AUD/USD

Indeed. September looks like it won't disappoint as far as policy/communications and general news, so the wait shouldn't be too long.

Ohhhhh YAAAA (Kool aid man I wish they had a face for)

Now the fun level begins for a new battle...But as a bear would say or i think Sheen said .,......WINNNING!!!

Hah nice . Yeah a break through 10340 and things are starting to look real, real nice for the short.

Tibit- EWT had big support at ~10340 as of yesterday, the 50day was something like 10342.

You have to clap for the option barrier players defending their levels so their options dont exipire worthless..They are doing a good job here defending 1.0350

1.0350 went this time yesterday? Anyway... for me I need 1.0250 knock outs to hold by Friday Tokyo cut for my 1.05 puts... fingers crossed!

You could be right I will check again...Nice puts by the way who do you go through ..

Who do I go thru? Doesn't matter, but it's one of the big European banks. Soon to be small? hehe

Good point..lol we will see if certain ministers can get over themselves and get that money out or a few need to leave.

Wave Projection w/ Supply and Demand

channel broken. 200 day MA could provide support but I dont think it will be enough.

[quote=FaRa13;5966129]channel broken. 200 day MA could provide support but I dont think it will be enough.[/
Channels can be drawn all sorts of ways.

Nice charts above they have shown me other levels I have not considered thank you.


Here is what I am watching..Yesterday we did not budge at all and tried multiple times to break above the Major support to no avail...Now On ES (s&p) is forming an inverted H&S that will either complete come Jackson Hole or crack lower causing a higher probability of a down month in September.

Now correlation with ES and AUD/USD is relativly high and this week the reading is getting stronger to +1..If we break upwards today I will be a seller at previous chart levels mentioned.

ES and AUD

[quote=bogus;5966275] with only two points of contact, you can draw any channel

Prelim GDP US will most likely be the headline event that gives us direction today otherwise we might see level chop heading into NY

[quote=FaRa13;5966295] True, but a channel has to be equidistant

GM All, Hi JPLazard,
may I request you to post a yen cross chart, like the audcross you posted few days ago. It will help me to finish my yen analyse.
Any way thanks for your posts.
Maximinus

AUD looks to get weak! Is it all bears from now on?

sure one sec

Here is the AUD crosses for the last several day some seem to be turning upward..AUD/USD might spike today upward before another round of selling..

BRB with Correlation AUD/JPY AUD/USD