From last Friday’s action, we might find some excitements about commodities currencies again. Uhm…. Maybe. I am not so sure if Aussie dollar (AUD/USD) is breaking out from the range. It is just not convincing enough at the moment. For trading purpose, I will be a little bit more patient now. In addition, we have Aussie interest rate decision coming soon, so… Anyway, if the uptrend is to resume, I am sure I can get a chance to get in later. So, speaking in Aussie style, “No worries, mate”.
Here are the…… statistics and daily chart of Aussie dollar!
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[photopress:audusd01feb2008daily.gif,full,alignleft]
We have to take a look at GOLD. Is it peaked? uhm…. I guess, it might be due for pull back. Don’t ask me about peak and bottoms things. By the way, Chairman is calling a “peak” of GOLD as well (ok, what he meant is price pull back as well). Anyway, it is still in strong uptrend at the moment.
Here are the ……Statistics and CHART!
[photopress:gold01feb2008daily.gif,full,alignleft]
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