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AUD/USD

  • #92,961
  • Oct 21, 2015 7:36pm Oct 21, 2015 7:36pm
just need to break 0.724 during european session
  • #92,962
  • Oct 21, 2015 7:57pm Oct 21, 2015 7:57pm
Quoting lioslim
it is going up , all the way to 0.744
that is speculation..
  • #92,963
  • Oct 21, 2015 8:53pm Oct 21, 2015 8:53pm
Quoting lioslim
it is going up , all the way to 0.744
that is speculation..

May sounds like and it may be . 0.724 is a strong resistance (old support) zone in a 1 h chart, breaking that zone will open possible uptrend which will be reaching to close a double bottom on 1 Day chart. I dont know if that will happen, but its a techical possibility
  • #92,964
  • Oct 21, 2015 9:34pm Oct 21, 2015 9:34pm
what the heck was that..
  • #92,965
  • Oct 21, 2015 9:35pm Oct 21, 2015 9:35pm
Quoting jdx1984
{quote} just be patient and wait for the signal, I still stick to my judgement, it will drop down to between 0.7192 and 0.7175, then look for long
Guys, you are welcome lol
  • #92,966
  • Oct 21, 2015 9:38pm Oct 21, 2015 9:38pm
CBA just announced they are increasing mortgage rates. Down down aussie is down!
  • #92,967
  • Oct 21, 2015 9:42pm Oct 21, 2015 9:42pm
meh....chance for more longs....nothing dramatic
  • #92,968
  • Oct 21, 2015 9:47pm Oct 21, 2015 9:47pm
Quoting Dane
Hey, If you're trading the AUD/USD pair you may want to have the AUD/NZD pair up as well to get an idea if the AUD or NZD is dominant... D
Yes exactly!And in the meantime, I sense the bull run may not actually happen. I mean...undervalued or not, things have just been too negative for bulls to stride up confidently. I'll watch.
Oh man, ouch for you guys in the long trade. That came from nowhere! Fortunately I took the morning off and got locked out of my hotel room away from my desk.
  • #92,969
  • Oct 21, 2015 9:47pm Oct 21, 2015 9:47pm
Quoting georgemoon
CBA just announced they are increasing mortgage rates. Down down aussie is down!
This will probably make the RBA happier if anything, it will address the housing speculation without them having to do anything. I am 100% certain there won't be any changes to interest rates in November.
  • #92,970
  • Oct 21, 2015 9:52pm Oct 21, 2015 9:52pm
Why A/U negative? Would think positive, maybe just knee jerk 30 pip drop...
Enter Signature
  • #92,971
  • Oct 21, 2015 9:54pm Oct 21, 2015 9:54pm
Quoting san99
Why A/U negative? Would think positive, maybe just knee jerk 30 pip drop...
easy reason to stop out the traders..
  • #92,972
  • Oct 21, 2015 9:56pm Oct 21, 2015 9:56pm
just shorted euraud and gbpaud for 60 pips each LOL....

Easy scalp....it will prolly drop further as that move was just a knee jerk reaction. Not justified to move like that over some BS news.....

Anyway longs still look good for AU - not going to let a 50 pip drop scare me !
  • #92,973
  • Oct 21, 2015 9:59pm Oct 21, 2015 9:59pm
Quoting Lionheartfx1
just shorted euraud and gbpaud for 60 pips each LOL.... Easy scalp....it will prolly drop further as that move was just a knee jerk reaction. Not justified to move like that over some BS news..... Anyway longs still look good for AU - not going to let a 50 pip drop scare me !
I'm with you on this ride up!
  • #92,974
  • Oct 21, 2015 10:00pm Oct 21, 2015 10:00pm
got in another long @ 0.7201.

Lets see if the bull is really back this time.

3rd attempt to break downward seem to fail.

cloud start to clear up more, but still have uncertainty in it.
  • #92,975
  • Oct 21, 2015 10:02pm Oct 21, 2015 10:02pm
Quoting SkyrEk
{quote} I'm with you on this ride up!
BADA BING !
  • #92,976
  • Oct 21, 2015 10:14pm Oct 21, 2015 10:14pm
Quoting Lionheartfx1
{quote} BADA BING !
Im a up rider too count me in!!
  • #92,977
  • Oct 21, 2015 10:22pm Oct 21, 2015 10:22pm
Anyone working off Pivots - looks as if like the daily low price hit today's S1? Can anyone confirm? thanks
  • #92,978
  • Oct 21, 2015 10:23pm Oct 21, 2015 10:23pm
the flip side of the coin is banks are raising their rates now because they know the RBA isn't going to drop rates in November..
  • #92,979
  • Oct 21, 2015 10:25pm Oct 21, 2015 10:25pm
Quoting san99
Why A/U negative? Would think positive, maybe just knee jerk 30 pip drop...
Its because the largest bank is Aus just announced increasing rates. This will put more pressure on the RBA to decrease rates.

Looks to me the aussie will turn into a paso in near future.

Was really thinking it would punch up to near .75 but have my doubts now.
20 Pips a day keeps centerlink away
  • #92,980
  • Oct 21, 2015 10:39pm Oct 21, 2015 10:39pm
short aud across the board.
good luck everybody
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