AUD/USD

Aussie rally will be short lasting, will be looking to add first short at 0.9040

Short 0.9035, hourly RSI shows slighty overbought, resistance at 0.904 which usually takes more than one attempt(refer to charts) to break and closee above

Unemployment is likely to tick higher and I hardly see added jobs above 15k, due to the fact that labor participation rates are at historical lows, with ageing population increasing, mining projects completed, household service sectors employment which was driven mostly by health industry being somewhat slowed, non-mining business investment subdued due to decreased demand

on a positive note, housing prices have increased and that have an important bearing on the economy, however, housing market 'outperformer' alone won't offset other sectors which currently are subdued

Double pick for some buy trades.

fading Aussie - thinks it's a bit overbought between 9000 and 9050

Theres a lot of filling up to do below if its to get any higher above 9050. Started fading Aussie as well.

Well totally agree with you. Bulls too active at the moment.

update.....

both ab=cd reached

http://www.mql5.com/en/charts/143748...al-markets-pty

Good Morning !
Today's S/R levels on MT4 Templates

EURO
CABLE
AUDUSD
GOLD
S& P 500

http://www.forexfactory.com/showthre...99#post7273499

Hell Yeah Danny. However getting closer to previous resistance

Still holding short here; the bears appear to be holding the fort, at least for now.

i think aud/usd is in an uncertainty zone and we just have to see wich way is gonna go

I see, the shorts here are still alive and well Keep on going guys, sell more so we can get through these stops here at 9070

I have 2 short trades also

one of the biggest rules in trading is this
If there ain't no stops, there ain't no end of the move
There is no such thing as overbought until shorts puke out of their positions and even then there is no guarantee of any downswing
Right now we're still grinding which means hold longs
i'm taking some profit though here at 904x because we still have more than 24 hours until AUD employment, Yellen is already over and 9070 hasn't gone yet, so 9070 is probably the event tomorrow and until then we may see some noise

however i am now short GU at 1.646x

FX dealers report asian banks selling in AUDUSD ahead of .9050​

I think AU is due for more downside with unemployment data coming out.
Looking to enter all in AU short long term position..
Considering 0.9100 with 0.9300 SL or 0.9150 with 0.9350 SL..

going ballistic on bullshit china data.

If you ask me AU is just readying itself for the move down yet to come
*cough* insiders knowing bad unemployment releases are on their way *cough*
Just my opinion.

Can't believe there are still so many shorters in this thread, it's absolutely insane after everything discussed since yesterday. I must have posted 20 times/reasons not to short ever since 0.9000 and after my posts 5-10 new shorter posts came up. While I did miss this spike up (mostly from missing the trade balance data on the calendar), I took profit NYC close at 4x, you're suicidal if you think employment is going to come out bad. If the big movers thought it would come out bad we wouldn't be trading here a day before the number, duh.

It's amazing how many retail traders get angry once the market starts trending. THE TREND IS YOUR FRIEND

Am I the only one long?