Why don't you want to trade the account yourself? Who knows, you may even enjoy FX.

Would I have any takers?

I just took a glimpse of the weekly AUD/USD. If the pair retraces to 0.90 or just above, and then corrects itself to prior lower lows (support 0.855) then we may have an obvious H&S pattern to contend with

Aussie Pairs

Can I ask you what became of those thoughts that it will have a major correction. Just interested on some viewpoints, that's all.

XAU going through the roof

All we've seen is a bounce off prior support (0.867). 0.885 is the immediate testing material before I can even considering to be getting "jiggy" with it Then there's several resistance ahead just prior to 0.90. And the fact that Gold has ...

AUD/USD confirming trend change - heading higher

Such is this market. In a calmer market, the AUD/USD would've challenged for a break above 0.90 by now after those favourable numbers. I'm watching the Yen, not just for AUD/USD strength.

Aussie Pairs

Already has to some degree with the Centro Properties debacle.

AUDUSD - No love for commodity currencies?

While the AUD does indeed take the lead from the global risk appetite for higher-yielding assets and the ASX does sympathises with Wall Street, the current slide in the Aussie may be a temporarily or limited trend. The uncertainty, followed by data ...

AUDUSD - No love for commodity currencies?

Ponder the thought of what would happen if the RBA decides to be standoffish to raising (though remains hawkish to the inflationary pressures) now that the banks have taken a forward step. Is the market pricing this in? I do not have the expertise ...

Aussie Pairs

Considering the volatile movements we've received in the past couple sessions in the markets, there's limited reward to play for IMO. When in doubt, stay out. Those options play could be a good indicator of commitment for the current LT trend. I'd ...

AUDUSD - No love for commodity currencies?

While I do subscribe to the axiom of "if the USA sneezes, the world catches a cold", I think Australia has been gradually shifting to the sentiments of its Asian counterparts, particular China (the "golden goose"). Yes, the USA slowdown will have a ...

Aussie Pairs

If that support materializes, we could see a wedge pattern forming and a retest of previous resistance (though those double tops do look ominous). We could then see a break of that pattern formation - to the direction of the most overwhelming trend. ...

Aussie Pairs

That level may not hold if the Yen continues to enjoy another leg down. I'd prefer to watch the weekly trendline of the AJ on any offering of this receding decline. The previous support @ 93 seems like the appropriate magnet to draw the longs into ...

AUDUSD - No love for commodity currencies?

It seems to me like the weakness is due in part to the strength of the Yen in the last few sessions. The AUDUSD does look like a good potential upside trade for the coming months, though we may need to see the appetite for high-yielding commodity ...

AUDUSD - No love for commodity currencies?