AUD/USD

Quoting Expo33

Disliked

{quote} Because all of the risk for the US dollar is to the downside. Even before the disappointing inflation numbers. Dovish rate hike likely already priced in. Nobody expects the FED to hike AND be hawkish for a future hike. I've been saying the same thing since the beginning of the year when the "pundits" were calling for 3-4 rate hikes this year. IF we get the hike today, you can be confident the FED will kick the proverbial future rate hike can down the road until at least December. Just going Nostradamus out loud here.

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Quoting Starcraftmaz

Disliked

{quote} That would be fine except it started rising strongly while all other pairs were doing nothing - and this was pre poor US data. It's that, that I was very curious about.

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Quoting Vorex

Disliked

EA is doomed, it's gonna go down regardless of whether EU goes up or down.

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Quoting redalert

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Of course employment rose everyone gotta work to paid for their 1 million dollar mortgages. I wonder how many of those jobs mining? We dont hear any of that in the good news rhetoric that gets posted. Mining was gang busters last quarter but has fallen sharp those affects will be delayed.

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Quoting lasty

Disliked

{quote} Not many are employed in mining anymore. Given this day an age it would be nice of the ABS to give actual stats instead of random samples and then make up figures which is exactly how they calculate it now. It would be nice to find which industry sectors are employing people . Sounds like there is a vacancy in IT with the ABS but then again they don't like IT after what happened with the census stuff last time. How about we get a televised dart board throw and wherever the dart lands that's the number. Stops insider trading at least .

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Quote

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The Labour Force Survey is based on a multi-stage area sample of private dwellings (currently approximately 26,000 houses, flats, etc.), a list sample of non-private dwellings (hotels, motels, etc.), and covers approximately 0.32% of the civilian population of Australia aged 15 years and over.

Quoting SkyrEk

Disliked

Current price action around above .76 doesn't look too bullish for me. Yet i can't call it a potential top yet, have to wait out for this choppy erratic price action to be over first before i engage any open positions.

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Quoting SkyrEk

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{quote} Shall wait for a breakout of either sides b4 i engage my next trade. I will think it is more biased to the downside. {image}

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Quoting Ken A

Disliked

Probably run out of steam at .7630x For EA to slide further will need the help from EU

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Quoting knownothing

Disliked

Guess monday we'll get a gap opening at 7630-31. If so first target 7637 and after that 7653 and maybe 7675 or even 7693. The end of month 7840. GL

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Quoting SkyrEk

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{quote} Is there any news that will cause a Gap opening?

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Quoting Vorex

Disliked

{quote} EU doesn't need to go lower for EA to go lower, it's going lower whether EU goes up or down. EU goes up cause AUD/USD to go up even more which makes EA go down. EU goes down cause AUD/USD to go down as well which in turns causes EA to go down again. There is no help for EA unless some bad AU news.

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