AUD/USD: Trading the Australian CPI | Forex Factory

  • AUD/USD: Trading the Australian CPI

    From forexcrunch.com

    Australian CPI (Consumer Price Index), which is released each quarter, measures the change in the price of goods and services charged to consumers. A reading which is higher than the market forecast is bullish for the Australian dollar. Here are all the details, and 5 possible outcomes for AUD/USD. Published on Wednesday at 00:30 GMT. Indicator Background Analysts consider CPI one of the most important economic indicators, and an unexpected reading from Australian CPI can quickly affect the direction of AUD/USD. CPI improved to 0.4% in the second quarter, matching the forecast. The upswing is expected to continue in ... (full story)

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Not-KPMG
Oct 24, 2016 4:50pm
Permalink
Hahaha
"A reading which is higher than the market forecast is bullish for the Australian dollar."

A big funny half-truth
We aren't talking 1% difference...

If the number is worse, the Aud will go up in the next few hours. May drop next day..
If it's a bit better - drop. And keep dropping
Why?
Wait and see.

Personal opinion. Not advice.
Reply
Not-KPMG
Oct 25, 2016 8:16am
Permalink
Quoting elanjaelani
Yes ! It's aready going up...
Yes. Why??
Is it that brother bankers leaked the tomorrow CPI numbers?
Nooooo
They wouldn't do that

Quoting PaulDaemon
Would like to say something but i wont
Say it Paul

Sharing knowledge is good. Jokes and all.
Reply
Not-KPMG
Oct 25, 2016 7:45pm
Permalink
Quoting Not-KPMG
Up?
Yes. Why??
Is it that brother bankers leaked the tomorrow CPI numbers?
Nooooo
They wouldn't do that
....
Tut tut tut
The muppet show, A/usd is on it's way. CPI numbers very good, all leaked couple days early. That's why A/U was jumping at any event - Draghi, Godzilla, dead possum... Just jump.
0.7707 now.
People asked why
Reply
kingleeny
Oct 24, 2016 5:06pm
Permalink
Quoting Not-KPMG
Hahaha
"A reading which is higher than the market forecast is bullish for the Australian dollar."

A big funny half-truth
We aren't talking 1% difference...

If the number is worse, the Aud will go up in the next few hours. May drop next day..
If it's a bit better - drop. And keep dropping
Why?
Wait and see.

Personal opinion. Not advice.
seems about right
Reply
Aussi
Oct 24, 2016 6:46pm
Permalink
Reply
Aussi
Oct 24, 2016 9:07pm
Permalink
Quoting PaulDaemon
Would like to say something but i wont
ME TO
Reply
Aussi
Oct 24, 2016 11:24pm
Permalink
Quoting pauldaemon
would like to say something but i wont
gap closing on aus200
Reply
Not-KPMG
Nov 1, 2016 9:10am
Permalink
Muppet show continue
They keep rates, jump and deflating balloon, most likely....

You know....
Reply
elanjaelani
Oct 25, 2016 6:53am
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Quoting Mutax
hi guys i'm currently bullish on the audusd any advice on move because the trend looks to be changing direction
Yes ! It's aready going up...
Reply
PaulDaemon
Oct 24, 2016 6:58pm
Permalink
Would like to say something but i wont
Reply
Mutax
Oct 25, 2016 4:27am
Permalink
hi guys i'm currently bullish on the audusd any advice on move because the trend looks to be changing direction
Reply
Trader#8DD3
Oct 25, 2016 7:40am
Permalink
7680 will be the final correction/push up before a significant drop....the whole move over the last 6 months has been correction to the bigger downtrend which will resume sooner rather than later.
Reply
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