AUD: Goldman Sachs and Blackrock report overwhelming bearish conviction

Two of the more recognised names in the financial space are saying that basically 100% of everyone they deal with is bearish AUD, but not all are short yet.

Tells me that we will have a few more down sessions before the inevitable short-squeeze!

Looks pretty steady at .9510 in early Europe but should get a lot busier around the time of the NFP. I still fancy a .9400/.9750 holding range.

  1. Come on board the long side Sean , would make for a nice 1 year celebration since the bottom in June 2012, almost the same strong bearish conviction and same levels.
    By the way , i signed up for an account but never actually received the login details and password , can i pleasee have one 🙂

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