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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 3119
Forum Topic:

Commodity FX (CAD AUD NZD NOK)

Discuss Commodity FX (CAD AUD NZD NOK)
 
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jacek
Melbourne, Australia
Posts: 2579
13 years ago
Sep 8, 2011 0:42
and data might be weak too.. probably only scalps till market reaction to it is clear..

".. data release today includes employment data for August and any stronger data would
further boost the Aussie as it means market will reduce bets for RBA rate cuts (Westpac sees $1.0767 topside resistance which is Sep 2 high).."
jacek
Melbourne, Australia
Posts: 2579
13 years ago
Sep 8, 2011 0:30
maybe.. but here is a big short idea.. now that it closed the gap.. and its golden leg is broken.. it just needs a little more wobble on its S&P leg..
subway90
Posts: 1078
13 years ago
Sep 7, 2011 20:57
Aud ready to move higher to challenge 1.0800/1.0850 resistance....
jacek
Melbourne, Australia
Posts: 2579
13 years ago
Sep 7, 2011 16:33
yeah.. might have something to do with gold.. but also clustered resistance ahead.. still thinking short.. particularly if S&P starts deflating..
AK44
London, UK
Posts: 20
13 years ago
Sep 7, 2011 15:39
Jacek , did you notice that AUD correlation to Dow or S&P seems to be broken today?
jacek
Melbourne, Australia
Posts: 2579
13 years ago
Sep 7, 2011 5:55
big counter moves.. but still in down trend..
jacek
Melbourne, Australia
Posts: 2579
13 years ago
Sep 6, 2011 5:39
second target hit in aussie.. RBA leaves rates unchanged.. let's see how it reacts within the channel..
jacek
Melbourne, Australia
Posts: 2579
13 years ago
Sep 5, 2011 0:53
aussie has broken down and hit 1.0610 target.. but looks like going even lower.. perhaps after a bounce if 1.0580 holds?..
jacek
Melbourne, Australia
Posts: 2579
13 years ago
Sep 2, 2011 12:37
nope.. aussie still in the channel..
jacek
Australia
Posted Anonymously
13 years ago
Sep 2, 2011 10:02
looks like aussie is breaking down.. for low 1.06..
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