AUD/USD | Page 2858 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

AUD/USD

Similar Threads

EUR/GBP, EUR/USD, GBP/USD, AUD/USD, CAD, NZD, JPY, and more... 15 replies

EUR/USD, AUD/USD, and CAD/USD ready to move up 2 replies

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

Attachments: AUD/USD
Exit Attachments

AUD/USD

  • #57,141
  • Dec 13, 2012 7:26pm Dec 13, 2012 7:26pm
this is one way to bring down Aud

The Organisation for Economic Co-operation and Development has given Treasurer Wayne Swan the green light to delay the budget's planned return to surplus this financial year if the economy deteriorates more than expected.


Read more: http://www.smh.com.au/business/the-e...#ixzz2Ez9QD1CD

  • #57,142
  • Dec 14, 2012 12:51am Dec 14, 2012 12:51am
Quoting HelloOz
this is one way to bring down Aud

The Organisation for Economic Co-operation and Development has given Treasurer Wayne Swan the green light to delay the budget's planned return to surplus this financial year if the economy deteriorates more than expected.

Read more: http://www.smh.com.au/business/the-e...#ixzz2Ez9QD1CD

I suspect the surplus is more about gaining politicial points (votes) than sound financial management. Will be interesting to see which they put first.
Hope for the best, prepare for the worst.
  • #57,143
  • Dec 14, 2012 2:31pm Dec 14, 2012 2:31pm
Almost there.

There was a position I wanted to get in, but my entry was missed by a pip. Maybe next week.

Daily
Attached Image (click to enlarge)
Click to Enlarge Name: dailyaudusd.png Size: 25 KB
Play the players, not the cards.
  • #57,144
  • Dec 14, 2012 8:13pm Dec 14, 2012 8:13pm
Quoting HelloOz
this is one way to bring down Aud

The Organisation for Economic Co-operation and Development has given Treasurer Wayne Swan the green light to delay the budget's planned return to surplus this financial year if the economy deteriorates more than expected.


Read more: http://www.smh.com.au/business/the-e...#ixzz2Ez9QD1CD

By the way believe it or not, if treasury delays returning to surplus and decides to raise more debt over current the 250billion limit. This is actually a positive for aud forex prices in the short/medium term. Why? Because right now the primary thing that's stopping investors from going to buy more aud bonds is that liquidity is limited by that 250 billion auction limit. With new bonds issued only to replace older maturing bonds, and that's causing the bid to cover to rise and yields to drop. Where as nz have no legislated limit and so have more debt-to gdp but more liquidity.

In fact right now the inflation adjusted yields on aussie 10 yr bonds is lower than nzd bonds by around 50 basis points, even though the cash rate is 50 basis points higher! Just a few months ago the aussie bond yields were higher than nzd bonds but the same on an inflation adjusted basis. But now nzd bonds are much more attractive on the secondary market, resulting in outperformance of nzd over the aussie in terms of new bond investments.
  • #57,145
  • Dec 14, 2012 10:02pm Dec 14, 2012 10:02pm
They also don't have a problem with illegal immigration
  • #57,146
  • Edited Dec 15, 2012 1:38am Dec 14, 2012 10:36pm | Edited Dec 15, 2012 1:38am
Quoting JTattheRanch
They also don't have a problem with illegal immigration

good point. Current prices of usd and eur against aud include risk of ethnic clensing scenarios in eu and civil unrest scenarios in us. This cant happen in au.

I expect strong week/month for AUD. 1.10 is achievable before NY. Notice Shaghai 4% up on friday !
  • #57,147
  • Dec 16, 2012 1:27am Dec 16, 2012 1:27am
AUD/USD closed for the week at a 3 month high at 1.0562.
  • #57,148
  • Dec 16, 2012 5:33am Dec 16, 2012 5:33am
Hi gurus,

Im a quiet spectator in this forum n am amazed to see you guys predict future. Me, im quiet novice n am trying to trade as i see the technicals. Hence my question for gurus here. I trade on 4hr chart with stochastic default setting of 14, adx setting 14, cci setting 50 and finally standard deviation 21. My question is should cci and std dev should also be set to 14 so i am seeing back signals from sames period of 14 or can i have them as i want them. I know theres no right or wrong but whats the forex principle ?

