Happy Corner: Aussie (AUD) pairs

[GazzaFx]

Is the AUD really going up, or is the USD going down?

“The Australian dollar hit a three-week high against the greenback on Monday, propelled higher by growing expectations that the US Federal Reserve will cut official interest rates this year, potentially as soon as next month. The Aussie’s rally came despite widespread expectations that the Reserve Bank of Australia (RBA) will cut Australia’s cash rate for the first time since August 2016 on Tuesday.”, Business Insider.

[Trendswithbenefits]

The USD has been weak over the last few days, with a huge comeback in the last hour…

The excitement all started on the New York Open on Friday evening… Looks like it’s been pushed up so they can run it back down?? Check out the USD rally yet the price has only slightly moved down…

Markets seem to know something… The rest of us will know at 2:30pm (Below AUDUSD 1 Hour)

Currency Strengths Gold - AUD | Blue - USD (White Line - WMA200)

[GazzaFx]

Have been watching Gold, and it looks like the AUD-Gold correlation is back in play:

[GazzaFx]

Watch out for the release of Retail Sales data at 11:30am AEST today. NAB shows online sales, which are predominantly discretionary in nature, have taken a significant nosedive.

[GazzaFx]

Is that a divergence in the AUDUSD H1 chart?

I’m prepared to take a tiny punt on this one. Short 0.01 lots!

[nu_bee]

AUDUSD to resume its downtrend to 0.6898. USD numbers are looking good, AUD isn’t.

[DamilolaTayo]

Can someone please explain to me why I’m seeing 'invalid S/L ot T/P here??

[nu_bee]

The values you put for Stop loss (SL) or Take profit (TP) is wrong. Look carefully at your order I am sure you’ll see the mistake.

What you entered is for a long order, you may have clicked sell.

[DamilolaTayo]

I’ve checked over and over again. And it actually is for a long order. I even clicked on ‘sell’ after clicking on ‘buy’ repeatedly and getting the same answer and I still got the same invalid response

[1odi]

bad internet connection or market hrs if the nrs u put there are correct

[DamilolaTayo]

I kept trying till it finally went through. Apparently, my S/L wasn’t far enough from my T/P. Lol. Thank you @nu_bee and @1odi for your helpful contributions

[1odi]

no worries, stay green

[Alekxandra]

It seems that the trend down AUD / USDD continues. If this week ends like this, breaking through the low of the previous week, then I’m sure I need to sell. Stochastic moves up and the price falls. This is also a bear pattern.
Weekly

[PipTraker]

Whats your take on Aussie bad report and speech the chairman is bringing the pair to its support…Can the bulls take over soon cos the pair has been oversold…

[Alekxandra]

I’m waiting for AUD / USD at the level of the Tenkan line, at 0.6860. Stochastic is almost charged for long. I hope the pair will not fail much below the level.
Н4

[Kamajafx]

I’ve kept my long position at 0.6929. With G20 meeting maybe Trump and Xi will send the aussie up.

[Alekxandra]

AUD / USD has been moving up for a long time, almost without kickbacks. Now the price is close to the level of the SSB, the upper border of the Ishimoku cloud, and can be beat down from it. Especially since stochastics and rsi are overbought.
Daily

[Raymondmaxwell]

i needed a mentor to help me through few steps to start up my trading.

[jjdenver]

I have 2 open positions on AUDUSD both slightly negative right now. I’m trying to figure out where to set SL for trade resumption on Sunday: just below current price to jump out? Or at some lower SL. Any thoughts/advice?

[tommor]

I’m no AUD specialist, I take positions on all the important currency pairs so if the AUD pairs are trending I’m going to be in there.

The nice thing is its highly speculative. So it won’t just be going the other way to CHF and JPY, it will be going the other way with real energy. Few large players will want to be seriously accumulating AUD whilst doing the same with CHF and JPY.

Which is why I often find AUD/USD disappointing in trending terms. AUD/NZD is hardly ever one of my best set-ups (I am on a win rate of just 5 out of 13 on this over the last 3 months) though I can’t bring myself to delete it from the target list.

Right now I am short AUD/CAD and AUD/JPY, I have pending sell orders on AUD/CHF and AUD/USD and a pending buy order on EUR/AUD. Hoping for a happy week starting Monday.