I hope it doesn't gap up... Normally a Gap up is bearish and a Gap down is bullish. But you're right, AUD/USD DID NOT close below TL. Still holding!

AUD/USD

Risk Off mode today overall... This tends to happen more than often on Friday but looking at US equities for the past few days looks like down trend could continue next week as well. Have to wait and see though. Daily TL: CAD/JPY - BrokeTL to the ...

AUD/USD

No problem MacroMan! I think USD/SGD is a good choice personally! As far as AUD/USD goes, still kind of on the fence but it hasn't not really showed any real signs of breaking down past the Daily TL as of yet so you should be fine with that for the ...

AUD/USD

Should be a good play Macroman! Trend Shift Underway for Emerging Markets An Emerging Uptrend Developing economies face no fiscal cliff ... and have no government debt crisis to resolve. In fact, recent economic data tells me that many Asian ...

AUD/USD

Wondering if somebody can help me copy/paste my custom template over to another MT4 platform for a different brokerage firm. The file seems to be locked and are not showing up under the "templates" folder... Any ideas? *I just want to copy/paste ...

EurAnalysis

I'm definitely interested, I was actually going to do exactly what you proposed! Go for it!

AUD/USD

Just saw on the news that Greece unemployment rate for the month of August was 25.4%!

EurAnalysis

DOWN I'm shooting for: 97.50 for EUR/JPY 75.70 for CAD/JPY

EurAnalysis

EUR/JPY and CAD/JPY have now broken Daily TL. Probably both good for a few hundred pips each...

EurAnalysis

Hahaha. Yea I've been burned quite a few times too man... Not fun! Best thing is to stick with what we know and what we're most comfortable with.

EurAnalysis

That's it? I'm thinking 94.00...

EurAnalysis

It's pretty similar to EUR/AUD when it comes to the weekly trends. But doesn't move down quite as fast as E/A does...

EurAnalysis

EUR/AUD 1.40 would take another 2008 Financial Crisis. Otherwise, it is probably smarter to play the weekly support/resistance. Next target for E/A is 1.17 for me. At that time I will look to go long until 1.27. Then down again to 1.17. Unless ...

EurAnalysis

Yep! Check out the support and resistance on the Weekly chart. It's been stuck in a 1,500 pip range for 2 years now maintaining the range almost perfectly. In my opinion EUR/AUD and GBP/AUD are the smoothest currency pairs to trade longer term. ...

AUD/USD

Hey Nachiket! I'm doing good bro. Closed out my AUD/JPY and GBP/JPY longs as price action was pretty choppy. However, I'm short GBP/AUD and EUR/AUD. Very nice down trend on monthly and weekly time frames. Just got a few nice entries yesterday using ...

AUD/USD

I've got 1.53 as a MAJOR weekly/monthly support area for GBP/USD. Price seems to make its way back there time and time again. Once we close below daily TL I will look to short G/U until 1.55 or so just to be safe.

EurAnalysis

This was exactly my point when Tyrant said to take a look at that Bloomberg clip titled "Change in China Regime: China Collapse" as a "case for the bulls like it was going to devalue AUD right away. I was just trying to make a point. These things ...

AUD/USD

Uhhh...try reading my post again. I said THIS YEAR But yea, taking a look at the monthly charts AUD has outperformed just about EVERY OTHER CURRENCY. Take a look for yourself and tell me I'm wrong. I'm not talking about "fundamental data" just pure ...

AUD/USD

Yea, I've been hearing crap like the "Imminent crash of the US Dollar" too but guess what? USD is still here and still has reserve currency status. Careful about deciphering "fundamental data" or "news" as it doesn't necessarily mean it's going to ...

AUD/USD

Hi Maximmm, I completely agree with what you have said here, especially in regards to what would happen if Romney were to be elected. I re-read my post and it may have come across a little more harsh then I wanted it to so I hope you did not take ...

AUD/USD