Aussie Trading Room and Cartoons Gallery

right, 60 it is - add another 48 hours to the schedule then^^

Why do you think it's 48 hours?

OK, 52!^^

This baby moves like a turtle.

ausie baby or sandy baby??

AUD really doesn't want to go down without a fight - even poor new home sales figure did not bring it down @@

1.0340 was the previous support area, which drop into 1.0326 very swiftly during us session as monday's volatility was quite poor when the range was mainly in 1.0341-1.0362. If support turns resistance is valid, price shall not contain above 1.0341, and selling could continue from there.

As long price is contained below 1.0360/65, i am bearish for 1.0305 [near 61.8 of 1.02 low to 1.0395 high] to be test again before 1.0270 the former breakout to the upside point as the next existing support or resistance turn support.

The minor 1.0340 is support turn resistance but can be taken out at any time of the day. If 1.0341 is contained, favor for position to be traded back to 1.0360.

Range 1.0326-1.0365, above 1.0365 favor for 1.0385/1.0405.

I trade based on price and 2 possibilities, so sharing my out look.

I concur^^

Aud is keen on breaking resistance -
in 10 minutes everything will be clear, since Jpy will start moving and that will influence AUD move as well.

currently hedging (to an extent) - that is, buying usdjpy and selling audusd

one reason is because my medium term analysis is bullish on usdjpy and bearish on audusd

intra-day outlook before frankfurts hour only. if a trader is not greedy, he /she can easily scalp a few here and there.

I will close my aud short at 1.0285 level
as for jpy, if it goes down, I will add more longs at 79.30 or so

the funny thing is - usdjpy and audusd are moving in exact opposite directions, so my hedge really is working out like a proper hedge^^

jpy took a bit of a dive - I wonder if the conference began yet..

both, aud and jpy are recovering - I guess the jpy interest rate conference will serve as the trigger for both currencies

liquidity seems to be low - prior to the conference, both currencies are in the stop hunt mode.

One day, Japanese interest rate conference will happen, then aud and jpy will move!^^

usdjpu finally moving into positive territory - press conference should occur sometime within 45 minutes

I wonder if the conference has been suspended...