Aud/usd

Discussion in 'Forex' started by BigFunky, Mar 6, 2006.

  1. aussie at 8050 atm?
     
    #161     Dec 25, 2006
  2. Chood

    Chood

    No. I believe you'll see 7851 & lower cash.
     
    #162     Dec 25, 2006
  3. safire25

    safire25

    Same here, with North Finance AU went up to approx 8055

    Is this a data feed error on their behalf?

    If so, Maybe I can chase this up with them as it hit two of my stop losses set at .7999 lost $942
     
    #163     Dec 25, 2006
  4. Chood

    Chood

    Market wants to run at .7800 in Aussie front-month future. If 7800 breached, I'll add to the Aussie long position I began prior to BOJ annoucement. As a precaution, in view of holiday trading, I'll stretch my stop a bit, by about 20 percent to approx. 7706-10.
     
    #164     Dec 26, 2006
  5. Chood

    Chood

    Geez, me and my pea shooter have scared off the Aussie bears -- future bouncing off 7800.
     
    #165     Dec 26, 2006
  6. Chood

    Chood

    Strap it on, combat joined: long Aussie future under .7800.
     
    #166     Dec 26, 2006
  7. Chood

    Chood

    Now in HP territory, long twelve AUS near month futures, avg in .7803. Avg is plus 7800 because of two added at .7834 last week, after BOJ annoucement. HP = high pucker.

     
    #167     Dec 26, 2006
  8. Chood

    Chood

    Bleeding some hard-won equity. Standing pat, though. Reasons? Consider Australian equities, mining stocks included, which reflect strength in coal, oil, and base metals. That strength is an implied, substantial bid in Aussie. Should hold up for the currency unless US treasury yields steadily rise.
     
    #168     Dec 27, 2006
  9. Chood

    Chood

    Thursday's early action in Aussie stocks may account for present bid in the Aussie dollar:

    Dec. 28 (Bloomberg) -- Australian shares advanced, led by BHP Billiton and Rio Tinto Group, after prices of metals including copper gained.

    The S&P/ASX 200 Index rose 20.40, or 0.4 percent, to 5663.60 as of 10:13 a.m. in Sydney. About two stocks rose for each that fell.
     
    #169     Dec 27, 2006
  10. Nice catch.
     
    #170     Dec 28, 2006