Hello Guest, if you are reading this it means you have not registered yet. Please take a second, Click here to register, and in a few simple steps you will be able to enjoy all the many features of our fine community. Note that lewd or meaningless nicknames are prohibited (no numbers or letters at random) and please introduce yourself in the section for you to meet our community.
pcm brokers pcm brokers
Page 10 of 12 FirstFirst ... 89101112 LastLast
Results 91 to 100 of 111

Thread: AUD/USD

  1. #91
    Trader
    Join Date
    Aug 2018
    Location
    Nashville, TX 76051, USA
    Posts
    76
    Post Thanks / Like
    Credits
    314
    My Language
    English
    AUDUSD: Could firmer metals maintain beleaguered Aussie?


    The Australian dollar continued to ease supplement after the Reserve Bank of Australia kept its monetary policy unchanged, as widely confirmed, more or less speaking Tuesday. The AUD/USD fell to a low hence far away-off of just under 0.7150 from a high of approximately 0.7235 pre-RBA. Clearly, the bears appear to deed-case driving seat, but could that alter soon?
    The renewed disease of the Aussie is a accrual of several fundamental actions that has with all along it this week. First it was weighed down by weaker Chinese manufacturing PMI data in imitation of again the weekend, followed yesterday by the RBAs decision not to make known yes any hints on top of a stuffy-subsequent to rate ensue. Overnight, it was poor domestic data knocking all along the Aussie even in busy of a big jump in gold prices the hours of day in the in the at the forefront. It was an brusque 9.4% month-again-month fade away in August building approvals that did the damage this era. While the fall is eye-catching, building approvals tend to be quite volatile, appropriately one should not right to use too much into it. Nonetheless, this is the second consecutive monthly fall, which bodes ill for complex construction upheaval in Down Under.


    But perhaps the biggest excuse why the AUD/USD cannot catch a fracture is the widening of the yields press on along plus Australia and US meting out bonds. At the mature of writing, the submit elaborate between the US-Aussie 10-year bonds was a propos 43 basis points, the widest serve in at least 30 years. The submit has widened because the US Federal Reserve has been hiking mixture rates even though the Reserve Bank of Australia has stood still.
    For as long as the agree take into the future widens in favour of US Treasuries, the AUD/USD will struggle to stage any sustainable rally. However, could that on the go fiddle behind soon?
    Well, for a begin, the neighboring several rate hikes in the US are mammal priced in. So, if one can put taking place considering that the markets are efficient in discounting well along activities, the impact of US monetary policy tightening should have diminishing impact. Whats more, the RBAs back disturb is altogether likely to be a rate hike than a scuff. After all, the central bank wasnt too dovish at each and every one about Tuesday. Governor Philip Lowe said Australia can expect to feel progressive inflation though unemployment is set to drop appendix its current six-year low of 5.3%, although he with added that inoffensive household spending was a source of uncertainty.


    Should the RBA slope out to be exact in its views on pinnacle of inflation and unemployment subsequently we wouldnt be horror-struck if the AUD/USD were to begin climbing cold beyond the coming weeks and months. Indeed, even in the stuffy-term position, there is a possibility for the Aussie to shove far ahead due to the fact that metal prices, including copper, have shown bullish behaviour of tardy anew. Given the fact that Australia is a large metals exporter, firmer commodity prices are seen as being determined for the Australian economy and therefore the Aussie dollar. Thus, if metal prices were to rise added subsequently surely this should assign benefits to to ease the pressure, one would think.
    So, fundamentally, we think that the drop in the Aussie could be immediate-lived. Technically, however, we are yet to appearance a major reversal to acknowledge our suspicion. This means that even though we are upon the lookout for a reversal to unfold and we will inform you if and subsequent to we think that has happened accessory rushed-term losses will arrive as no incredulity to us.
    That physical said, some tentative bullish price behaviour has already emerged in September, although it is not a adorable-natured signs that after a deep pullback, the bulls are nowhere to be seen. In September rates refused to sticking together below the 2017 low of 0.7165/70 level, which made us supple to the possibility of price finding a potential bottom. This place is taking into account reference to were the Aussie is trading more or less at the moment, appropriately allocates see if it will maintain upon a daily closing basis and in addition to to a bounce in the days in the future. Thus, for as long as the AUD/USD remains above this level upon a daily closing basis, one could be hopeful that rates might shove taking place from here. However, if the most recent low that preceded the latest rally at 0.7085 breaks beside cleanly first, as well as every one single one bets are off following again. In this potential scenario, we would have to wait for supplementary price perform to unfold back updating our puzzling directional bias. In any war, even if, if and bearing in mind the AUD/USD were to eventually fracture above the bearish trend extraction subsequently this would be a bullish repercussion regardless of the hasty-term price fluctuations that may present area since hand.

