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View Full Version : Australian Dollar May Free Fall


Pauligiwz
07-20-2008 20:42, 08:42 PM
What do you guys think:

http://www.bloomberg.com/apps/news?pid=20601087sid=alHVSq2PIYcsrefer=home

Obviously interesting for its carry traders out there...
oxmluuu5
11-06-2021 11:52, 11:52 AM
Hi All,

Thanks Everyone for your Articles and analysis about the Aussie. Druss, enjoy your analysis.

Question... would the market be'pricing at' a rate cut on Tuesday? The RBA is due to declare the aussie interest rate so maybe this is why the currency is falling....

I could be wrong about this but I'm getting the sense that Aussie traders have stopped buying and are only waiting for the RBA announcement on Tuesday.
Mimeaycasleys
11-06-2021 13:13, 01:13 PM
Hi All,

Thanks Everyone for your Articles and analysis about the Aussie. Druss, love your technical analysis.

Question... could the market be'pricing at' a rate cut on Tuesday? The RBA is due to announce that the aussie interest rate so maybe this is why the currency is falling....

I could be wrong about this but I'm getting the sense that Aussie traders have ceased buying and are only awaiting the RBA announcement on Tuesday.

TrevA That is likely following the shock RBNZ cut. In case RBA comes out hawkish we will probably see the market caught short along with a violent move back up to the highs could backfire.
mimeayayu
11-06-2021 14:34, 02:34 PM
Ability of the 50% Fib Retrace

http://img134.imageshack.us/img134/7...etrace1bg4.jpg
mimeayayu
11-06-2021 15:55, 03:55 PM
Where we live. Not that far off a fib level that is 50%.

http://img253.imageshack.us/img253/6...etrace2ab0.jpg
melz1972
11-06-2021 17:15, 05:15 PM
1 Attachment(s) Thought I might show what I see, I concur this pair could just turn?
lalifemngwz
11-06-2021 18:36, 06:36 PM
Thought I would show what I see, I concur this pair might just turn? What's it Gann said about preventing a third candle of the same colour?
Oxgokglla
11-06-2021 19:57, 07:57 PM
Has turned into a pretty major fall. I have a long in trouble. Thanks for a retracement from a collapse like this. Gold must rebound. Held stable after its collapse. Looks like oil can find a short term bottom at 120. Underside, bottom, bottom
welcome0
11-06-2021 21:18, 09:18 PM
Time nice for EURAUD