AUDUSD has been smashed to the support zone I’ve mentioned yesterday. It is ugly. I am not happy, given the fact that my base is Australia.. 😆 Had a look at 4-hour chart, I would like to see some ‘touches’ on the support zone, and start buying some AUDUSD to test the support. Let’s see. […]
AUDUSD
$AUDUSD : Time to break the line?
After testing the support line around 0.9170 area 3 times, we are now heading to the same area again. This time, I am looking at the break of support, and give me a target of 0.9120. I am going in with a small short position to test this idea. Let’s see. What do you think?
$AUDUSD short triggered? Not for me,yet
I read some tweets with “AUDUSD short triggered”. Err…I’m not sure. Well, instead, I am thinking of getting in some long positions to test the support zone before considering any short action. Let’s see. What do you think?
Resistance ahead of $AUDUSD?
We have a better than expected unemployment rate in Australia. However, I am not sure if I should be so bullish about AUDUSD. Have a look at daily and 4-hour charts, we have some pretty heavy barriers in front of us now. I am considering going in with some small short positions later. What do […]
One simple trade sample
Here is one simple trade I have made today. Nothing fancy here. In hourly chart of AUDUSD, a bearish candlestick reading was observed, and, in addition, previous swing high was taken out. These gave me a bearish view. Ignoring the hype of improving Aussie employment figures, and RBA rate hike news, these did not sound […]
what’s next?
This is interesting. I see both GOLD and Aussie dollar losing momentum now. What’s next?
