Comments on: AUD/USD: Another topside test favoured in early London

By: Raheem Suleman

Raheem Suleman — Wed, 24 Jul 2013 05:49:59 +0000

“level get taken out at 1.0305 ” ??? Looks like you’re mixing up your aussies with loonies!

By: James

James — Wed, 24 Jul 2013 04:58:38 +0000

Test of the 0.9320 area and rejection had me lighten position looking for lower levels to re-enter. USD showing divergence on some crosses also makes me think some drifting correction is likely. Probably over analysing but conscious of locking in profits before they slip away. Thanks for your insights Sean!

By: Sean Lee

Sean Lee — Wed, 24 Jul 2013 04:46:44 +0000

http://www.youtube.com/watch?v=quyB8PMTD3o 🙂

By: Lam-Son

Lam-Son — Wed, 24 Jul 2013 04:39:51 +0000

For me the 4h chart of AUDUSD has just formed a bearish engulf pattern suggesting to go short.

By: michael

michael — Wed, 24 Jul 2013 04:37:03 +0000

I think it’s bottomed, the 4hr chart shows a nice classic stair case type climb up the trendline. Its definitely buy time.

By: banya

banya — Wed, 24 Jul 2013 04:20:52 +0000

Am long and playing for .9600 with a stop below 90cents,it is the only trade am involved in currently as lady luck kinda abandoned me,hope it doesn’t jinx your posie 🙂 Events at FXBriefs were a reminder how harsh the Markets can be.Gd luck to us.