Yeah your not wrong! Feels like January all over again,just when you think the dollar will rally it goes the other way. Need to pay attention to these COT reports a bit more. Also need to learn to trade what I see and not what I want to see ...

AUD/USD

I've been monitoring USD/CAD , looks very bearish indeed.If it doesn't stop at 1.0175 being the retracement of the 22-26feb bottom-top then parity is looking like a reality. I think the news will decide the looney's imminent destiny soon.

AUD/USD

Some major US weakness is going on. Slammed by Euro,GBP,CHF and even the Yen has joined in.. AUD not so much, at least not yet. Bull trap for the others or is this going to take off like a rocket? Who has seen this scenario play out before??

AUD/USD

I think along those lines but I doubt tonight. Tonight I can see bad US news, a spike down to 9130 and retrace, back up to 9210 and maybe finish the US session where it is now 9175.

AUD/USD

The more I look at this the more bullish it becomes. 9140 looks a nice consolidation zone for a spike towards 9200. Maybe a spike back down from there but can't see it collapsing. I'm looking at usd/cad as a commodity guide and every rally gets ...

AUD/USD

What's the deal with Gold and AUD heading in opposite directions lately? The Aussie is mimicking the AUS200 at the minute, still looks like a correction while risk appetite is good. Ultimately it's heading for the trendline below but maybe not yet.

AUD/USD

Unfortunately for me I'm not the crowd type. A contrarian and unashamed Bear. What goes up must come down right? And usually with brute force..

AUD/USD

As much as we all want the ozzie to fall over if you look at the other pairs the CAD is still forcing the USD lower and the dollar looks like its going to tank against the CHF on the 4 & 8H time frames, which means the Euro is going to rally a bit. ...

AUD/USD

USD/CAD maybe the one to take the lead from. It's at the 1.382 retracement, could be making a bottom there? If not it's close, can't see this falling past 1.0175 without rallying somewhat? Trying to plan both trades in one hit

AUD/USD

In my short time in the trading game I have noticed that fib retracements of previous high/lows are excellent at forecasting where price is heading. Of particular importance is usually the 1.382 or 1.618 lines as being the maximum extreme of any ...

AUD/USD

My 8hr chart works well with S&R.The 8 hour candle closes in about 30 mins but as you can see it is well supported by the ema's so it may retest the 9120 zone which I predicted but did not act on in Friday's post.

AUD/USD

Just thinking that before the AUD comes down regardless of news being positive or negative, wouldn't one expect the market to rally up to around 9120 just to make sure it takes out all stops before it begins a new downtrend?

AUD/USD

The ozzie is a very stubborn customer.Just when it looks like free falling it bobs back up again. I was short on the Au/yen cross 79.65, it went 50 pips my way I had a snooze and it was back to break even,damn it,lucky I jumped off! I can't see this ...

AUD/USD

What about AUD/JPY ? Looks ready for a fall... Has the EMA crossover in place on the hourly and once it breaks below 79.65 what's keeping it from falling?

AUD/USD

The market is very clever, on the news it sucked in both shorts and longs and now holds them in the middle at its mercy. On my 8hr it bounced off the 360ema as resistance and is sitting on the 180ema as support. It is still holding its upwards ...

AUD/USD

How horribly wrong was my thinking here? 400 pip drop in the last 14 hours. Picking a direction and then flipping it over seems to work so well in Forex!!

GBP/CAD Historical Low

This pair was a yoyo last week. Went up and made a new high,came down and made a new low and finished the week bang on the weekly pivot point. It was looking like a really nice bearish head&shoulders on the 1hr and didn't go on with it. There is so ...

AUD/USD

Thanks for the info 5ysfx, my charts don't go back that far on this particular pair so that is good to know. Cheers..

GBP/CAD Historical Low

Hey Ibka, Perhaps a Bank of Canada intervention ala SNB ! Yes agreed with it looking very bearish and how low will it go. I suppose watch GBP across the board,if it rallies so too will all it's crosses. Interesting on the daily when it made it's ...

GBP/CAD Historical Low