DislikedAnyone trading this pair currently?
Just opened a short @1.29001. Just a small one, but not costing me anthing to hold, got a lot of room to move with my SL so we'll see how this plays out.
Pair hasn't been above 1.29500 all year. Positive rollover + news in Europe lately/upcoming, what do you guys think?Ignored
DislikedA lot of bad news from Europe could cause EUR/AUD to be very bullish, so I'm not sure if this is the pair to try to short speculating on bad news from Europe. Also keep in mind Australian fundamentals are about as bad as it could get with mounds of debt and threats of more series of rate cuts coming. There's some serious possibility of more printing which further jeopardizes this currency, as RBA seems to want to devalue its currency for better building.
If we continue to see the bear market similar to late 2008-2009 when everything basically crashed,...Ignored
DislikedInteresting points thanks for sharing, great first post I must say. Why is it that you think EUR bad news = good for EUR?
I'm short EURUSD too, so not really hoping for strength in the Aussie (obviously lacking looking at AUDUSD this week).Ignored
Dislikedthis is interesting pair, has potential to go UPIgnored
Dislikeddo you think it is the bottom...i hope it go up...i am longIgnored