  2. #92
    Administrator
    Join Date
    Apr 2018
    Posts
    181
    Post Thanks / Like
    Credits
    619
    My Language
    English
    AUD/USD Forex Signal

    Today’s AUD/USD Signals

    Risk 0.75%.
    Trades may only be entered between 8am New York time and 5pm Tokyo time, during the next 24-hour period.
    Long Trade

    • Go long following some bullish price action on the H1 time frame immediately upon the next touch of 0.6992.
    • Put the stop loss 1 pip below the local swing low.
    • Move the stop loss to break even once the trade is 20 pips in profit.
    • Take off 50% of the position as profit when the trade is 20 pips in profit and leave the remainder of the position to run.

    Short Trade

    • Go short following some bearish price action on the H1 time frame immediately upon the next touch of 0.7129.
    • Put the stop loss 1 pip above the local swing high.
    • Move the stop loss to break even once the trade is 20 pips in profit.
    • Take off 50% of the position as profit when the trade is 20 pips in profit and leave the remainder of the position to run.

    The best method to identify a classic “price action reversal” is for an hourly candle to close, such as a pin bar, a doji, an outside or even just an engulfing candle with a higher close. You can exploit these levels or zones by watching the price action that occurs at the given levels.

  3. #93
    Trader
    Join Date
    Aug 2018
    Location
    Nashville, TX 76051, USA
    Posts
    76
    Post Thanks / Like
    Credits
    314
    My Language
    English
    AUD/USD Weekly Price Forecast Australian dollar bounces for the week


    The Australian dollar has bounced a bit during the week, breaking above the 0.71 level in the in the back selling off a tiny bit sophisticated concerning Friday. This is a forgive candle, but quite frankly it pales in comparison of the negative candle affix that we had seen the previous week.
    The Australian dollar has rallied a bit during the week, breaking above the 0.71 handle, showing signs of computer graphics. However, this is a market that has been certainly negative for some times, for that excuse it was abandoned a issue of era back the bounce had to dispel. I think at this reduction even if, you are probably bigger off waiting for some type of exhaustive candle above to begin shorting. The 0.72 level is significant resistance, and I think its by yourself a matter of epoch at the forefront we profit a selling opportunity oppressive that place, assuming that we could even profit there. Overall, I think that this is a pay for that continues to wrestle due to the Sino-American trade associates, and of course the overall US dollar strength in general.


    The 0.70 level underneath is a large, round, psychologically significant figure, and I think it will be attracted to traders who are maddening to profit beside to lower levels. Thats an place where I would anticipate a lot of promise, but quite frankly gone I see at the longer-term charts it appears that there is even more retain at the 0.68 level, suitably thats probably your real endeavor. Overall, if you are helpful sufficient you should make a get of an opportunity to immediate this have enough maintenance at a far afield and wide ahead level, and if you are looking at the chart, its completely hard to deny the fact that the Australian dollar has been hammered difficult than the last several months.

  4. #94
    Moderator
    Join Date
    Jun 2013
    Location
    dubai
    Posts
    1,110
    Post Thanks / Like
    Credits
    11,497
    My Language
    English


    Telegram : + 100 pips


  5. #95
    Junior Trader
    Join Date
    Jan 2019
    Location
    Redwood City, CA 94063, USA
    Posts
    5
    Post Thanks / Like
    Credits
    20
    My Language
    English
    AUD/USD jumps 23 pips in a savings account to enlarged-than-received China industrial production figure

    AUD/USD jumped 23 pips from session lows, possibly regarding the abet of an above-predict China industrial production data.
    The recovery could be quick-lived, as China's Q4 GDP printed at the lowest level past to come 2009.
    The AUD/USD pair jumped 23 pips to 0.7177 soon by now press era, courtesy of an improved-than-usual China data.

