Dollar up, yen down lol. Dollar obeyed technicals which should carry over to USDJPY. Abe is also announcing his second tier of QE at the G8 summit. I mentioned 103.15 would be hit. See 107 by end of year if all remains equal

EURUSD

Why do people keep trying to buy it without it settling?

EURUSD

Everything playing out so far

Aussie Trading Room and Cartoons Gallery

there most likely won't be a major push up for another 50 pips. I mean we may go up 20-25 pips from here, but that really doesn't change much And dollar is looking to do what I thought. Broke 84.24 2Y high. Heading to 85 possibly 86

EURUSD

:nerd:

EURUSD

Lol notice that exponetial_rsi its at like 4 on the daily lol. If you notice on all three bottoms there was a good 200 pip bounce. Although my ego would love for it to blast to targets in one fall swoop, IDK if it will. Than again it has fallen ...

AUD/USD

Looks like sooner than later. .967 would be a triple bottom on 2Y daily. That may provide the move upward.

AUD/USD

.98-95 is not out of question.

AUD/USD

1st: .967 2nd: .955 3rd: .9375 I believe Aussie can hit the first target. Like I mentioned, it's due for some retracement. 3rd target is a stretch but Aussie can meet it will everyone beating it down. It seems to not be worth the swap it carries. It ...

AUD/USD

Bearish long-term. Have been since it posted it's highs. I dont try to change sentiment intrahourly like most do. Posted my targets few posts back. I expect a pullback and continue downward.

AUD/USD

Yeah says the 800 pip drop. Traders won't even hold it for carry. Aussie has been used and abused.

AUD/USD

Currencies are a separate asset class. Correlations can seize to exist. Dollar and U.S. equities use to inverse. Fundamentally, the Aussie shouldn't have been at 1.05, although this is pretty steep. Also, I expect NZD and AUD weakness with Japan ...

AUD/USD

Yea bro you should be fine. Although, I am curious if Japan's QE works if that will weight heavy on pacific pairs. Their machine orders were up 14.2% Chinese like numbers.

AUD/USD

Oh no, long? I never thought it would be this steep this quickly, but I always thought given the Aussie economy that 1.05 was overvalued. I think it's basically reverting to where it may have should have been and fed on it's self. And the big dollar ...

AUD/USD

Likewise my man. Thought I was watching a horror movie with all that red on the Aussie chart lol

AUD/USD

I expect a small pullback (white line) before heading down to targets (blue line).

Aussie Trading Room and Cartoons Gallery

Downside targets blue dotted line. Upside pullback that is what I expect is white dotted line. Overall bearish. Currencies can remain overextended for great periods of time.

NZD/USD

My targets are the blue dotted line to the downside, and white dotted for an expected pullback to resume downward. RSI is like 5, but great thing about currencies is they tend not to give a shite about overextension for some period, but the pullback ...

AUD/USD