Tag Archives: Aussie

Top Ten’s Top Ten

Each month we look at the top ten performing accounts on the CMC platform. This helps management at CMC determine where our development and other resources are best deployed. However, there is a spin off benefit for traders – it’s … Continue reading

Rate this:

Posted in Commodity, Forex, Gold, Market, Shares, Stocks, Trading | Tagged , , , , , | 4 Comments

AUD/USD Sea Change

The AUD/USD pair bounced off an important support level in the last 36 hours, at 1.0150. Today, stronger than expected jobs numbers in Australia added support, but the big picture is deteriorating. A fall through the key support not only … Continue reading

Rate this:

Posted in Forex, Trading | Tagged , , , , , | 3 Comments

AUD/USD – Boundary Protection

Yesterday’s post – Buy AUD/USD on Trend Break – showed my stop entry order. After the release of jobs data today, AUD/USD rocketed higher, through the stop entry order at 1.0337. I should be long AUD/USD. However, my account shows … Continue reading

Rate this:

Posted in Forex, Market, Trading | Tagged , , , , , , , | 6 Comments

Buy AUD/USD on Trend Break

Who will win the currency wars? Central banks in the US, UK, Europe, Japan and China all want to see their currencies weaken, regardless of whether this is their stated aim. The AUD is a bobbing cork in the global … Continue reading

Rate this:

Posted in Forex, Market, Trading | Tagged , , , , | 5 Comments

AUD: JPY – Sell on trend break

With company and commodity markets being sold last night, the Aussie: Yen chart might be one for swing traders to watch if we do at last get a “risk off” correction in the near future.

Rate this:

Posted in Uncategorized | Tagged , , , , , , | Leave a comment

Aussie Dollar – Chart Outlook

The 200 day moving average is often a key level for markets. The Aussie fell below it in early February but has since lost momentum. Taking a tour through Aussie charts in different time frames, leads me to the view that selling into rallies (provided a … Continue reading

Rate this:

Posted in Forex, Market, Trading | Tagged , , , , , | 1 Comment

Buy AUD/USD on Reversal

The AUD/USD appears to be breaking upwards, breaching both resistance and a the medium term trend line. Fundamentals are less clear – many commentators are attributing recent weakness to anticipation of further interest rate cuts – a condition that was present … Continue reading

Rate this:

Posted in Forex, Market, Trading | Tagged , , , , , | 6 Comments

Buy AUD/JPY Ahead of BoJ

The Bank of Japan today conclude’s a two day meeting. Markets are expecting a commitment to a 2% inflation target (up from 1%) and further measures to stimulate the Japanese economy through a weaker Yen. (For a full discussion of … Continue reading

Rate this:

Posted in Forex, Trading | Tagged , , , , , , | 5 Comments

Sell AUD/USD – at Last

Traders bring personal bias to the market. We can’t help it, we are human after all (even if it isn’t always apparent!) Acknowledging our own bias is a key to overcoming it as an obstacle to successful trading. Lucky enough … Continue reading

Rate this:

Posted in Forex, Market, Trading | Tagged , , , , , | 2 Comments

Die AUD Die

An interest rate cut didn’t do it. Weak economic data didn’t do it. What will it take for the AUD to fall? Traders at investment banks are largely expecting a fall in AUD, based mainly on the drop in Australia’s terms of trade … Continue reading

Rate this:

Posted in Forex, Market, Trading | Tagged , , , , , | 3 Comments