Don't think this pattern applies well to such a high timeframe. IMO, very unlikely.

AUD/USD

Again we make new lows today. Plus RBA Lowe taking down the curency, we might see lower levels or fresh low in time to come. Both technically and fundamentally reasons point to the bears.

AUD/USD

Any rally will be deemed as an opportunity to sell. Market is ignoring the news, becos calculation for the Aussie employment numbers are craps. Overall trend remains bearish.

AUD/USD

It is currently USD strength.

AUD/USD

Here you go. Old news almost a year ago. url At that time, Aussie was trading at 0.88 levels. It then bounces off 0.86. Gold was trading at abt 1220 levels. Comparing to now, we fell below 0.86 without hesitation.

AUD/USD

Yes, we are close to RBA target now. But thats the target few months ago. With the further weakness in commodity price, I see Aussie weakness too. Furthermore, the bigger picture of the current trend is clear. Tomorrow Aussie unemployment rate, will ...

AUD/USD

Quote "Citi said they are short AUD/USD with a potential target of 0.8050"

AUD/USD

Here we go, we are breaking new lows as we speak. Broken below 86.

AUD/USD

Gold IMO is bearish too. If the bearishness continues, we might even go below $1000 mark. Hence with commodity getting weaker, Aussie will follow suit. Any slight rally on the Aussie will be deem as an opportunity to sell down further.

AUD/USD

Aussie broken new low for the year. Whats next? The trend speak for itself.

AUD/USD

Fundamentally, commodity prices are bearish, therefore Aussie will remain weak in the long run.

AUD/USD

Lower timeframe patterns are normally inaccurate. Be careful of longs, do not forget that the overall trend is still down. The temporary upmove today might just be merely retracement.

AUD/USD

We as small traders shouldn't be deciding the market, let the market tell us the direction, we are merely following what the market tell us.

AUD/USD

image Where are we heading? Are we out of the triangle heading and continuing with the trend downwards? You choose the side. I would go with the trend.

AUD/USD

You serious? Looks more like a inverted HS in H4 timeframe.

AUD/USD

Chinese data out in a few minutes time and the pair already looks weak. It is a norm that Chinese data leaked before the release. Therefore the weakness might mean something ..... Just speculating.

AUD/USD

Again this pair is trading new weekly lows. My rules tell me never to buy oversold zone or sell overbought zone but to go with the trend or until a clear sign of reversal. So far there is no reversal, therefore IMO, there is no reason to buy at the ...

AUD/USD

Aussie remains weak breaking new lows. To-date, there is not even any sign of trend reversal. Highly likely will be testing .8660 or lower if this continues.

AUD/USD

We are making new weekly lows since a month ago. Longing this pair is a risky business, where is the bottom? IMO, we are aiming year low, but once broken, all break loose.

AUD/USD

We broken weekly low, no reason to long without any reversal.

AUD/USD