GBPUSD- followup — As a follow up to my post above.. I wanted to look at another chart that could present an interesting short opportunity if GBP weakens further. GBPAUD. image And here's a closer look. image Since GBPUSD is a bit of a ...

Cable Update (GBPUSD)

GBPUSD — Seasonality the GBP tends to move up around March to about first two weeks of April and starts to show weakness in the later part. In the past 35 year history, this has hold true 25 times for a success ratio of about 71%. We are ...

Cable Update (GBPUSD)

USDCAD- fun fact — Here's a fun chart .. USDCAD vs AUDUSD shows a -93% correlation the within the last couple of weeks. And looking at the last month, you can see how these markets have crossed paths. image So if one is shorting USDCAD, then ...

USD/CAD

USDCAD - response — I understand your point but keeping in mind that the current price of oil is only temporary so a manager or company is not going to increase or decrease wages based on speculative bets in the stock market. That would cause ...

USD/CAD

USDCAD - response — It is a 10year monthly chart. So you're thinking it goes up? Good luck. That means you're dollar bullish and bearish on crude? Forget the fact that crude closed and highs and dollar completely fell apart. If you want to ...

USD/CAD

USDCAD — As long as oil continues to trade higher, that weighs on the dollar along with the budget problems in the U.S. and the reluctance for voting members of FOMC to agree on ending QE2, the USDCAD will likely see .94 before .97 Sorry for ...

USD/CAD

AUDUSD to continue up? — I've said before at 1.03 that as long as the dollar continues to be weak and Crude, Gold, copper continue to the upside, the risk favors the AUD greatly. On top of that, the high currency is helping the RBA battle ...

AUD/USD

Continued dollar weakness? — The dollar is not liked from all angles by the market presently. USDCHF showed some weakness on Friday breaking up trending channel. Looking for a retest of .89 levels. image ---- blog: url

USD/CHF

GBPUSD and 1.64 — This pair continues to struggle up here. It has been here before which then led to a pullback to 1.60. Seems above 1.63 there are offers and around 1.60 the bidders dominate. Considering the Fed govt was not shutdown over the ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

BING -- There she goes — More short squeezing .. sheesh. Now if only JPY data doesn't shock people.. look out for AUDJPY to pop. image

AUD/USD

Answer — AUD moves with the likes of Gold and Copper which is why is it called a commodity currency just like Crude oil and CAD (Canadian $) move together. Currently you have global inflation and since the value of the dollar continues to ...

AUD/USD

AUDUSD - my point of view — Have mentioned before, it is tough to short this market because you are seeing people chase yields and you are getting paid 4.75%. Would you put your savings in a 0.25% yield or 4.75%? Look at the Carry trade on yen ...

AUDUSD for informed traders

AUDUSD — Looks like a lot of people are carrying this chart around and so far it is paying off. Considering the fact that Australia's Trade balance came in a surprise deficit. Now let's see what happens when the cash rate comes out in 23mins.

AUDUSD for informed traders

AUDUSD - just thinking — I've been seeing around a lot lately with everyone saying the AUDUSD has to pull back here and they have an asset bubble in Australia etc etc. We have inflation all over but you play what works. Look at EURO, everyone ...

AUD/USD

AUDUSD — Even though gold has stalled in the recent weeks, AUD continues up. Right now everyone is chasing yields. The price of oil is keeping copper and gold from rallying too high however AUD continues up as you are yielding plenty vs the ...

AUDUSD for informed traders

AUDUSD - my point of view — Many traders keep looking for the pullback on AUDUSD, reminds me of all the folks waiting to short EURUSD. The problem is not that the currency has gone too high, it is that the dollar is not favored in any ...

AUDUSD for informed traders

Aussie — Considering the Aussie tracks gold very well. It is worth to compare the currency to gold. At 87% correlation it is interesting to see gold and AUD struggling around these levels. Inflation scare has driven the demand for Gold quite ...

AUDUSD for informed traders