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- wisemonk replied Mar 2, 2016
The Trade deficit news.... My 2 cents.. I am holding the view that the trade deficit news would not be in favour of AUD and AUD/USD would drop. The trade deficit for Australia has been worsening since December. Clear indications to this is supported ...
AUD/USD
- wisemonk replied Feb 19, 2016
All markets are prone to manipulation, and currencies are no different. RBA and other forces try to pull it in different directions. The RBA guy can given an opinion, and it might temporarily get the pair to spike up or down a little bit, but PA ...
AUD/USD
- wisemonk replied Feb 17, 2016
Usually, January is a quite month for hiring and job-seeking. So there will be an increase in the number of people looking for work. I am counting on the AUD to drop..
AUD/USD
- wisemonk replied Feb 17, 2016
I think the pair might touch 0.7195 area before going down (from the 1 hour chart). The aussie dollar has rallied against most major currencies. So there may be another bounce in the upward direction.
AUD/USD
- wisemonk replied Nov 13, 2015
The resistance at 0.7150 seems very strong. It's funny how impact of negative data in favour of AUD did not last long and it came back to levels where it was floating the whole day. I think we are on a down trend currently. Unfortunately Australia ...
AUD/USD
- wisemonk replied Nov 2, 2015
I don't see the rate cut happening. The RBA will hold on to it as there are no strong economic indicators that mandate a rate cut currently. The banks increased the rate of interest recently to cover their cost of raising capital to satisfy APRA ...
AUD/USD
- wisemonk replied Oct 29, 2015
And here is an economist who thinks that AUS interest rates will not be cut any further down at all. url Frankly speaking, I like this theory and there is a good probability that RBA will not cut the rates. The banks will not pass on the rates to ...
AUD/USD
- wisemonk replied Oct 28, 2015
Mate, I am sure that any successful top-gun here has made losses, some of them possibly quite big. I am no successful trader, but I have also lost some big money. However, I have also tasted some good successes and I have hopes for the future. Forex ...
AUD/USD
- wisemonk replied Oct 21, 2015
Folks who think we will have a bull run now, how much pips do you think it will go up by? Maybe you all are hoping for a short term (intra-day bull run)? The commodity prices including gold have fallen over night. The aussie dollar is positive ...
AUD/USD
- wisemonk replied Oct 20, 2015
Folks.. Will the AUD/USD go downwards or upwards. .. stuck in a short position and not sure if it will go down..
AUD/USD