AUD.USD

[zyreon]

caught BBCs asia business report before, they had a guy on the phone from some australian firm suggesting this week will continue the fall of AUD and EUR vs USD.

when pressed he gave estimates of 1.15-1.16 for the euro and 113 or something for the yen

cited various strengths in US economy etc etc and upbeat outlooks as well as data at end of this week e.g. payrolls. also mentioned the breach of psychological levels in the exchange rates

they usually repeat their shows quite often verbatim...

[arco]

Yeah, he got those 115 Eur estimates off my
ST EUR post

AUD looks pretty over cooked at 7383 and could
be ready for a rest. The battle through 3 Gann
divisions was tiring and there could be a wee
move north to collect stragglers before the
strong march south continues.

IMVHO

[Xerof]

from our global-view guru, the expected defences at 7447 were lowered, in partial deference to strong momentum, to 7409, with more at 7385. You're right Arco, a re-grouping to slightly higher plateau is occuring before the strike recommences.

Could be quite choppy for a few days as the Titans battle amongst themselves - plenty of scope for pip raiders to nip heels at each end of a 7405/7465 range?

Xerof

[arco]

Xerof

Is there anyone else on GV
that posts reliable info ?

arco

[Xerof]

Arco, I find Gold Coast Martin is by far the most reliable in terms of levels, direction and timing. The vast bulk of posters are pip raiders/day traders if that rattles your cage.

There are a few other genuine posters who can add scent to the pot pourri

Peat may like to add his comments to this.

regards

Xerof

[arco]

Thanks Xerof

"vast bulk of posters are pip raiders/day traders"

The main reason why I don't participate - cant
be bothered with scalping 1 or 2 pips at a time.....
........too frustrating

I have to say I find it strange that a guy like
GCM would even bother to post. Unless he works
on his own and feels the need of companionship.

arco

[Xerof]

Much as I hate to admit it, I took further advantage of the seismic pulse in London last evening and tipped out a sliver of AUD at 7450


Xerof

[Xerof]

WOW, just noticed I have another sheriffs badge, and have joined the geriatrics

[arco]

Congratulations Sherroff Xerof.....

Your target is to become a LEG-END...(5000)
now that will be something to shout about

[slam]

AUD looking at new lows
But on the 2hour and less charts, the oscillator doesn’t agree
Anyone else see that? or have I been up to long[|)]

Cheers slam