FX Interventions, Aussie & Gold

ok ashraf

if things were so bad in eurozone why the ecb bought mainly medium term note of double and triple A reating from france germany sapin italy nad to add seven years government obligation.
if things were so bad they should have bought longer term gvt oblig of ten years as being the safe haven in govt european benchmark.
if things were so bad they should ahve lend their gold reserves at commercial bank from LBMA and putting at risk the LBMA book at risk
if they know what they, well this is because they are the one that drove this specualtive rally and they are the one that take their profit partially
so things are changing in the eurozone they are just waiting a signal and that will not come from the benchmark interest rate.

what do u think

Is AUDUSD bull temporary so is the stocks try to recover.

EUR/AUD: 1.4620/1.4870 and above 1.5130 The New Parameters

With the focus back on European woes the EUR fell through support at 1.4870 and touched a 61.8% retracement level at 1.4620 before bouncing again. Im looking to play the edges of this range with a fairly neutral bias for the moment.

AUD/JPY Techs: 72.00/75.50 Short-Term Range

This pair has now stalled twice at the big 50% retracement level around 72 and there is the possibility of a double bottom forming on the daily chart. In order to do this it will need to break and hold above 75.50, which might prove difficult in the current bearish environment. Nevertheless, the seeds of doubt have been sown and buying dips in the very short term might prove a fruitful strategy. Support levels on the hourly chart start at 73.60 (50% and TL), 73.25 (61.8%), and 73.00 (hourly lows). Initial resistance is at this mornings 75.05 high with 75.50 behind there.