Comments on: RBA sticks to script; AUD slightly higher

By: Sean Lee

Sean Lee — Tue, 03 Sep 2013 08:40:24 +0000

Hi Tom, yes quite possible I think. It looks very overbought at current levels still and is prone to some modest retracement I would think? Long-term higher but short-term pullback likely imho

By: Sean Lee

Sean Lee — Tue, 03 Sep 2013 08:33:52 +0000

Haven’t really been following GBP/NZD in recent times Jack so can only base off chart, which looks bullish but overbought. I’d wait for big dips there

By: JACK

JACK — Tue, 03 Sep 2013 08:13:18 +0000

hi Sean, noted, have look for that pair, and GBPNZD, the support seen like @ 1.979
thanks

By: Tom

Tom — Tue, 03 Sep 2013 08:12:59 +0000

Hi Sean, can we expect a fall towards 1.687 for GBPAUD after the election?

By: Sean Lee

Sean Lee — Tue, 03 Sep 2013 07:56:24 +0000

Hi Jack, I think 14350/15000 consolidation in coming weeks but prefer buy-dip bias for test of 155/157 maybe by Christmas. Maybe post-election bump for AUD may be perfect buy opp for EUR/AUD (but I much prefer GBP/AUD as buy opp)

By: JACK

JACK — Tue, 03 Sep 2013 05:42:08 +0000

hi Sean good day, may I ask what your current view to EURAUD, after rejection from 1.50, it been fall till 1.46, are you looking this pair as buy dips in medium term or you think that it may start trade a bit lower from this lvl already? the weekly pin bar may me think that we may see a bit lower, and based on your analysis saying that the coming election may face the short covering, so should support AUD from here?
Thanks