's final offer on the table. EU FinMin not agreeing.
IIF's Dallara hinted going to court.

Up to now, 1.0443 was only a false breakout of 16 pips. Are we going to double top at 1.054-1.057? If yes, i'll not miss you this time Aussie. Only my money management will take control of this even trade from 1.054 to probably 1.061. If higher than 1.064, means i'm wrong. We'll see.

My first post on this forum...

"AUD/USD: Not upto industry standards
NEW YORK, Jan 24 (IFR) - There is nothing for Aussie to do at the moment but go along with the rest of the crowd. Some early dividend related buying is followed by broad USD selling as US shares recover. In equities, oil and tech shares are up while basic material shares fall. As 2012 historical backdrop, the All Ords is +4.3% y-t-d. World equity indices y-t-d are led by BRICs, the US, and some European ones. In other words, Aussie's appeal as a commodity or yield play is middling in this particular risk on environment. Simply, there is a lack of reflationary forces as governments try to retrench and economies save more. Even a high Australian CPI number tonight cannot convince one of monetary reflation - yet. Rate cuts in BRICs, a rising China market, or reserve diversification may reflate Aussie on its own but, for now, fading momentum caps spot at 1.0480. Two side notes on Aussie assets overall. First, Toyota announced yesterday job cuts in Australia because labor costs were too high. Second, Peabody just said that Q1 earnings will be hurt because Macarthur mines are "not up to industry standards." Aussie itself may need to retool before buyers reemerge. @thomsonreuteres.com"

Where will we be, pricewise, in 1 month?
Im' interested to know YOUR opinion!

AUD/USD price poll, What price will we have on COB Friday 24 FEB...

Poll is open for 6 more days...

Entered Long @ 1.0481, Sl 1.0451, Tp 1.0681

I might join you later but eco data pending.

AUS/USD @ 1.0485

CPI today at 11.30 am AEST
This is a tough call.. Prices in Australia have been going up but retail sector having sales every 2 seconds is smoke and mirrors.
Given the data coming out recently I dont trust the figures.

I would stand clear of positioning into these numbers

Range 1.0375 - 1.0600

EUR/AUD @ 1.2430

Once again 1.2200 proves to be a good support and profit takers emerge
Stand aside for clearer signal

GBP/AUD @1.4899

1.4700 is the level and shorting ahead is dangerous.
Be paitent.. If it aint meant to be then dont worry but it will happen

http://www.smh.com.au/business/world...125-1qgab.html

Good luck and happy Australia day for tomorrow.

getting ready to short .. aud index is getting ready to cross the 50 level rsi. I think this drawn out up move is coming to an end

maybe wait for cpi result?

Possible that CPI would trigger the 50 RSI DK is looking for.
IF CPI were to follow PPI, it suggests lower print.

I heard Vegetables (food) are the ones rising?
Can aussies confirm?


FYI: Retail Traders are net short AUDUSD.
The latest drop down to 1.0430 could be a lure to catch more short into the table and to shake off some longs as well (profit taking).
We might find a spike down only to spike up again in spite of bad data (just like last week's very bad Employment).
Fundamentals are short term noise.
And in spite of the No Deal out of Greece, we didnot see any market sellof EURUSD went back above 1.3000 as well. HOPE is still in the air.
There is FOMC which would be USD bear.
In short, it is DICEY to short AUDUSD.
But then again, a good CPI could be the trigger for LONGS to unload as well as I have seen so many times.

Everything is rising here - they are going to rename Australia -VIAGRA.

Utilities, fuel, food and services.

Imported goods like TV's etc falling.

dropped like NP! and up??

it's still bullish now , so news don't mean anything but opportunity to long at dip..maybe at 1.075 - 1.12 then it'll start bearish..