Comments on: Month-end flows will drive markets today and tomorrow https://fxww.com/month-end-flows-will-drive-markets-today-and-tomorrow/ The Professional Source Thu, 30 May 2013 08:55:20 +0000 hourly 1 By: Steven https://fxww.com/month-end-flows-will-drive-markets-today-and-tomorrow/#comment-21364 Thu, 30 May 2013 08:55:20 +0000 http://381c099c8f.nxcli.net/?p=8088#comment-21364 hmmm is this just a state of the market or me not understanding what I am reading..

This post states there is a chance the AU will be low (based on the selling statement)..

but this post;
AUD/USD: Short-term resistance levels looming

indicates there is a resistance point in the .96 range and it is currently at .9665.

The month end idea of the sell of has the potential to break through the resistance line and drive it lower, if this is the case would you expect it to bounce back from this to the resistance point and then head towards a new resistance point as per what the other blog indicated..

ok waffle over!

Cheers

S.

]]> By: mike https://fxww.com/month-end-flows-will-drive-markets-today-and-tomorrow/#comment-21363 Thu, 30 May 2013 08:12:31 +0000 http://381c099c8f.nxcli.net/?p=8088#comment-21363 thanks for the head up.

]]> By: Sean Lee https://fxww.com/month-end-flows-will-drive-markets-today-and-tomorrow/#comment-21362 Thu, 30 May 2013 07:40:46 +0000 http://381c099c8f.nxcli.net/?p=8088#comment-21362 That’s the theory Lio, EU up, AJ down, not sure about other flows

]]> By: Lio https://fxww.com/month-end-flows-will-drive-markets-today-and-tomorrow/#comment-21361 Thu, 30 May 2013 07:28:50 +0000 http://381c099c8f.nxcli.net/?p=8088#comment-21361 Means :
– EU/GU up
– ECHF/UCHF (swiss safe heaven overdone and weak is back again)
– AU/AJ down

Something like that ?

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