BOAFX

EUR/AUD short position

FX:EURAUD   Euro Fx/Australian Dollar
Learn 2 trade like a pro http://boafx.com - After the strength shown overnight in the AUD and the overall weakness caused by QE             on the Euro             I have been monitoring this overvalued currency for sometime. On the daily chart there is a nice engulfing pattern indicating a change in trend and the long term fundamentals on the AUD could be at a pivitol point. I also have reaon to believe that the Chinese stock market could be on the vrge of turning bullish which will will also support the AUD. With the higher yield of the AUD we can also use this as a carry trade and hold it for some time .
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out