Smart move Im however short Euro and AUD.. with a continuation of adding to those but the flexibility to allow exaggerated moves as warned by fragile markets yesterday. Now the bulls are patting themselves on the back saying we told you ...

AUD/USD

AUD/USD .9995 So much for the theory on what Asia does monday do the opposite. ( Must be accept if their is a holiday somewhere). So the bulls take charge once again as if the magic fairy has sprinkled the dust and everything is ok.- Yeah right.. ...

AUD/USD

AUD/USD .9818 AUD found some legs and managed to get hold of some weak shorts until .9850 proved a resistance. Given the fragility of these markets position size is crucial and will allow you to have some leeway. As for ANZ jobs Ads that number was ...

AUD/USD

AUD/USD .9762 Another monday morning starts with stop and order hunting. How innovative.. This week I will continue to sell the rally as friday night proved to be a winner. Reducing position size keeps you in the play. Europe looks fractured ...

AUD/USD

Im building small short positions into this.. Flexibility is the key here to allow the swings. We have seen short cover and the harry hopefuls of a positive european outcome.. You only have to look at Europes history to see that the socialists are ...

AUD/USD

10:56 07Oct11 RTRS-Germany, France split over EFSF bond buying-report Just like I warned you guys.. Europe is not a done deal and risk on is a bit premature

AUD/USD

AUD/USD .9735 Well its friday and it was bulls week.. About time they backed a winner. But really what have they built their hopes on ? PROMISES..? It doesnt ride with me so anywhere near .9780-.9800 im a seller. Good luck punters..

AUD/USD

AUD/USD .9660 Support at .9480 held and we now look at whats up to contain on the topside.. It seems .9675 there are some to go as price action has stalled but it hasnt backed off. The skill to being a good FX trader is to identify a pattern ahead ...

AUD/USD

There is plenty for all and as one punter says Asia sells which gives Europe buying opportunity but dont go to sleep as US will probably sell.. Be alert.... be alarmed... be lucky !!!

AUD/USD

AUD/USD @.9500 Retail sales better than expected and it still cant rally. I suspect many thought the upside was the danger and were caught long. An old rule which applies to the AUD more than most other currencies... If the Aussie looks too good a ...

AUD/USD

AUD/USD @ .9575 Plenty in last nights trading for the bulls and bears provided you got it the right way round EU jawboning about bank recapitalisation causes late rally in equities hence AUD move up. As I have said on numerous occasions the ...

AUD/USD

Ok my thoughts on rate cuts is this.. RBA will go IF Europe goes OR something domestically bad happens here .. Given that RBA are inflation paranoid and despite their band lowering prediction I would be very surprised to see them release the ...

AUD/USD

Just saw a blow off down to .9455 after RBA decision and has rebounded quite strongly considering the weakness... Equities have remained bouyant after initial sell off We may possibly get a rally here but .9550 needs to breach for momentum back ...

AUD/USD

Now for the heads up... When good data ie Trade numbers and building approvals are meant to be positive for the currency and it rallies briefly and then suddenly slumps, it means its only going in one direction as many are looking to bail.

AUD/USD

As warned earlier today, the chants of alarmist about where do we fall to have already started albeit 5 cents away from the current price is not a big view but its a start url Lets see how many we can pick up..

AUD/USD

AUD @ .9510 Target of .9550 easily achieved as equity rout continues. Expect .9480 for next support and then .9430 Next target .9160 if this "I hate the world I wanna get off " sentiment remains. Market isnt yet overly extended as the ...

AUD/USD

AUD/USD @ .9755 Morning punters.. As mentioned yesterday a breach of .9770 sees us heading for .9550 then .9400 followed by .9240 The suckers rally of the previous couple of days has trapped a few. I would suspect they will try and average-in.. This ...

AUD/USD

Technically it remains in a bullish pattern.. provided .9770 holds.. What we have to becareful of are the politicians.. They have a habit of buying you a skydiving experience of a lifetime with no parachute

AUD/USD

AUD/USD @ .9907 Good morning punters. What a lovely bout of optimistic buying from the bulls. Not quite parity. Luckily I was at a charity auction last night bidding on something for a worthy cause. The old .. She'll be right mate .. doesnt gel with ...

AUD/USD

.9880 is the break for a return towards 1.0050 .. Good luck with that one

AUD/USD