AUD/USD

Hi guys

Looks like we are still realizing small consolidation ranges in the USD based pairs across the board. Most of my attention has been on AJ as the BOJ Oct 30th stimulus continues to be priced in further weakening the yen across the board.

In regards to AU the 1.0294/1.0304 area held on the first test as expected. The major trigger area which must break topside to have another peek at 1.04 continues to be the 1.0351/1.0360.. Minor support from the 314/319 is crucial and should open up either number top or bottom

I am currently looking to buy any dips until the 1.0283 is broken and closed under. Good luck guys. CPI news at the asian open tomorrow may temporarily break the range. Earning reports continue to drive sentiment and AAPLs reports thursday should be another mover to watch.

Wulf

Pepperstone refunded, well done them. Anyone affected should contact their broker:-

"Dear Stephen,

Thank you for your email and advising us off this issue.

Please note that due to an inverted price quoted by Deutsche Bank at 2012.10.22 20:48 (chart time), all AUD crosses have displayed an invalid quote at this time. As MetaTrader does not show inverted spreads, this was reflected on charts as a sharp upwards / downward candle on AUD cross pairs during this time. Deutsche Bank have notified us that over 8000 of their prime brokerage clients were effected by this system failure and that they are taking steps to improve their pricing technology. Until we are are satisfied that Deutsche have fixed theses problems, we have removed them from our pricing aggregation engine and as such they will not be streaming quotes to our clients.

The price at 2012.10.22 20:48 (chart time) has been withdrawn by Deutsche Bank from the market and they have corrected a number of trades as it wasn't a valid market price at that time. We have now corrected AUD cross charts to ensure that the valid market price is now reflected.

Concerning the trades that you have indicated were impacted by this invalid price movement (1467934) we have now cash corrected your account as compensation for the loss incurred as a result of this invalid price quote.

Please feel free to contact us should you have any further questions or concerns regarding this issue.

Best Regards,

Martin
Pepperstone Support"

A/U =https://encrypted-tbn1.gstatic.com/i...SIglZqnsCrClr8

Looks the Gap fill is around the corner here I spoke about last week we will see if it breaks below or holds this area.
AU futures

http://www.forexfactory.com/showthre...84#post6116684

ES is acting very heavy considering the time of trade. If AAPL fails to deliver in NY you could see ES roll over to 1410 sending AUD/USD lower.

If you believe the US indices are a bit overextended and due for a slight correction you better believe it will take risk with it including AUD. If you think that this is just a blip than you can go back to sleep with ease.

http://www.forexfactory.com/showthre...24#post6113824
THE pics above since then on Fridays selloff
Copper has broken Daily support
Palladium is about to complete the HS
Platinum has broken its rounding top
Oil failed to break the Inverted HS and now is at the bottom of the trading range set 10/3
Gasoline has been whacked breaking various supports looking now to go back down to June Lows at 2.45
As for Indicies You already know the story from Friday. Keep an eye on Russell it really is telling a picture that ES is still trying to develop

Hardly see any reason to be bullish AUDUSD.... 1.03 broken now we just need a daily close below and we are confirmed break for downsouth retest of 1.0160 low support

What a difference a couple of H4 candles make. Right?

This is my expected move on the AUDUSD in the short term. if we break this yellow line. that is IFFF we have a confirmed break below it... i will look to short on a retest as the picture shows...
But then again i have to ACT like i know nothing or else it might piss people off...

Like i said... Gold is headed down to 1660 if we manage a daily close below that Daily EMA55 Confirmed by a Bearish Divergence as you can see plotted in the chart
have a nice day, i know nothing

"have a nice day, i know nothing "....

don't feel so bad, neither do the Analysts nor all of the Guru's that spew out all the time.

Charts tell the tale.

It's all good.

I think good to buy Now 1.0248 and sell after 5 pip

done

Come on bulls, whos gona be the first to ask whats going on with audusd??

I want some amature bull to do this

"Why dear god, why is audusd falling?!?!"
And im gona say.... Its in the charts....

Enjoy being burned, ive warned for days that audusd will retest the 1.02 and possibly break it on the renewed momentum where we had our topmaround 1.04 last week....

PnL since the first RBA cut has exceeded the peak set 10/8 now over 140K unrealized since adding at 104 10410 10350. This TOO will pale in comparison to what is coming for AUD/USD
http://www.forexfactory.com/showthre...26#post6125526

Like I said last night ES was acting heavy and now broke some major support its risk off meets ugly
AND like i have said for some time this is THE BEGINNING FOR WHAT IS COMING FOR AUSTRALIA

suffering bulls should be ok for today at these levels we have hit the Confluence area of Fibs so take solace in that. But if we are trading here come 13days ohhhhhh watch out now. Lets see if ES can pull the EOD miracle again although that was faded overnight

Some data is coming out tonight, what are the expectations? i think will go long once it hits the 1,023

CPI reading out of AUD will really show if the RBA will cut in Nov or not

CNY PMI- another trader said this is going to be the most watched PMI in two years because of the bottoming data they say is occurring to shift attitudes if China really is a buy again.

Considering where we are on RSI and Confluence any better news than yes a move back up to at least 1.0350 could be in play.

Lol buddy im watching at H4 cuz it might give me signs that AUDUSD could get back up to 1.0300 (There seem to be a Bullish Divergence forming on the H4, but it really depends where the current H4 candle closes so im not gona say is a confirmed bullish divergence.... if its not a confirmed bullish divergence... it means we can still watch as Lower Lows gets created), But if its a confirmed bullish divergence on H4, ill be loading shorts if i get up there.... for moves as big as today....

What a beautiful site so close to 618. I suspect if we do get a cut in Nov the 1.02 print will no longer hold and we trade down to 50% retrace at 1.0102

My target is still 1.0050 from there I will assess the framework.

And people are thinking about hoping on the so called Bank's Bull recommendation Wagon to Long up to 1.07, i mean PLEASE!!! sheesh....