AUD/USD @1.0695 AUD held 1.0650 support. It appears that cross plays were the order of the day. Plenty of EUR/AUD selling. With China raising rates the initial sell off was minor. Now we have Govt concerns over growth. url Whats more of a concern ...

AUD/USD

If there is ever a sign that rates have topped just ask the banks mortgage rates dept. Like a fly in a spiders web they lure in a sucker at any opportunity. Australian banks don't handout money that easily- they know there are tough times ahead. ...

AUD/USD

AUD/USD @1.0690 Not much action going on in this pair. Talk about RBA leaving int rates on hold for the remainder of this year, yet some economists still think up. (But they are the ones who never trade so waste of space those geeks.) I believe that ...

AUD/USD

Europe woes again fill in AUD shorts stops now below 1.0680 and 1.0650 a biggy Look out below as the Risk off risk on risk off again seems to be the theme.. GBP/USD broken back below 1.6050 Now its the Chinese banking system that could be ...

AUD/USD

AUD/USD @1.0720 - Australia will continue to experience bad data. Its our turn to take the medicine and our only saviour is the mining boom that our political leaders want to sever the arteries through a CO2 tax and Mining tax. The market appears ...

AUD/USD

Its looking very sick the local economy. Foreign investors dont see it first hand and we are in a slump. The data that has just come out is starting to reflect what we are seeing and these are no one-offs. Its the worst I have seen it for many a ...

AUD/USD

Just to add to my local economy hurting chant.. Mortgage brokers going bust on front page of AFR... Housing on the slide here and also heard foreign investment buyers looking to sell at low prices as they have made their money from the appreciating ...

AUD/USD

AUD/USD @1.0780 Market shorts bottled and now it appears by commentators that the bull rush is back on. Im still a staggered seller- a contrarian to some/most. Political issues plus local economy arent travelling too well. Some may argue that nor is ...

AUD/USD

Im one of those shorts and looking to stagger sell on any upmove My concern is still over Europe and possibly UK. As they say "If you put lipstick on a PIIG(S) it's still a Pig." Happy trading

AUD/USD

Techs now point to 1.0630-40 support zone.. You may find this could a be a slow grind as mkt I think is shortish but content as 1.0750-1.0800 has plenty of supply.

AUD/USD

Lower than expected Chinese PMI may have a softening impact on AUD/USD.

AUD/USD

AUD/USD @1.0715 had no follow through from 1.0750. Now do we face a typical risk off friday ahead of Greek private sector vote which maybe tougher to pass than the first tranche? Australia has a new left wing senate as from today. Their joy is to ...

AUD/USD

Cheap cut Chilli ;-) AUD @1.0730

AUD/USD

Its always my fault LOL.. The bulls are winning today.. matadors tomorrow ;-) 1.0720 res 1.0770 next.. It always looks bid at the top and bearish at the bottom.. Im still a seller..

AUD/USD

Last nights trading activity suggested AUD was going to remain bid as it had one of those minds of it own. GBP/AUD nearing 1.5000 historical lows as all not good in the old dart. Having said that things arent so rosey over here either. Market now ...

AUD/USD

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Cable Update (GBPUSD)

Bob Brown (Greens Australian Leader and Senator) wants to slow down Australian mining resource sector. Puts a dark cloud on foreign investment as well as job losses. As for Coal mining, he wants to tax and curtail it. Coal mining is Australia's ...

AUD/USD

Everyone is preparing for the Greek Euphoria.. Problem is that its the people that have to change not the bailout. GBP has given up again its strength against the AUD. Another challenge at 1.5100? More than likely will come from GBP weakness than ...

AUD/USD

AUD/USD has been struggling to rally all day despite the early morning hiccup. Early Europe has taken it off the lows.. Observation that GBP/USD is once again struggling to rally. We may be in a session for USD gains.

AUD/USD

Price action yesterday suggests that the AUD longs are happy. 1.0420 break was meant to be the magical sell signal armageddon. No panic at all. However no real snap back either. Hopefully some news can spark up this pair.

AUD/USD