Thanks.
Be the change that you want to change
  • #57,149
  • Dec 16, 2012 6:32pm Dec 16, 2012 6:32pm
I am out.
If skills could be acquired by watching, every dog would be a butcher. Turk
  • #57,150
  • Dec 16, 2012 11:59pm Dec 16, 2012 11:59pm
Hi Everybody!
Do you interested in this bat on attachment?
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD - Scan Bat - 4 hour - Dec-17 1238 PM (4 hour).png Size: 73 KB
  • #57,151
  • Dec 17, 2012 12:00am Dec 17, 2012 12:00am
Quoting vunamhung
Hi Everybody!
Do you interested in this bat on attachment?
yeap.
i have that on my chart
  • #57,152
  • Dec 17, 2012 12:28am Dec 17, 2012 12:28am
Quoting HelloOz
yeap.
i have that on my chart
Can you tell me the name of software you used to see your pattern? I used Motive Wave
  • #57,153
  • Dec 17, 2012 12:36am Dec 17, 2012 12:36am
Quoting vunamhung
Can you tell me the name of software you used to see your pattern? I used Motive Wave
Chart platform is proreal time
Indicator used is fib

Thats right, manual drawn
I am not lazy, i work for my money
  • #57,154
  • Dec 17, 2012 12:47am Dec 17, 2012 12:47am
Wow, I'm sure that you have strong skill with gartley pattern HelloOz, I'm new in this market and I can't manual draw trend line or gartley pattern.
Thank you for sharing with me your method.
  • #57,155
  • Dec 17, 2012 3:57am Dec 17, 2012 3:57am
Rate cut of .75-1% a real possibility in the next 12 months. Hard to unwind this carry-trade and depends on the timing of the bond markets. Could we really be looking at a medium-term top? Get your calculators out ladies and gentlemen.
For now:
Attached Image (click to enlarge)
Click to Enlarge Name: audxxi.png Size: 38 KB
  • #57,156
  • Dec 17, 2012 3:58am Dec 17, 2012 3:58am
Quoting vunamhung
Wow, I'm sure that you have strong skill with gartley pattern HelloOz, I'm new in this market and I can't manual draw trend line or gartley pattern.
Thank you for sharing with me your method.
i use fib all the time,
would draw triangles whenever i see fit.
  • #57,157
  • Dec 17, 2012 3:59am Dec 17, 2012 3:59am
Quoting DrDiscretion
Rate cut of .75-1% a real possibility in the next 12 months. Hard to unwind this carry-trade and depends on the timing of the bond markets. Could we really be looking at a medium-term top? Get your calculators out ladies and gentlemen.
For now:
ANZ has drastically cut its interest rate forecasts for next year, citing a sharp weakening in the mining sector, higher unemployment and the strong dollar as the rationale behind a drop of 100 basis points.


ANZ had forecast the Reserve Bank of Australia’s official cash rate to stay on hold at 3 per cent for all of 2013, but is now predicting a 25 basis point cut in each quarter, ending 2013 at 2 per cent. Among major banking institutions, ANZ now has the lowest forecast for interest rates, along with Macquarie Bank.


Read more: http://www.smh.com.au/business/the-e...#ixzz2FImQ7W00

  • #57,158
  • Dec 17, 2012 4:06am Dec 17, 2012 4:06am
Quoting HelloOz
ANZ has drastically cut its interest rate forecasts for next year, citing a sharp weakening in the mining sector, higher unemployment and the strong dollar as the rationale behind a drop of 100 basis points.


ANZ had forecast the Reserve Bank of Australia’s official cash rate to stay on hold at 3 per cent for all of 2013, but is now predicting a 25 basis point cut in each quarter, ending 2013 at 2 per cent. Among major banking institutions, ANZ now has the lowest forecast for interest rates, along with Macquarie Bank.

[left][color=#000000]Read...
both banks must be short & underwater
  • #57,159
  • Dec 17, 2012 4:42am Dec 17, 2012 4:42am
Quoting macroman
both banks must be short & underwater
What are you basing that on?
  • #57,160
  • Dec 17, 2012 5:10am Dec 17, 2012 5:10am
Quoting DrDiscretion
What are you basing that on?
I do not have factual data. Used deduction based on estimated past order flows.
41 traders viewing now