AUD/USD

[noirua]

I believe the Aussie will continue down very gradually and not helped by Greece, as Germany and France stand alongside them propping them up, but not ready to pump in cash to keep Greeks in their jobs.
UK is giving their support but from a distance as they're not a Eurozone currency.
USD may continue to be a flight to safety.

 

[acouch]

today's road map updated
ac

 

[acouch]

morning all
today's road map
have a great day, and good trades
ac

 

[CFD]

How long are you planning to wait James?

Could be a some time. I think 73c is an interesting call for this year.

 

[acouch]

aud/usd road map updated from this morning
ac

 

[acouch]

moprning all
today's road map
have a great day, and good trades
ac

http://www.animalsaustralia.org/take_action/petitions/free-saigon/5#tally

 

[Mishka]

AUD/USD Road Maps

Hi as you will see from date joined I am new to this forum.
I am very interested in the road maps that are posted each day.
How do you read them. Are the highlights targets, resistance, support???
Just spent 2 hours prior to signing up going over previous post.
Looks like I will be a regular from here on.

 

[acouch]

Re: AUD/USD Road Maps

Hi as you will see from date joined I am new to this forum.
I am very interested in the road maps that are posted each day.
How do you read them. Are the highlights targets, resistance, support???
Just spent 2 hours prior to signing up going over previous post.
Looks like I will be a regular from here on.

tte red line ( lis )
above you are long, below you are short..

all nos on the chart stem from the lis..
so all are very strong support/resistance nos.

hope this helps
a:couch

 

[acouch]

Re: AUD/USD Road Maps

Hi as you will see from date joined I am new to this forum.
I am very interested in the road maps that are posted each day.
How do you read them. Are the highlights targets, resistance, support???
Just spent 2 hours prior to signing up going over previous post.
Looks like I will be a regular from here on.

tte red line ( lis )
above you are long, below you are short..

all nos on the chart stem from the lis..
so all are very strong support/resistance nos.

hope this helps
a:couch

 

[Whiskers]

Not certain, but on the HI it looks like it's probably completed an expanded flat for wave 4... the sharp fall being the impulse tail... and going north again for the .895 to .90 area, supported by my daily signals, before a larger degree correction.

It would seem the AUD is on a charge up again...

But, looking a bit wider to the daily chart, I can't help but get my earlier feeling back that this correction should go back to the low .80's... based on FA that there should be a better run on the USD than we've seen on improved economic outlook, ie recession over... before the longer term weakening USD trend continues.

If my feeling is correct, this alternate count may kick in about the low .90's, any time now, to start an impulsive wave 'C' down to the low .80's.

 

[acouch]

morning all
today's road map
have a great day, and good trades
ac

 

[acouch]

evening,
updated aud/usd road map
have a great evening
ac

 

[noirua]

I'm expecting the recent recovery in the AUD ag'in the USD to be short lived. The Americas and Europe are moving towards the end of their winter season and move into Spring in a matter of weeks. This should cool off the oil and coal demand and the UKs recent 3.5% inflation figure is Europe's and America's, as well as China's, big concern going forward. Flight back to the USD may well continue through 2010.

 

[Kremmen]

I believe the Aussie will continue down very gradually ...
USD may continue to be a flight to safety.

Of course you do. You've always liked the USD and wanted the AUD lower.

Back around the .60 level, you were trying to talk down the AUD. ("Will the Aussie tank be even greater though?", etc) Then, for many months, as the AUD rocketed up to .90 and beyond, you were silent. Now, at pretty much every sign of weakness, you pipe up with something like this. Restating your preference for a low AUD regularly achieves what? (... unless you think ASF readers have enough financial clout to move the AUD in the direction you wish it was heading.) What would be interesting would be to know why you want the AUD to be low.

 

[acouch]

16:35ET WASHINGTON (AP) -- Fed boosts rate banks pay for emergency loans; consumers not affected. [APNewsAlert]

ac


16:35ET BREAKING: Treasury yields gain after Fed hikes discount rate [MW]

 

[acouch]

good morning all
today's road map
have a great day, and good trades
ac

 

[noirua]

Of course you do. You've always liked the USD and wanted the AUD lower.

Back around the .60 level, you were trying to talk down the AUD. ("Will the Aussie tank be even greater though?", etc) Then, for many months, as the AUD rocketed up to .90 and beyond, you were silent. Now, at pretty much every sign of weakness, you pipe up with something like this. Restating your preference for a low AUD regularly achieves what? (... unless you think ASF readers have enough financial clout to move the AUD in the direction you wish it was heading.) What would be interesting would be to know why you want the AUD to be low.

Hi Kremmen, In posting it is a matter of exchange of views and information. I had two takeovers that landed me with a lot of cash in December and also a future CGT bill; as explained before, I have moved 75% of this into USD. Obviously I moved into USD as, imho, the AUD has come to the end of its long run up.

As I work in the UK, I had over the years found that sums had built up in an account in GBPs. So previously I was bullish of the AUD and moved GBPs into AUD.

I'm not a chartist of currencies and have avoided commenting on the charts posted, though I've found them interesting. The experts who post the charts seem to realize that my interest in AUD/USD are of a very straightforward nature and not as complicated as theirs.

So far I've been content with my currency moves, though sometimes they move the opposite to what I think and I sit tight; the reason I may go quiet at times.

Good fortune Kremmen in your investing and I hope to read some interesting and helpful posts from you in the future, thanks - noi

 

[Kremmen]

I'm not a chartist of currencies either. Currency investment is a curiosity and something which would require way too much effort for me. For example, I've invested in ADI, up 55% for the month so far. Much risk and/or time would be necessary to get those gains from the tiny movements in currency rates.

I'm very dubious about the value of AUD/USD charts at present. The AUD pretty much rises when the ASX rises. (Today, ASX is flat and AUD has fallen, but the US Fed made a surprise Discount Rate rise overnight, pushing the USD up against all currencies.)

Now, if someone were to chart the correlation between ASX movement and AUD movement and whether one is a statistical predictor of the other, that would be a chart worth following.

 

[Whiskers]

I'm not a chartist of currencies either. Currency investment is a curiosity and something which would require way too much effort for me. For example, I've invested in ADI, up 55% for the month so far. Much risk and/or time would be necessary to get those gains from the tiny movements in currency rates.

I mainly invest in shares that can and sometimes do double or treble in a reasonable time and trade others, but also trade currency and gold ocassionally, but yes, good gains come with risk and reward via leverage.

I'm very dubious about the value of AUD/USD charts at present. The AUD pretty much rises when the ASX rises. (Today, ASX is flat and AUD has fallen, but the US Fed made a surprise Discount Rate rise overnight, pushing the USD up against all currencies.)

Now, if someone were to chart the correlation between ASX movement and AUD movement and whether one is a statistical predictor of the other, that would be a chart worth following.

Already got a mention on the XAO Analysis thread here: https://www.aussiestockforums.com/forums/showthread.php?t=4888&highlight=XAO+Analysis&page=394

 

[acouch]

morning all
yesterday's road map
coming into close

a:couch