the retrace was probably to 9550, and if above 9490, its going up, dont knwo about news, maybe it will help audOriginally Posted by ;
the retrace was probably to 9550, and if above 9490, its going up, dont knwo about news, maybe it will help audOriginally Posted by ;
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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great see another aud pairs on here, I jsut bought aj for 102.Originally Posted by ;
stochachstics down, macd cycle down, I?m brief, lets see, should we get some dollar bulls, till end of the week.
Their employment information is coming out soon so you have a 50/50 shot. lolOriginally Posted by ;
I agree it's definitely possible and being so close occasionally becomes self fulfilling. However I think that it might need one or two more positive fundamental calls and I simply don't feel that there are that many abandoned at the moment in the Australian economy.Originally Posted by ;
But would not surprise me at all when it reaches parity.
I do not wish to call the shirt but I think fundamentally we have seen the very best in the AUD economy and the economic cycle is changing. The one caveat in this of course is the resources cycle that is flourishing. Much of the AUD is pushed from the buying of assets and is at the return differential and the carry trade we might need to wait and see.
I'd feel that when speculation of the RBA for interest rate decline starts to construct (which I think is beginning) and of course you have US beginning to have a strengthening stance onto their curreny the end might be changing.
What happened last time the US took a weakening place round the US dollar around deflation. We have inflation using low interest rates and the only alternative is to observe the US fortify.
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Judging from the previous reports, I believe that the employment report (Employment Change) is going to come from the RED, or reduced than forcast. Just MHO.
Bristol