Wednesday, August 12, 2015

AUDUSD Trading Strategy As At August 12, 2015


Was the AUDUSD damaged by the devaluation of the Yuan?

Lets have a look first at the chart. You can see that this pair has moved up a long way from the low of the day and is now trading at close to the high of the day, and higher than it was a few days ago.


                                                      DaveM-0027
                                                                  
Here are some comments from earlier in the day.

AUD/USD Technical Analysis: Aussie Dips to Six-Year Low - DailyFX
 Wed, 12 Aug 2015 08:59:21 GMT
DailyFXAUD/USD Technical Analysis: Aussie Dips to Six-Year LowDailyFXThe Australian Dollar dipped to the lowest level in over six years in the wake of China's second Yuan devaluation in two days. Near-term support is at 0.7219, the 23.6% Fibonacci ex ...
Read more ...


AUDUSD orders 12 August - ForexLive
 Wed, 12 Aug 2015 08:02:43 GMT
AUDUSD orders 12 AugustForexLiveAll the biggest trading floors in the world have screens locked on ForexLive™. We provide real-time forex news and analysis at the highest level while making it accessible for less-experienced traders.and moreļ¾ »
Read more ...


AUD/USD Daily Outlook - Action Forex
Wed, 12 Aug 2015 06:57:00 GMT
AUD/USD Daily OutlookAction ForexAUD/USD's sharp decline and break of 0.7233 support confirms down trend resumption. Intraday bias is back on the downside for long term retracement level at 0.7182 next. Break will target 61.8% projection of 0.9504 to ...
Read more ...


PBOC's Decision Vital to Next AUD/USD, USD/JPY Moves - Forex Market (blog)
http://news.google.com Wed, 12 Aug 2015 06:20:11 GMT
PBOC's Decision Vital to Next AUD/USD, USD/JPY MovesForex Market (blog)The People's Bank of China's decision to loosen the USDCNY trading band last night will have far-reaching implications. Look no further than the fact that the PBOC released an exp ...
Read more ...


Intraday Outlooks For EUR/USD, USD/CNH, EUR/GBP, AUD/USD - SEB - eFXnews
http://news.google.com Wed, 12 Aug 2015 07:22:00 GMT
Investing.comIntraday Outlooks For EUR/USD, USD/CNH, EUR/GBP, AUD/USD - SEBeFXnewsAUD/USD: Poor follow through at a new low. Again the pair was rejected from the 2001 trend line and this time also by creating a bearish key day reversal suggesting tha ...
Read more ...


AUD/USD Short-Term Elliott Wave Analysis: August 12, 2015 - Investing.com
http://news.google.com Wed, 12 Aug 2015 06:55:26 GMT
Investing.comAUD/USD Short-Term Elliott Wave Analysis: August 12, 2015Investing.comRally to 0.7439 ended wave (X). Wave ((w)) decline from this level and is unfolding in a zigzag structure, where wave (a) ended at 0.73, wave (b) ended at 0.7356, and ...
Read more ...


AUD/USD Fundamental Analysis – August 13, 2015 – Forecast - FX Empire
http://news.google.com Wed, 12 Aug 2015 04:12:49 GMT
FX EmpireAUD/USD Fundamental Analysis – August 13, 2015 – ForecastFX EmpireThe AUD/USD tumbled 51 points to its lowest level in years as China weighs heavily on the export commodity along with the devaluation of the yuan. This morning Westpac consume ...
Read more ...


























No comments:

Post a Comment