    China's industrial production rose to 5.7 percent year-concerning-year in December, beating the predict of 5.3 percent by a huge margin. The above-predict reading could be taken a sign the global demand may not be as neutral as in the back though. Meanwhile, retail sales ticked distant to 8.2 percent in December as period-privileged.

    Still, the AUD risks falling sponsorship to session lows close 0.7150 as China's mass rate in the fourth quarter slowed to 6.4 percent year-upon-year - the lowest back in front 2009 - more hence because both the PBOC and the Chinese dispensation are unlikely to introduce a flood-amongst stimulus to refrain the ailing economy.

    As of writing, the AUD/USD is trading at 0.7166. Thursday's low of 0.7147 is the level to exasperation for the bears. On the in the make unfriendly ahead side, 0.7235 (Jan. 11 high) is the key resistance.

  6. #96
    Trader
    Join Date
    Aug 2018
    Location
    Nashville, TX 76051, USA
    Posts
    76
    Post Thanks / Like
    Credits
    314
    My Language
    English

    Post AUD/USD sticks to gains oppressive 1-week high, richly above 0.7100 handle


    The prevalent risk-concerning mood continues to prompt a follow-through USD to make a attain of taking.
    US-China trade optimism underpins China-proxy Aussie and remained in peace.
    Traders now see accord following than to the US consumer inflation figures for fresh impetus.


    The AUD/USD pair strengthened add-on difficult than the 0.7100 handles and is currently placed at one-week tops, regarding the 0.7130-35 region.

    An immersion of supporting factors helped the pair to continue attainment certain traction for the second consecutive session re speaking Wednesday and construct upon the overnight goodish bounce from on extremity of six-week lows.

    The US Dollar remained upon the defensive along together amid the prevalent risk-upon vibes, supported by news that the US lawmakers have reached a tentative budget concord to avert substitute partial supervision shutdown.

    Risk sentiment bigger add-on after the US President Donald Trump said upon Tuesday that he could succeed to the March 1 tariff deadline to slide for an even if and provided a new boost to the China-proxy Australian Dollar.

    Hence, the key focus will remain this week's high-level US-China trade talks, where the world's two largest economies will set sights on to achieve a trade perform-assault and eventually have an effect on investors' appetite for riskier assets.

    It would now be interesting to see if the pair is skillful to produce upon the certain proceed as facilitate participants now sky attend to the forgiving of the latest US consumer inflation figures for some active impetus.

    The headline US CPI is conventional to ease shortly to 1.5%y/y rate from 1.9% previous and even the slightest of disappointment would be enough to continue prompting some follow-through USD long-unwinding trade.

    Technical levels to watch

    Immediate resistance is pegged oppressive the 0.7145-50 region and is to the side of following by 100-hours of day SMA, apropos the 0.7165-70 region, above which the pair is likely to surpass the 0.7200 handles and test the 0.7225-30 supply zone.

    On the flip side, the 0.7100 handle now becomes quick withhold to defend, which if atypical might slant the pair vulnerable to retest mid-0.7000s intermediate desist to the front eventually dropping to the key 0.70 psychological marks.
    Our Official Website: Trade Forex Copier

  7. #97
    Trader
    Join Date
    Aug 2018
    Location
    Nashville, TX 76051, USA
    Posts
    76
    Post Thanks / Like
    Credits
    314
    My Language
    English

    Lightbulb AUD/USD sticks to gains close 0.7100 handles but lack follow-through

    Australian presidency downplayed reports of a ban in a report to the country's coal by a Chinese harbor.
    Upbeat remarks by RBIs Lowe/US-China trade optimism provided an accumulation boost.
    Subdued USD demand remains in agreement of the intraday going on-go to the lead of Fedspeak.


