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AUD/USD

Support levels @ 0.7665 & 0.7650.
Quoting FxMegaCB
be careful traders, we are about to reach a very important zone 0.7674 It is a very sensitive bull spike level... might see a spike up 60 pips or even more...
This is weird, it didn't bounce!! something is very wrong in here!!!
Quoting FxMegaCB
{quote} This is weird, it didn't bounce!! something is very wrong in here!!!
what support are you referring to?
maybe .765 ?
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wow ............ i'd like to join you guys FUCKING MAJOR
don't find the correct answer in market. just feel it and follow the wave.
Quoting HelloOz
{quote} what support are you referring to? maybe .765 ? {image}
let see if it bounce here..
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Quoting FxMegaCB
{quote} This is weird, it didn't bounce!! something is very wrong in here!!!
i've been feeling like this since morning. some pair like cable with major support broken today. but USD/CHF look so weak..... i dont know where the bulls are from
Quoting TuTang
{quote} i've been feeling like this since morning. some pair like cable with major support broken today. but USD/CHF look so weak..... i dont know where the bulls are from
believe it or not, this market is so manipulated because neither fundamentals nor technical work with it. It is based only RUBBISH!! or should I say it loud 'Golden Fingers'.
Will It Bounce Back or go to 0.72XX??
Quoting FxMegaCB
{quote} believe it or not, this market is so manipulated because neither fundamentals nor technical work with it. It is based only RUBBISH!! or should I say it loud 'Golden Fingers'.
I dont know, could be the fed talk on Friday. But its so hard to explain the strong bull today. No fundamental behind. If pure technical then it should react to technical level but not even a single bounce happen on virtually any pairIm still expecting some bounce tmr......
If price decides to test previous day's lows, could see it spiking to 0.7629 level. A strong rejection off those levels and price could possibly reverse from there.
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i don't trade AUD directly i prefer GBPAUD and AUDJPY instead when i want to trade i have been trading since 2007 nearly 8 Years, and in my experience if you want to make more pips you go with cross pairs because if AUDUSD moves 50 Pips GBPAUD moves 100 pips and that is double the move,
so here is my trades for AUD today, and Please Do Remember i can Be Wrong, i am Just sharing my Trades and Analysis, i am Fundamentalist, so these will be short term trade only for 30-40 pips,
1: Sell GBPAUD @ 1.9330, Target: 1.9300-1.9290
2: Buy AUDJPY @ 91.95, Target: 92.30
Wish Me Luck well in forex you don't need luck just Good analysis actually but what ever,
in Long term i will wait for 1.98xx for GBPAUD to start selling for 1.9000
and AUDJPY i will start buying from 90.00 for 94.50
Thank You,
Green Pips to all.
Don't compare your Trades with Others
If you tell everyone it's going to bounce or go up, then it will continue down. You are an idiot. Why do you people always tell everyone which way it's going?
Quoting JTattheRanch
If you tell everyone it's going to bounce or go up, then it will continue down. You are an idiot. Why do you people always tell everyone which way it's going?
:nerd: smarter post i even seen here so far
Quoting Lamira
{quote} :nerd: smarter post i even seen here so far
But then if I am long do I just tell everyone "the bottom is about to fall out of the market, get short now" and sit back for price to shoot up. Is this the holy grail that has been missing in my trading?

If we can't share our opinions and can only report facts than the forum would be pretty dull. Maybe the poster in question needs to start a 'facts only' thread.
Hope for the best, prepare for the worst.
Quoting Hongkong
Short bias on the pair. Short around 0.7660 targeting 0.71X. Watching 0.7730 and 0.7660 area. {image}
0.7660 has broken, so what's then....? Fall to 0.71xx?
Quoting henryfekok
{quote} 0.7660 has broken, so what's then....? Fall to 0.71xx?
The next relevant target is 0.755, it can be today or it can be next week (month?).

I'm more inclined to focus on the difference between eurusd and audusd now (euraud), we can play an audusd bounce or an eurusd fall, both in one single trade (short euraud), that is what i'm doing.
long at .76200
Quoting spaceduck
{quote} The next relevant target is 0.755, it can be today or it can be next week (month?). I'm more inclined to focus on the difference between eurusd and audusd now (euraud), we can play an audusd bounce or an eurusd fall, both in one single trade (short euraud), that is what i'm doing.
Is RBA satisfy enough with current currency rate? Or RBA become want to below 0.75?
Quoting henryfekok
{quote} Is RBA satisfy enough with current currency rate? Or RBA become want to below 0.75?
What the RBA want or not want is totally meaningless to the market..
will the EUR decision to bail Greece out have any effect on the AudUsd?
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