Use me as a contrarian indicator ![](https://resources.faireconomy.media/images/emojis/64/1f61c.png?v=15.1)
![](https://resources.faireconomy.media/images/emojis/64/1f61c.png?v=15.1)
EUR/USD, AUD/USD, and CAD/USD ready to move up 2 replies
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Anyone here trading AUD/USD or USD/AUD tonight regarding AUS Home Loan Report? 1 reply
The AUD/USD 1.00 EUR/AUD 1.60 GBP/AUD 2.00 Thread! 0 replies
AUD Trade Balance and AUD Retail sales 6 replies
Dislikedpersistance of wanting it to change direction amazes me thats why there are large trends on this pair just follow the trendIgnored
DislikedI fully understand your point here, but can anyone make any since out of the strong BULL movement of the DXY? U$D has to be just about the weakest of the majors, we (USA) have the printing press running "25/8"!! Can the U$D keep this charge to 80 - 81 going? Or am I looking at this the wrong way?Ignored
DislikedYour thoughts seems logical and valid. All the more reason to place your bets in the opposite direction. This is forex.
Regards,Ignored
DislikedI fully understand your point here, but can anyone make any since out of the strong BULL movement of the DXY? U$D has to be just about the weakest of the majors, we (USA) have the printing press running "25/8"!! Can the U$D keep this charge to 80 - 81 going? Or am I looking at this the wrong way?Ignored
Disliked80 is the low for next few yrs what currency has better gold backing?Ignored
DislikedDoes the AUD Still have strong correlation with Gold?
Nearly what the %?
ThanksIgnored
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DislikedAUD/USD @1.0510
1.0450 buyers again as 1.0500 gave way triggering the weak longs.
Today sellers should appear near 1.0550 so would use any rally to lob them out with stop above 1.0575
I prefer to trade off the short side still as the momentum suggests.
My objective of 1.0350 still stands.
Good luckIgnored