Our plan to trade today’s CPI release out of Australia will be to look for opportunities for entry if we get a surprise in this release, here is the current forecast:
9:30pm AU CPI q/q Forecast 1.0% Previous 0.9%
ACTION: AUD/USD BUY 1.2% SELL 0.7%
Trade Plan & Video For AU CPI q/q 07/27/10
July 26, 2010 By 4 Comments
Forex Trading Plan For Australian Employment Change 07/07/10
July 6, 2010 By 2 Comments
Australia Employment Change is similar to U.S. NFP (Nonfarm Payroll) and Canada Employment Change, this is an economic indicator for the Employment Changes in Australia, here’s the forecast:
9:30pm (NY Time) AU Employment Change Forecast 16K Previous 26.9K
AU Unemployment Rate Forecast 5.2% Previous 5.2%
ACTION: AUD/USD BUY 46K SELL -14K
RBA Cash Rate Decision Trading Plan 07/06/10
July 5, 2010 By Leave a Comment
RBA (Reserve Bank of Australia) is expected to hold borrowing costs steady for the second consecutive month in July, as a overwhelming 22 analysts unanimously agree as surveyed by Bloomberg… Here’s forecast:
12:30am (NY Time) AU RBA Cash Rate Decision Forecast 4.5% Previous 4.5%
ACTION: AUD/USD BUY 4.75%
Trading Strategy For Australia Employment Change 06/09/10
June 8, 2010 By 4 Comments
Australia Employment Change is similar to U.S. NFP (Nonfarm Payroll) and Canada Employment Change, here’s the forecast:
9:30pm (NY Time) AU Employment Change Forecast 16K Previous 33.7K
ACTION: AUD/USD BUY 45K SELL -15K
Trading Tips For Australia GDP q/q 06/01/10
May 31, 2010 By Leave a Comment
Australia GDP is a quarterly release similar to the U.S. Advanced GDP or the UK Pre-lim release, but usually there is only one release per quarter. Since this is a quarterly release, it is a high impact release that may change the short term trend of AUD. Here is the forecast:
9:30pm (NY Time) AU GDP q/q Forecast 0.6% Previous 0.9%
ACTION: AUD/USD BUY 0.9% SELL 0.3%
Trading RBA Cash Rate Decision 06/01/10
May 31, 2010 By Leave a Comment
RBA is going to render its interest rate decision today, and it is a high impact release as all currencies are driven by interest rates. RBA is expected to pause its rate tightening policy during today’s decision, here is the forecast:
10:30pm (NY Time) AU RBA Rate Decision Forecast 4.50% Previous 4.50%
ACTION: AUD/USD BUY 4.75% AUD/USD
Trade Plan For Australia CPI q/q 04/27/10
April 26, 2010 By Leave a Comment
Our plan to trade today’s CPI release out of Australia will be twofold. First, we’ll look for a possible pre-buying of AUD ahead of this release during early Asian trading session for a possible sentiment trade; and Second, we will look for opportunities to enter the market if we get a surprise in this release, here is the current forecast:
9:30pm AU CPI q/q Forecast 0.9% Previous 0.5%
ACTION: AUD/USD BUY 1.2% SELL 0.6%
Australia Employment Change 04/07/10
April 6, 2010 By Leave a Comment
9:30pm (NY Time) AU Employment Change Forecast 20.2K Previous 0.4K
ACTION: AUD/USD BUY 50K SELL -10K
We’ll be trading the Australian Employment Change release today as this news release is similar to US Nonfarm Payroll Changes, but for Australia. This release is considered as a high impact report as the job’s market have a direct influence over the entire economy, which in turn affects inflation, and inflation will affect future RBA monetary policy. With RBA on a steady monetary tightening policy, if this release also surprise to the upside, it would be good for AUD and we would be looking to BUY AUD/USD; however, if the release is worse, we should be looking to SELL AUD/USD as AUD may not have enough momentum to remain in demand.
Henry Liu (13)
jay (4)
Ghazali (3)
ahmed k... (2)
Atere O... (2)
John (2)
Adriana (1)
alex wale (1)
christian (1)
Danny (1)
Recent Comments