No idea about where things will go, but at this point, AUDUSD is well below the 0.9580 level you are talking about. So bears are still ok. What is your target level for the downtrend?

Aussie Pairs

Where is the 89 SMA on your chart?

GBP/USD or EUR/JPY or.... Whatever's moving!!

Snap meaning reversing and going down? But once it broke 1.5620, it looks bullish all the way to almost 1.57.

No Brainer Trades

Do you see something on the chart that makes you think it will go down soon?

EURUSD

Came back up. All within very narrow range. Hardly anything to speak of. I would say normal range movements.

EURUSD

So far the numbers coming out Canada have not been as bad as those out of the US. Understandably, Canada doesn't want a strong currency against the dollar. I expect the pair to be hovering around parity for the remainder of the month till May 30th ...

decline in CAD watch!!!

Well hope the bubble bursts soon since I am in short. Don't want this thing to go up to parity before it starts to come down. Not looking to hold the position long term.

Aussie Pairs

I am no expert or anything, but just watching the market, you can see that higher oil prices lead to stronger CAD. Canada is one of larger oil producing countries outside of middle east. So naturally high oil prices buoy the currency. Besides, CAD ...

decline in CAD watch!!!

I know we have all said that big bank analysts cannot be trusted and news pieces aren't accurate, but for what it's worth, here it is. See what you think. url I am in position just like you guys.

Aussie Pairs

No news out for Monday. Possibly a ranging day.

EURUSD

And why do you think oil will go down? I don't see that happening in the short term.

Auslanco - GBP/JPY and GBP/USD (newstrade)

Do you believe AUDUSD will continue to go up? It has gone up so much. Don't you think it might be time for a downward correction, even just for a little?

GBP/USD or EUR/JPY or.... Whatever's moving!!

If these prices are real-time, it's bad news for the GBPJPY short guys, and same is true for USDJPY short guys.

Auslanco - GBP/JPY and GBP/USD (newstrade)

Do you have an account with any of these companies? I can't get forex-markets.com to show rates. It keeps saying "wait". I am just not sure about the other two, whether they are actually real-time quotes during the weekend. Anybody has a better ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Are these your own signals or are you quoting from somewhere?

Malaysia

Anybody has any idea if this site is accurate real time? It does say at the bottom of the quotes that "All Data Delayed". Oanda doesn't show any weekend movements for all pairs.

Auslanco - GBP/JPY and GBP/USD (newstrade)

That's very possible. Then again, what's the reason for AUD to go high Thursday and Friday? Seemingly all the fundamentals are pointing the other way. Many believe that gold prices lead the uptrend of euro, and that's why euro went up a lot last ...

Aussie Pairs

Many believe that AUD/USD is closely related to the prices of gold. Gold surged yesterday, bringing up the pair. Australia is a big producer of gold. That theory makes sense. But gold was above $1000 per oz, AUD/USD wasn't at its highest level then. ...

Aussie Pairs

I agree with you regarding picking top and bottom. But a trader needs to get in a trade at some point where he thinks it's the most opportune. If you believe AUD's long term trend is down, would you not get into a short position now? You said you ...

Aussie Pairs

Hi Roy, I don't know anything about Gann analysis. Would you please explain based on your analysis, do you expect AUD/USD to go further up or come down next week?

Aussie Pairs