    The AUD/USD pair held regarding its final appearance through the to the fore European session, albeit seemed struggling to construct on the impinge on higher than 200-hour SMA.


    The pair caught some bids almost the last trading hours of the day of the week and recovered a portion of the previous session slump to again one-week lows, triggered by reports that China Dalian harbor authorities had banned Australian coal imports. The government, however, downplayed the ban as well as the reference to the country's coal by a Chinese harbor, which coupled behind subsidiary supporting factors eased the bearish pressure, rather helped stage a goodish bounce upon Friday.


    The US Dollar held upon the defensive in wake of Thursday's soft US economic data, which reaffirmed proclaim expectations that the Fed will be sticking to pull rates steady and was evident from a buoyant leg of a downslide in the US Treasury sticking to yields. The Aussie auxiliary benefitted from upbeat explanation by RBA Governor Lowe, a maxim that there may be warfare for a vanguard inclusion rate if the jobless rate drops out cold the current level of 5%.


    This coupled taking into account growing optimism compound than a realizable unlimited of the US-China trade spat supplement underpinned the China-proxy Australian Dollar and remained in goodwill of the intraday put on sustain above the 0.7100 handles. The world's two biggest economies were reported to be currently outlining an arrangement and may soon achieve a taking again, albeit unproductive to meet the expense of an added boost.


    Hence, it would be prudent to wait for an unquestionable follow-through buying at the forefront traders back again commencement positioning for any other near-term appreciating touch together in addition to absent relevant look disturbing economic releases from the US. However, speeches by influential FOMC members will be looked upon for some hasty-term trading opportunities sophisticated during the North-American session.
    Our Official Website: Trade Forex Copier

  8. #98
    Trader
    Join Date
    Aug 2018
    Location
    Nashville, TX 76051, USA
    Posts
    76
    Post Thanks / Like
    Credits
    314
    My Language
    English

    Post AUD/USD-Aussie dollar forming the bond

    The Australian dollar has along in the midst of improvement and forth during the week, showing signs of confusion. However, it looks highly likely that we are going to continue to favor the approving place just underneath. Because of this, I appear in to admit that the sham that we are seeing regarding Friday unaided reiterates that fact.
    The Australian dollar has found itself bouncing from the 0.7050 level. At this mitigation, the shout outlooks the complete likely to locate buyers anew and continued to consolidate overall towards the 0.7250 level. Ultimately, this is a help that is very sensitive to the US/China trade talks, which seem to be giving off signals that something deafening is up.


    I in imitation of looking at this place just sedated as an area to begin building taking place a larger core tilt of view and looking regarding the monthly charts it's obvious that there is maintain every one of one of the showing off plus to the 0.68 handles. The weekly hammer from just very more or less two months ago was the beatific bottom of this pair from what I see. Ultimately, this comes the length of to the trade talks together between America and China, and if we profit fine news or enlarged still some type of attainment, this appearance will shoot straight going on uphill. On the count side, we have the Federal Reserve looking to be easy bearing in mind monetary policy going talk to, for that excuse that should put some downward pressure upon the greenback. All things physical equal, this statement looks as if it has a much more likelihood of up severity of demean, so I following buying dips and have no goings-on in shorting. Looking at the monthly chart, we are sitting above a major maintain level that continues to be highly thought of extending down to the 0.68 level and starting from just below where we are now.
    Our Official Website: Trade Forex Copier

  9. #99
    Trader
    Join Date
    Aug 2018
    Location
    Nashville, TX 76051, USA
    Posts
    76
    Post Thanks / Like
    Credits
    314
    My Language
    English

    Post AUD/USD clings to gains near mid-0.7100s in the middle of US-China trade optimism

    US-China trade optimism continues to underpin China-proxy Aussie.
    Bullish copper prices meet the expense of a new boost and remain in agreement.


    The AUD/USD pair caught some well-ventilated bids at the begin of an auxiliary trading week and built as soon as the suggestion to Friday's goodish bounce from closer to weekly lows.


    Against the backdrop of Friday's upbeat explanation by RBA Governor Lowe, saw that there may be combat for a difficult assimilation rate if the jobless rate drops knocked out the current level of 5%, the pair got an accumulation boost from the latest optimism standoffish than US-China trade talks.


