Thread: Discuss the AUD/USD, NZD/USD , USD/CAD and more

Originally Posted by Alejandro Zambrano

Cool, by the way do you think we will trade under 1.0050 today? EUR/USD looks very stretched and S&P500 has already created a decent low.

was away from the charts for a few hours, not sure what happened but this looks like new buy orders have entered market


new pole north, flag in progress, under 1.0050 is unlikley today atleast

1.02 is just below the 200 dma and strong resistance...Im thinking we will have a sell off in markets and AUD after the Fed meeting which may be something of a disappointment

and there is the correction

Attachment 134136

Originally Posted by Mozart

and there is the correction

]

Hello Mozart! Glad to see your posts here again! I hope you are well thanks for sharing your charts as we have missed them!

I am short AUD/USD @ 1.0119 looking for a drop as well.

Originally Posted by Gregory McLeod

Hello Mozart! Glad to see your posts here again! I hope you are well thanks for sharing your charts as we have missed them!

I am short AUD/USD @ 1.0119 looking for a drop as well.

There was a substantial move down in market volatility today which is a warning sign for AUD bulls

some tech

Originally Posted by Mary R

Im thinking we will have a sell off in markets and AUD after the Fed meeting which may be something of a disappointment

I doubt it will happen but the Fed ought to "disappoint" Congress by doing *nothing*.
The Fed should stop trying to bail-out US fiscal inaction & incompetence with compensatory monetary policy.
US Congress should have got off its azz and stopped supporting the banks and agencies.

NZD/CAD looks the most promising technicaly, it just looks exhausted and ready to fill some gaps.

Perhaps just another bull flag developing, but if it makes a couple more legs down maybe there is 80 pips there for a retracement with a stop just above the recent high.

NZD/CAD 1hr
Attachment 134172

Good morning/afternoon/evening or night depending on where you are in the world!

I London its still early morning and the markets are kicking off - what are your expectations of today's trading?

AUD/USD

I am long AUD/USD looking to profit at 1.0200 - if EUR/USD trades aggressively higher we might reach 1.03 - but that would probably be it before its weekend again.

I think it makes sense to be bullish and buy on dips as long as we trade on above 1.0050.

Any one else trading or looking to trade AUD/USD - share your ideas as the rest of the forum

4 hr time frame

Originally Posted by Ikee

Gap??????? up to 1.0120/60 will bring us down to around 0.99999 for final assault on 1.0280/99......

Scalping a short at the moment, but expect to head North for target soon.

Originally Posted by Alejandro Zambrano

AUD/USD

I am long AUD/USD looking to profit at 1.0200 - if EUR/USD trades aggressively higher we might reach 1.03 - but that would probably be it before its weekend again.

I think it makes sense to be bullish and buy on dips as long as we trade on above 1.0050.

Any one else trading or looking to trade AUD/USD - share your ideas as the rest of the forum

Methinks spot on Alejandro.........

Originally Posted by Gregory McLeod

Hello Mozart! Glad to see your posts here again! I hope you are well thanks for sharing your charts as we have missed them!

I am short AUD/USD @ 1.0119 looking for a drop as well.

Hy Greg
Im ok Thank's
I wasn't away i just didn't post...
Im looking for long after c is compleat for 1,0260-1,0280 if we make an outbreak upp
Im just waityng for the market too see what happen's...
The down side looks good on the bigger time frames.Im not hunting the outbreak this time

Looking for the correction too compleat for a good entry
I see more upp too come just waityng for the right moment

2 scenario's one whit red and one whit blue

5 m Chart

Attachment 134219

Originally Posted by SkiBunny

I doubt it will happen but the Fed ought to "disappoint" Congress by doing *nothing*.
The Fed should stop trying to bail-out US fiscal inaction & incompetence with compensatory monetary policy.
US Congress should have got off its azz and stopped supporting the banks and agencies.

The Congress isn't going to do anything until after the Presidential election. At the end of 2012 the Budget Control Act is implemented and the US will be shocked with big budget cuts...
I don't think the Fed is going to announce any new stimulus package at this particular meeting.

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