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Re:AUD/USD (1 viewing) (1) Guest
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TOPIC: Re:AUD/USD
#9084
friend (User)
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Re:AUD/USD 1 Year, 1 Month ago Karma: 0  
funny thing that I just noticed that we have the same username. last 2 posts including this one are mine.
 
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#9091
Sherwin Go (User)
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Re:AUD/USD 1 Year, 1 Month ago Karma: 1  
If AUD breaks substantially strong the 0.8655 mark and the next days it stays below it I might have to cut my AUD. Until it does so I am staying with the AUD.

AUD is a carry trade currency (speculative kind) EUR is not. EUR is a stable major currency and the rate differential of the USD and EUR isn't big enough to warrant a carry trade.
 
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#9175
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Re:AUD/USD 1 Year ago Karma: 0  
0.8655 gave way na. Same boat with you. What is the next support? Where do you get your AUD-USD charts?
 
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#9176
Sherwin Go (User)
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Re:AUD/USD 1 Year ago Karma: 1  
I will give it Monday and Tuesday if it still stays below 0.8655 for those two days then I am calling in na to cut my position. 0.8533 should be the next major support that is the 50% retracement from the August lows.
 
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#9216
Sherwin Go (User)
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Re:AUD/USD 1 Year ago Karma: 1  
And its a good thing I didn't cut my losses cause AUD bounced back is back in business
 
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#9462
Sherwin Go (User)
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Re:AUD/USD 10 Months, 3 Weeks ago Karma: 1  
Mukang its breaking its sideways movement and is poised to retest previous highs near 93 US cents an Aussie Dollar.
 
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