I am expecting a spike towards 9373 then a downward thrust, all depending on the statement of course. Plus we will likely see profit taking and then bidding into London/NY

Aussie Pairs

MrM, Can you give some numbers on that chart? Thanks

Aussie Pairs

There we are almost through the congestion of 9289 once that is printed we should see 9350 and beyond

Aussie Pairs

Yep I agree.

Aussie Pairs

Ahhh..I usually watch the Moving Averages as well and psychological figures, such as the obvious round figures, etc.

Aussie Pairs

I see a spike especially if they're hawkish, then a drop as there is still some uncertainty in the markets.

Aussie Pairs

Hey MPP, Do you use pivot points? My platform has an indicator which calculates that for me.I also use fibo retracement.

Aussie Pairs

My forecast is a spike up to 9373 then a drop, UNLESS the RBA clearly states they're hiking again because the market's priced in two hikes(this one inclusive).

Aussie Pairs

Be prepared for spikes either way.

Aussie Pairs

I've put my retracement from two places, one from the big move from 77 to 9350 then the other one from 9350 to the quick decline to 8715

Aussie Pairs

So we made a new low at 9234 but bounced off that after some mixed Cad data and oil and gold on the up. back down we go towards 9200

USDCAD trend reversal?

9200 is approaching, on the hourly there's been some resistance at 9242

USDCAD trend reversal?

Looks like a 9200 test to me in U/C

USDCAD trend reversal?

[AUD/USD] getting some last minute bullish chatter ahead of the RBA meeting with talk of large demand for overnight topside strikes (Aud 1bln), an also interest to buy 3 month topside as well. This with the hawks out in force and the local press ...

Aussie Pairs

I'd say that selling rallies above 93 is the more profitable way to go especially with oil/gold up, but I'm not a 1kt guy so what do I know :

USDCAD trend reversal?

The reason I say 9220 is that was former resistance, so now support. Like you said it probably won't go there, but that's as low as I see it going. Rightn now equities are up so look for swift upward movement in AJ if this continues, that will drag ...

Aussie Pairs

The AJ will move along with the equities, which pulls AU higher as well. Where do you see the PT taking this pair? I think 9220 is the lowest before the decision tonight

Aussie Pairs

I think that the Aus/Nz/Asia are becoming more decoupled from the US then before, China is turning slowly into a huge consumer that will be able to pick up some slack from the US downturn. Just my .02 though

Cable Update (GBPUSD)

Flat currently, the market's been too sideways for me. However I will take a position if/when we break through the 9277/89 level.

Aussie Pairs

USDSEK, Another dip towards 9220 would provide good buying ahead of the rate decision. What usually happens with the RBA decisions is a spike higher followed by profit taking

Aussie Pairs