Is it time now? Look at AUD/USD uhm..

December 15, 2007 – 8:06 am

So what happen to Aussie dollar pair now? Let’s have a look. Urgh….a little bit ugly, isn’t it? We have a little small box with rather negative bias at moment. I mean, it is very likely to break out to the down side. uhm….

Here is the …….daily CHART!

And let’s go into 3-hour chart to have a look. Urgh…uglier…LOL….man, the kangaroo is jumping to the wrong side. As mentioned in my comment, I am practicing ‘wait-and-see’ approach for AUD/USD pair at the moment.

Here your favorite…… CHART!

From the desk of Tradergav.com


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    4 Comments »

    Comment by Tom Subscribed to comments via email
    2007-12-16 09:57:11

    Yeah the AUDUSD chart looks ugly but my guess is that we’ll see parity next year in this currency pair.

    Comment by Gav Subscribed to comments via email
    2007-12-16 10:00:21

    ditto. I am waiting for parity in the coming year as well. Commodity currencies are still my favorite for the coming year. -)

     
     
    Comment by MerDuriaN
    2007-12-19 04:32:31

    aiks… AUD increasing because many Malasyian going there for an investment. I’m so happy that USD currencies decreased because I might going there for my further studies D
    really happy to see the second graph

    Comment by Gav Subscribed to comments via email
    2007-12-19 10:32:36

    Very interesting comment from a young lady. -)
    AUD is a commodity currency. uhm…I don’t think it has anything to do with malaysians going to aussie though….

    Have a Merry christmas.

     
     
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