Comments on: AUD/USD: Short-term resistance levels looming https://fxww.com/audusd-short-term-resistance-levels-looming/ The Professional Source Thu, 30 May 2013 06:06:25 +0000 hourly 1 By: Brijesh https://fxww.com/audusd-short-term-resistance-levels-looming/#comment-21356 Thu, 30 May 2013 06:06:25 +0000 http://381c099c8f.nxcli.net/?p=8081#comment-21356 I am so lost for a theme in the market right now. It vaguely resembles the ‘much reviled and now buried’ Risk-off theme. USD is weakening, JPY strenghtening probably on IR differentials, Aussie cracked but Kiwi holding better! Euro is still at Cyprus levels despite continuously weak sentiment, data and FED taper talk.

Frankly, just lost here for want of a theme for these moves. It helps the story, and haphazard moves have much more risk.

]]> By: SergaNet https://fxww.com/audusd-short-term-resistance-levels-looming/#comment-21350 Thu, 30 May 2013 05:20:32 +0000 http://381c099c8f.nxcli.net/?p=8081#comment-21350 Greetings, Sean! COT – speculators occupy a net short position on the Aussie, which itself was the first time since June 2012, and the level positions they record since 1993. Reports from a week ago of course. I had bought 9552 and hold long Sean, good luck to you!

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