Thread: AUD/USD

Originally Posted by ;

I feel you know each currency pairs ...

Thanks. AU over parity soon.

Originally Posted by ;

Thanks. AU above parity shortly.

I concur - but thats appearing at a 2 month plus horizon. For the days - my charts only show a consolidation before the next leg up. Hence my brief. I will have a long if it can break above 9680/9700 and then parity becomes a target.

Originally Posted by ;

I agree - however thats appearing at a 2 month and horizon. For another 3-7 days - my charts only show a consolidation before the next leg up. Hence my short. I will take a long just if it can break over 9680/9700 and then parity becomes a viable goal.

I agree it may consolidate,, 'however' 9490-ish is my long-term TL on weekly, and may move up quite quickly from here. If this type of right TL.
https://www.forexforum.co.za/trading-systems/1-.html

Originally Posted by ;

Thanks. AU over parity.

Just curious what fundamentals would you believe will induce the AUD over parity today or is this a technical call.

I open a long position 1 lot @ 0.9500 about 11:30 est pm following price transferred below the 50 percent fib. # about the 4hr. chart. Stop loss @ 0.9459

searching for 0.9620/60

Originally Posted by ;

Just curious what fundamentals would you think will induce the AUD over parity now or is that a call.

Technical, and parity is not so far away 300 pips, so it's extremely possible.

Originally Posted by ;

Just curious what fundamentals do you believe will induce the AUD over parity now

Gold is not finsihed with it's bull run. IMHO.

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I'm gonna hang in there until the news is out and over with, see if I could ch a few pips on a retrace if available. What is you encounter with this pair seeing news and retracing?
I do not exchange the news, (GFT Forex makes it too difficult to do this), but on a significant movement, I do fine.

I have never exchanged this pair within my live account before.

Thank you in advance,

regards,

Bristol

Originally Posted by ;

,

I'm gonna hang in there till the news is out and over with, see if I could grab a few pips on a retrace if accessible. What is you encounter with this pair regarding news and retracing?
I do not trade the news, (GFT Forex makes it too difficult to do that), but on a big movement, I do fine.

I've never exchanged this pair within my live account before.

Thanks Beforehand,

regards,

Bristol

the retrace was probably to 9550, and if above 9490, its going up, dont knwo about news, maybe it will help aud

I'm holding quite a while on the AUDCAD because .9686, so that I hope that the news tonight will be great to move this to .9741. I did make pips on a AUDUSD this morning.

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