AudUSd

[Obsidian 10]

0.5% rate cut was huge but still 1.03 is holding. going to wait till we go below 1.03 or above 1.04

[Mysticforex 13]

0.5% rate cut was huge but still 1.03 is holding. going to wait till we go below 1.03 or above 1.04

 

Agreed... I also would not mind to see it range again like last week. As a matter of fact I would like to see it range forever...

But alas, The Market does not care what I want.

[Obsidian 10]

sliding slowly towards 1.0260..lots of economic data release tomorrow though

[Mysticforex 13]

sliding slowly towards 1.0260..lots of economic data release tomorrow though

 

I would be willing to short this pair if a new recent low is printed. Assuming I can get a decent price, and, I am awake when an opportunity presents itself.

[Obsidian 10]

a daily close below 1.0220 sends aud/usd back to parity imvho...going to wait and see if this trend line will hold or not.

meanwhile gold seems pretty dead.

[Obsidian 10]

Australia posted a seasonally adjusted trade deficit in March of 1.59 billion Australian dollars

 

full report:

http://www.ausstats.abs.gov.au/ausstats/meisubs.nsf/0/CEE9A8A3F30A7B02CA2579F700120172/$File/53680_mar%202012.pdf

[Obsidian 10]

aud/jpy looks interesting.........

[Obsidian 10]

another week below 1.0225 means 0.9660

hmm and weekly is turning bearish, if it is confirmed, 0.9326 will be first target

[Mysticforex 13]

another week below 1.0225 means 0.9660

hmm and weekly is turning bearish, if it is confirmed, 0.9326 will be first target

 

 

 

Bingo!

Sundays candle just dipped below parity. I am looking for targets of 9860 and 9660.

[Obsidian 10]

close above 0.9930 means retest of parity level...

[Obsidian 10]

aud/usd had failed to close above the cloud last time...this time it is above, time to visit parity?

[Mysticforex 13]

On a close above this 5M TL I would be looking @ 1050xx.

Ideally, I would like to see a retrace to the Daily Pivot (blue line ) .

[Mysticforex 13]

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bingo!!!

[Obsidian 10]

I would like to jump in aud train but holding enough positions

aud/cad long

nzd/usd long

eur/aud short

[Mysticforex 13]

I would like to jump in aud train but holding enough positions

aud/cad long

nzd/usd long

eur/aud short

 

<sigh> I know. So many trades, so little Time/Margin.

[Mysticforex 13]

A close above the TL we should see the Daily Pivot ( Blue Line ).

[Obsidian 10]

I would like to jump in aud train but holding enough positions

aud/cad long

nzd/usd long

eur/aud short

 

time to close aud/cad and nzd/usd

and time to short aud/usd @9980 sl at 1.0010

[Obsidian 10]

hit sl thursday...if we didn't have this election thing, I would go long with a target of 1.0173-1.0204

[Obsidian 10]

that is interesting, daily chart is turning bullish...

pair is trading above the cloud on 4h and daily...if close this week above 1.0250, weekly will turn bullish as well..if this happens, .that means 1.0380 will be next

[Obsidian 10]

hmmm...in case we close above 1.0250 this week, going to long...to 1.0440 and 1.0576

[Obsidian 10]

aud/usd is sitting on 1.00..lets see how long it will hold...

[bobcollett 10]

Dear forex traders

Tomorrow at 4.30pm GMT , I think the Australian Reserve Bank will cut the repo rate to 3.25%.This will put the cat amongst the pigeons.

Is this rate cut already priced into the market, or is there opportunity to short the AUS$.

Or is my thinking plain stupid?

regards

bobc

[SIUYA 11]

from what I understand, people were expecting a further rate cut after the last one and yet the RBA is wise to hold of for a bit...., however you maybe right if they go crazy, crazy, crazy and say its all gotta go, firesale out the door and cut rates again....

 

This sums it up for me

Rates to stay put in July

 

Personally I am neutral the AUDUSD.....bearish the GBPAUD and EURAUD

[Obsidian 10]

I read an article about people expecting .75 cut within 12months. my guess is .25 may not be enough to reverse.

However, 1.0250/70 zone is an important area, if cant pass it, we will test 1.0175 imvho

[Obsidian 10]

up up up?

got no sell signals (even a short-term one) since Friday...