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AUD/USD

0.76 area is a good resistance to short from in my opinion
Don't Worry Be Happy
Quoting jpcashflow
{quote} Are you sure?
Nth Korea beat their chest every year. The only difference this year is Trump and from his statement he only seems worried about nuclear weapons, and from the tests North Korea has done so far they are still quite away from anything threatening.

Notice how it's all died down. You will have almost forgotten in a month. North Korea is a buffer state between the "West" and China. Neither side wants to be so close that they could throw rocks at each other.
  • Post #101,343
  • Quote
  • Edited May 3, 2017 12:33am May 2, 2017 11:22pm | Edited May 3, 2017 12:33am
Exactly. Dont they do it for aid. Usually just get given it then shut up? But this time trump makes a thing of it?

anyway anyone get the asian move this morning BEAUTIFUL!!! Accumulated all night into supply zone there. Perfection. 1.5:1 achieved.

LONDON AU play possible from yesterdays major distribution around 7533 there. Target 75c for an easy 1:1 possibly 2:1. Can see it easily getting 7485 tonight. If all else around the world continues.

update: this bloody thing is going to keep going ahhhh. O well.
Londn possibility
entry 7520 to 7533
risk 7548
target 7482
Telegram Channel : https://goo.gl/MDNkK0
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If you have poor psychology you will struggle
Quoting ruma29
{image}
closed +50
something I might consider....
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Look Sharp/Trade Tight
What makes AUD so weak??
It's life let's live and enjoy
Quoting traupro
What makes AUD so weak??
USD getting stronger
Quoting Puccini
{quote} USD getting stronger
Aud is down against all Majors
Quoting traupro
What makes AUD so weak??
Iron ore : https://s.tradingview.com/x/K3EEakb1/
and
Copper don't help .

Fomc meeting can change all. Bye.
Should the AUD/USD break strong support of 0.7445 with the dollar getting stronger??
Quoting jacobrownoly
Should the AUD/USD break strong support of 0.7445 with the dollar getting stronger??
Asx200 got smashed miners and bank stocks tumbled.

Could be good buying opportunity
THU 4th INTRADAY TRADERS - ASIAN
SELL ZONE: 74400 - 7464
SL: 7464
TARGET: 74c
Gain: 2:1

*IF price and environment CONFIRMS of course come 10am
Quoting traupro
What makes AUD so weak??
Im asking myself what makes the AUD so strong ?

Fundamentally its crap
Quoting jpcashflow
{quote} Asx200 got smashed miners and bank stocks tumbled. Could be good buying opportunity
Why would you want to buy it ?

The banks are exposed to a property bubble .
China is looking sour .. It has a debt crisis

Australia is a fundamental basket case ..
Quoting lasty
{quote} Why would you want to buy it ? The banks are exposed to a property bubble . China is looking sour .. It has a debt crisis Australia is a fundamental basket case ..
There are allot of negatives for the aud but even more so for the usd.
Quoting jpcashflow
{quote} Aud is down against all Majors
agree....and why ?

Will NU follows that movement ... ? so far not yet...
Quoting jpcashflow
{quote} There are allot of negatives for the aud but even more so for the usd.
One big difference,...the USD has been the world's reserve currency since after WWII; however, I don't believe it will be within 10 years or less.
Quoting hongyun
{quote} agree....and why ? Will NU follows that movement ... ? so far not yet...
the AUD has lost 113 pips the last 24 hrs
the NZD has lost 65 in the same time
it's just not as sharp and perhaps setting up a buy for the AN
I will get my head around this, but always can be wrong
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