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- western replied Nov 2, 2011
Some news coming down the pipeline over in europe...... I think China may buy some bonds after all....heard brazil will too. Greece is still pooched. LOL May leave the union.
EURUSD
- western replied Nov 1, 2011
My personal opinion is that a .25 cut is in preparation for the worst. You may be right long term depending on fundamentals. But judging by what is going on in europe...it could be the start. Also china releases dismal data. RBA does have a habit of ...
AUD/USD
- western replied Nov 1, 2011
PMI is suppose to be good. That is the consensus...so that means risk on..agree? Suppose to be a blow out number. I would be soon to buy this puppy.....just my opinion.
AUD/USD
- western replied Oct 31, 2011
rumor says a 95% chance a cut is in the hands. That would leave a target somewhere in the 4's maybe high 3's.... what is everyone thinking?
AUD/USD
- western replied Oct 31, 2011
I have a feeling we wont see low 1.30's. The US is to unveil its grand spending-and-debt reduction plan to the full Congress. Nov. 23 ... let the countdown begin. 26 more days. I expect Euro crisis coupled with the debt ceiling pressure to keep this ...
EURUSD
- western replied Oct 30, 2011
So the poster who said a rate cut unchanged would cause aud/usd to rally. I think alot of analyst our confused on whether a cut will happen or not. So this seems like no cut = rally, a cut equals consolidating aud/usd. I can see why some analyst ...
AUD/USD
- western replied Oct 29, 2011
From what I understand for monday from the RBA is that the consensus is unchanged. A cut is not expected and a cut would send this pair down...ALOT. If the rate is unchanged, I am still expecting a sell off, but not as much. If the rate is ...
AUD/USD
- western replied Oct 29, 2011
I think the aud/usd is forming a massive head n shoulders. We maybe be heading into the right shoulder on the daily. If we close higher next week such as 1.08 or 1.09, I expect a retrace to 1.03 then consolidate into the right shoulder, and then ...
AUD/USD
- western replied Oct 28, 2011
If you are a long term low leverage trader. One could look at this level with alot of resistance and support from 1.08 to 1.04. I think if you hit any of these levels it could be a good 300 to 400 pip gain. I think this is a second chance to go ...
AUD/USD
- western replied Oct 27, 2011
I feel like there is some machine that just keeps buying, in the basement of goldman sachs....someone forgot to turn it off.
AUD/USD
- western replied Oct 27, 2011
THing is...when you get this type of euphoric rally, dips are considered buying ops. I dont think anyone cares about that number right now.....everyone is still high as a kite.
AUD/USD
- western replied Oct 27, 2011
I feel like someone is pointing to the moon when I look at this chart on a 15 min
AUD/USD
- western replied Oct 27, 2011
ya i agree, anticipating bad usd gdp. if you look at the aud/usd, there is no reason why it can't go to all time high's again. If you have that conviction, then these levels would be considered a value. last summer, this puppy hit a dip and ...
AUD/USD
- western replied Oct 27, 2011
Resistance at 1.0635.....see if we can break it. I havent seen the aussie make almost 2.5% in one day in a while
AUD/USD
- western replied Oct 27, 2011
This is a strange pair. Thats all i gotta say. It used to be a great pair to trade when it was above par. Now alot of institutions and retail dont trade. I think the true traders that really know what are going on trade it and thats not me.
USD/JPY Discussion