From Forbes... url Yes I sound like a broken record and Im short but with this stuff a strong possibility would I be placed any other way..

AUD/USD

AUD/USD 1.0258 Another choppy session last night with risk off and then risk on and now a Spanish downgrade. I have to keep re-iterating its imperative to reduce position sizes if you want to stay in the game. We are dealing with political minds who ...

AUD/USD

Well Fundamentally it doesnt get much better for a sell.. Technically however it needs to break 1.0130 for a thumper.. Pattern forming of a shoulder head and next shoulder before a spit.. Given the state of the markets reduce positioning size for ...

AUD/USD

A bit of news here after RBA Minutes url url url

AUD/USD

AUD/USD @ 1.0186 RBA less concerned about inflation than in previous months.. Now if that aint a GREEN LIGHT to sell Aussie then nothing is. Besides it also lays light on what it's expecting from overseas economic trends and that appears to be dim. ...

AUD/USD

AUD/USD @ 1.0170 Finally some sense returned to the markets. Let see if we have some follow through in Asia.. Equity wise I cant see any reason why they were so aggressive in stock buying.I sense there was more than meets the eye with this one. ...

AUD/USD

AUD/USD 1.0300 Market searching for direction but interesting to note that stocks are buoyed and currencies arent following (yet) or perhaps are running out of steam. Locally talks of banks cutting staff because of reduced credit uptake.. They ...

AUD/USD

AUD/USD 1.0330.. Well today it certainly looks bid so it must go down .. Still playing off the short side which is wrong technically but I sense something big is brewing. Already we are seeing riots and unrest taking hold and this wont go ...

AUD/USD

Interesting scenario with regards to SGD. Asian Central banks have been buyers of AUD trying to weaken their currencies via reserves.. ie selling SGD Buying USD and then selling USD buying AUD.. This has been evident over the past few months. Now ...

AUD/USD

How apt... a Bullfight about Spain Now my sources tell me that the hedge funds have turned long after being caught short... This could turn nasty especially on a friday.. so expect the unexpected.. We have China data coming up just to throw ...

AUD/USD

AUD/USD @ 1.0182 Plenty of movement last night for the bulls and the bears.Its a pity Slovakia came to the party otherwise we may have been knocking on parities door again. Still I think Europe isnt finished with just yet. They keep tripping ...

AUD/USD

Interesting article for the fundmental players with European worries ahead. url

AUD/USD

That 3 year old on the unemployment stats had some fun again. Shorts taken out up to 1.0230 which surprisingly is a fibo -50% 1.1080 -.9389 Now we either go back down to .9850 or to 1.0400 I have mixed tech heads.. some say lower other say higher.. ...

AUD/USD

Ya dreaming !!

ECN Brokers

AUD/USD @ 1.0150 Well the bulls certain got hold of this by the horns and once 1.0040 broke it was blue skies. Are there anymore shorts left in the house besides me ? I think this caught many by surprised hence the move. Technically it has ...

AUD/USD

Ive gone short on the bounce @ .9930 let those weak short bottle

AUD/USD

Just a couple of quick updates that may or may not affect the AUD.. CO2 tax passed by lower house..as expected..Time will tell on the negative impact of the Australian economy. Secondly US senate voted 63-35 on China currency measure.. This smells ...

AUD/USD

The definition of a true ECN is - one that allows you to bid and offer inside the spread or make the spread and can match opposing clients prices. Anyone who says our ECN has a 1 pip spread etc isnt a true ECN.. An ECN has no definite spread. Its is ...

ECN Brokers

AUD/USD .9955 We saw some profit takers enter the market which was welcomed from some who missed the boat going up near .9900-10 We have had some news from Europe that Slovakia just voted no for EFSF expansion.. Oh dear.. Like I keep saying europe ...

AUD/USD

Business Confidence improves is the headline.- Aussie dollar bounces 25 pips.. BUT the reason why it did improve was on the back of expectations of lower interest rates and a weaker currency.. Still its the running of the bulls so let them ...

AUD/USD