Australia Focus : So Much For A Hard Landing
The AUD charts look bad, bad, bad so its time to do some remembering. At 6 year lows, I feel a stab of pain recollecting “My personal experience back in 2008 was a… Continue reading
The AUD charts look bad, bad, bad so its time to do some remembering. At 6 year lows, I feel a stab of pain recollecting “My personal experience back in 2008 was a… Continue reading
This week has been about the mystery of the AUDUSD low in Monday’s flash crash that was so sharp that charts cannot even agree on a low-point when it “dived US2c in the… Continue reading
Ugly commodity headlines as usual. Oil’s Slump Claims Another Casualty as Santos CEO Steps Down Origin Energy swings to a loss following writedowns, warns of falling oil prices But nothing can match… Continue reading
I admit, I am not the sports fan to sit patiently through a televised game but I do like to follow the headlines and so we Australia keeping their hopes alive for winning… Continue reading
Yes, we know that the Koala is a BEAR but at least investors are having second thoughts this week as far as the AUDUSD is concerned anyway. We are closing on a gravestone… Continue reading
It has not been a good week for Australian sports, with the first test of the Ashes looking quite out of reach and Nick Kyrgios bowing out of the Wimbledon in disgrace, amid… Continue reading
A last minute rally saved the week to give us the benign ending that masked the trials and tribulations in between. The action revolved around the slew of positive economic data, central bank… Continue reading
We are pretty close to the 6 year low of 0.7533 set on 3 April in the AUDUSD despite closing the week relatively unchanged and shorts are building up again as the RBA… Continue reading
The AUDUSD continues to track Mount Everest for the month of May and we are right down to the base camp level now (and I still cannot believe Dark Knight called the high… Continue reading
If you were scratching your head last week watching AUDUSD price action, keep scratching and say Fiddlesticks ! Many a trader died trading the AUD this week. It was the AUDNZD gangster pair… Continue reading