COT still has record shorts so it will bounce at some point, but not far.

Australia Private Capital Expenditure

4H RSI not yet over 50. It will reach around 0.9000, otherwise this is just another dead cat bounce.

Australia Private Capital Expenditure

Fairly good numbers. AUD probably heading back towards the 23.6 fib resistance at 0.8976, but this result won't change the underlying downtrend.

Australia Private Capital Expenditure

Syria won't help but its all about the data, which I suggest will start to look weaker after a burst of Northern summer strength. If so they will still taper, just more slowly than planned. They HAVE to taper...if they don't the bond market dries ...

Syria, emerging-market crisis will stop the Fed taper

Yes but true nevertheless, and all done with Goldman Sachs help.

Greece joining euro was a mistake: Merkel

The 38.2 fib of the big monthly move 0.4778/1.1089 is at 0.8678 - this would be a good target for patient shorts. After this the 200 monthly ema at 0.8344 will provide the last line of support before the freefall 0.8000.

Intraday Outlooks For EUR/USD, USD/JPY, AUD/USD, & SP500 - SEB

Yes but can't break and hold below 0.89 so far. Looks like a barrier option defence at play, so downside progress will be slow.

Intraday Outlooks For EUR/USD, USD/JPY, AUD/USD, & SP500 - SEB

We'll probably see a new multi year low around 0.88 then another shallow bounce as the downtrend line from 1.0582 and now at around 0.9130 caps any retracements. This line is currently between the 20 and 50 daily ema's, and as the AUD is tracking ...

Australian dollar sold off hard

Latest miss on the capex won't help sentiment. Still short AUDNZD and long EURAUD - trading the main pair is too messy for me at present.

Australian dollar sold off hard

I'm continually surprised at myself why I'm so surprised about this.

Currency spikes at 4 pm in London provide rigging clues

Ouch indeed. As I've said before, the AUD neatly tracks the daily 20ema, so any bounce will be capped around 0.9060 and thats a stretch from here given the RSI is rolling below 40 (bearish signal). Even if the USD continues to weaken the AUD bounce ...

Australian dollar, stops below 0.9010 triggered

The AUDUSD is running along the 4h 20ema at present, between this and the other ema's, indicating a lot of indecision. Also, the 38.2 fib of the move 0.9233/0.8929 is at 0.9045 and is acting as resistance. Starting to look like a fairly flat close ...

PBOC may cut RRR, Aussie up - China's Sec Journal

Shanghai has just opened, so probably one of the Asian CB's.

PBOC may cut RRR, Aussie up - China's Sec Journal

My custom indicator suggests the same, rolling over nicely to go bearish again.

PBOC may cut RRR, Aussie up - China's Sec Journal

lol just goes to show you how the market is viewing any bounce in the AUD. Its a dog at the moment - 40 pips isn't a rally.

PBOC may cut RRR, Aussie up - China's Sec Journal

Not sure why the AUD would rally on this, given the Chinese Banks are already restricting lending under Govt instruction.

PBOC may cut RRR, Aussie up - China's Sec Journal

Nothing to see here, move along. What did they think would happen?

Europe set to lose 1.9 million jobs, as business moves offshore: report

The way to avoid the risk is to short AUDNZD. Its just retraced again after today's noise and is again a good short trade at 1.1380 - I've traded this down from 1.2490, heading for 1.11. This avoids any USD noise

RBA Monetary Policy Meeting Minutes

Yep my long hit target at 0.9228, then faded it to tp at 0.9150. Suspect it will recover back above 0.91 to around 0.9120 later today but note the ema death cross is looming on the hourly chart, so without USD weakness from the FOMC it will probably ...

RBA Monetary Policy Meeting Minutes

A very neutral set of minutes, but since these minutes were rpoduced the downside risks have been greater than the upside, so lower rates still look more likely later in the year. I'm still looking to fade any rallies up to 0.9200 (if we see that ...

RBA Monetary Policy Meeting Minutes