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AUD: AUSTRALIAN DOLLAR


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AUD: AUSTRALIAN DOLLAR

  #1 (permalink)
terryfx
Washington + USA
 
Posts: 1 since May 2012
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The Australian dollar rate is hardly moving today after sharp leaps in the Asian session. The currency is still in a weak position.

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  #2 (permalink)
jeromanomic
Perth, WA Australia
 
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agreed.. Short selling ahead, Aussie is heading down

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  #3 (permalink)
amarno1
London, England
 
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Aussie is tied to the Fate of Gold and Silver due to the Large Revenues generated through mining.

If you want to trade the Aussie look at how risk Averse the Market is and therefore the movement in the Gold Markets and then focus on the USD.

Internal politics (except job creation and Interest Rate changes) have little effect on the AUD.

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  #4 (permalink)
 
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 Silver Dragon 
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Lets see if we can get this thread going. I would be interested to know if anyone else is trading the AUD futures or Forex.

I am also interested in what makes it move. @amarno1 thanks for the insight. I do see some correlation between gold and AUD but it seems to be inconsistent and delayed.

The Aussie futures broke down last night but is still in a range. Possible short below 7175.


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 Silver Dragon 
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Found this interesting: FX Positions | Forex Orders | Forex Order Book | OANDA fxTrade


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  #6 (permalink)
Thxo
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from technical side, i still see an up potential ..
but, not so sure on the fundamental side.


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  #7 (permalink)
Thxo
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Thxo View Post
from technical side, i still see an up potential ..
but, not so sure on the fundamental side.

Closed Half, SL to BE+.


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  #8 (permalink)
 
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 Silver Dragon 
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Price has found buyers 3 times between 7150 and 7185. The last rejection made a lower high. Shorts are building a position.


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 Silver Dragon 
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AUD end of week chart.

Aussie is still in a down trend near the bottom of a channel. Possible consolidation and reversal next week.


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 Silver Dragon 
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Economic Calendar weekending 11-13-15

Robert


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