Poor Cable-you'd think some of this bad news was factored in already, like 600 pips ago. Or 1200 pips a go five weeks ago, when GOLDman pimped cable at 1.6450.
@said-we may see 0.91 in Aussie, but it will be one heckuva ride to get there. You wrote support at 0.8855. Didn't it smash through that today and hit 0.8000?
As predicted, HOMER or WEATHERMAN ANALYST would make appearance in Sydney and/or Tokyo sessions. The BNZ (regional) analyst filled the Homer and Weatherman roles in one report.
He states risk aversion is king REGARDLESS of fundamentals, therefore AUDUSD is at mercy to the market. (Wow, very observant, and out on the limb). He states we will continue to see selling on bounces. (What a genius). Says if pair RISES and breaks 0.9000, then that would be bullish (after a 200 pip bounce from todays lows).
Si in essence, he tells us AUDUSD will go up AFTER it goes up and bounces 200 pips.
Just two days ago, 0.970, this analyst was pounding the table for EVERYONE and their mothers to buy aussie (that his firm was offering).
Try publishing this in the UK weekend papers: Traders bet BankofEngland will raise rates to 6.25% --highest since 1… https://t.co/GWXrTEAk4R(1 year ago)
Poor start to a slow market day as Ezone PMIs disappoint. Im still keeping an eye on the rare (-2%) USD-GOLD combo,… https://t.co/UyRzWsRbs7(1 year ago)
-5% YTD is not good, while -7% from the year highs can be tough. Gold traders have their eyes fixated on this for n… https://t.co/NV5UMKsfNo(1 year ago)
ما وراء هبوط الدولار مع الذهب و من منهما يتمكن الارتداد؟
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
https://t.co/Y7tD0RxCS2
@XM_COM (1 year ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (1 year ago)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (1 year ago)
Earlier in the week gold selloff was attributed to smaller than exp China EASING. Metal is now holding v well despi… https://t.co/ZW9cmXTPWW(1 year ago)
I've read four WEATHERMAN
@said-ur predicting AUDUSD to 0.91 in this environment?
He states risk aversion is king REGARDLESS of fundamentals, therefore AUDUSD is at mercy to the market. (Wow, very observant, and out on the limb). He states we will continue to see selling on bounces. (What a genius). Says if pair RISES and breaks 0.9000, then that would be bullish (after a 200 pip bounce from todays lows).
Si in essence, he tells us AUDUSD will go up AFTER it goes up and bounces 200 pips.
Just two days ago, 0.970, this analyst was pounding the table for EVERYONE and their mothers to buy aussie (that his firm was offering).
Remember folks, these commodity currencies alten to overshoot targets, sucking many into greed, then brutally reverse and punish the pigs.
Today may be one of those days where the market actually gets ripped t shreds in the last 1-1/2 hours.
What is your price level to jump out of AUDJPY?
AUDUSD is toast. So is USDJPY. Multiply two pieces of TOAST together, what do you get? AUDJPY-headed to 75.
BTW, a HOMER analyst was pounding the table for AUDJPY this week at 85! I think she was wrong-BY 10%.
But what does she care? She doesn't answer to anyone. She was at the bank this week cashing in her Pump-N-Dump AUDJPY shares.