FX:AUDUSD   Australian Dollar/U.S. Dollar
134 5 2
Bounce or not
Not surprise to see a "momentarily" price below the channel support ~0.82000
Reply
I think a bounce coming at least to 0.853. The Australian central bank chief Glenn Stevens says the local dollar is likely to drop toward 75 U.S. cents. The currency’s best forecaster agrees. HSBC Holdings Plc sees the Aussie sliding to 78 cents by the end of 2015, the weakest since 2009, from 82.75 at 5 p.m. Dec. 12 in Sydney, as cooling growth in China weighs on prices for Australia’s biggest resource exports.
Reply
jangseohee Nica521
They can say whatever they want, but i follow the channel with some cushion for surprises especially around the upper and lower trendline.
Currently AUD is in this mid-term downtrend line, which is why EURAUD is shooting up like MAD
Sound like we are back to 1998, Currency War again :-)
+1 Reply
Probably a bounce incoming.
Reply
jangseohee IvanLabrie
Soon but i anticipate a spike down first
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out