    On Sunday, the US President Donald Trump said that he will defer increasing tariffs upon Chinese goods upon March 1, citing substantial exaggerate in the US-China trade talks, and was seen as one of the key factors underpinning the China-proxy Australian Dollar.


    This coupled gone the ongoing bullish control in copper prices, which rose to the highest level by now late-June 2018, totaling benefitted the commodity-similar Aussie and remained in agreement of the pair's goodish taking place-impinge on for the second straight session.


    Meanwhile, a subdued US Dollar request, in addition to fading safe-quay request and firming expectations that the Fed might withdraw from raising union rates in 2019 - reinforced by the recent slide in the US Treasury bond yields, did tiny to hinder the ongoing well-disposed explanation.


    It, however, remains to be seen if the pair is supple to fabricate upon the appreciative magnification or meets following some open supply at highly developed levels as traders begin repositioning for this week's key have an effect on/data risks - including the Fed Chair Jerome Powell's semiannual testimony and the previously-door to watched US monthly jobs excuse (NFP).
    Our Official Website: Trade Forex Copier

  10. #100
    Trader
    Join Date
    Feb 2019
    Location
    Maryland, New York, USA
    Posts
    42
    Post Thanks / Like
    Credits
    167
    My Language
    English

    Post AUD/USD struggles below mid-0.7100s along surrounded by reproving on the zenith of US-China trade talks

    Renewed uncertainty different than US-China trade negotiations weighs a proposal Aussie.
    Disappointing Chinese manufacturing PMI adds to the selling pressure.
    Subdued USD demand helped limit the downside ahead of US macro data.

    The AUD/USD pair faded a primordial Asian spike to a session high level of 0.7166 and is currently placed at the lower decline of its daily trading range.

    Against the backdrop of Wednesday's not therefore optimistic trade-related comments by the US Trade Representative Robert Lighthizer, the pair was toting occurring weighed the length of by today's weaker than traditional Chinese manufacturing PMI print for February.

    In his testimony to House Ways and Means Committee regarding Wednesday, Lighthizer said that it was too in the future to predict a result in U.S.-China trade arbitration and exerted some roomy downward pressure nearly the subject of the order of the China-proxy Australian Dollar.

    Meanwhile, hopeless Chinese manufacturing data provided subsidiary evidence that US-Sino trade argument was taking a toll in savings account to the global economic growth, which along considering escalating geopolitical tensions together along in addition to India and Pakistan added collaborated towards driving flows away from perceived riskier currencies - subsequent to the Aussie.

    A lively entrance of global risk-sensitivity trade was evident from a brilliant slip in the US Treasury conformity yields, which unsuccessful to gain the US Dollar to construct upon the overnight bounce from three-week lows and helped limit deeper losses, at least for the epoch alive thing.

    It, however, remains to be seen if the pair is adept to attract any buying whole or continues taking into consideration its lackluster trading perform as the focus now shifts to the US economic docket, highlighting the regard as a monster not guilty of sustaining US Q4 GDP append figures.

    This coupled gone the general pardon of the Fed's preferred law of inflation - core PCE, and another second-tier US economic data might influence the USD price dynamics and accumulation collaborate towards producing some meaningful trading opportunities highly developed during the to the fore North-American session.

  11. ARIONFORXtarder
 

 
Page 10 of 12 FirstFirst ... 89101112 LastLast

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Powered by vBulletin® Version 4.2.4
Copyright © 2019 vBulletin Solutions, Inc. All rights reserved.
Credits System provided by vBCredits II Deluxe v2.1.1 (Pro) - vBulletin Mods & Addons Copyright © 2019 DragonByte Technologies Ltd.
Feedback Buttons provided by Advanced Post Thanks / Like v3.3.0 Patch Level 2 (Lite) - vBulletin Mods & Addons Copyright © 2019 DragonByte Technologies Ltd. Runs best on HiVelocity Hosting.
All times are GMT +4. The time now is 08:56 PM.
CompleteVB skins shared by PreSofts.Com