AUD 02 (Feb 12 - Dec 20)

[kennynah]

1.042... eyeing...

if aud/usd hovers at this level for a few days.... i think better close out LONG position...

[kennynah]

Graveyard doji formed on daily candle by end of session....
So how?

[eauyong]

Dropped 24 pips because of this action.

AUSSIE: Gets an added press down to $1.0498 into the 1200GMT fix with a US investment house linked to the move. Rate begins to recover post fix, currently trading around $1.0510.

What kind of "fix"

[kennynah]

Where's support? Any tech readings?

[eauyong]

MNI AUSSIE-DOLLAR: Fundamental levels (orders, options, technicals)
$1.0625 Monday Sep14 high
$1.0570/80 Medium offers/$1.0564 76.4% $1.0625-1.0368
$1.0540/50 Medium offers
$1.0527 Tech 61.8% $1.0625-1.0368
$1.0520 Medium offers
$1.0490/5.00 Medium offers/$1.0497 50% $1.0625-1.0368
$1.0481 Int.Day high Europe, Asia $1.0480
$1.0470 ***Current market price 0644GMT Friday
$1.0460-50 Option expiries
$1.0428 Int.Day low Asia
$1.0368 Thursday Sep20 low
$1.0350/40 Medium demand/$1.0343 61.8% $1.0168-1.0625
$1.0336 Tech 200-dma
$1.0276 Tech 76.4% $1.0168-1.0625
$1.0168 September 6 low

[winston]

An Awakening

As expected, the Aussie has retraced ~ 50% of the move from the Monday afternoon low to 102.78 (intraday) today.

Should the model continue to be prescient, it will once again roll over and take out the lows from early September.

My suspicion is that the equity markets will begin to arrest the considerable negative divergence over the coming weeks - by rolling over as well.


http://www.marketanthropology.com/2012/ ... ening.html

[winston]

not vested

AUD to touch 1.07 in late 2012 - Stanchart

Will Leung, Head of Investment Strategy, Standard Chartered Hong Kong, said major market risks during the fourth quarter of 2012 and 2013 include inflation growth, the People's Bank of China's indecision on policy, and lower confidence in investment market amid the European debt crisis.

Leung believes U.S 'fiscal cliff' will not be a major risk as the certainties will be removed after the U.S election.

Global central banks will continue to expand bond purchase, and the U.S will adjust its debt purchase size after the operational twist are complete in late 2012; such moves will spur asset prices, Leung said, who believes AUD will reclaim 1.07 against the dollar in late 2012.


Source: AAStocks Financial News

[kennynah]

SELL 1.0350

[kennynah]

very resilient leh this aud/usd...

mai fall means mai fall...

[kennynah]

SELL aud/usd today