• 898 days Will The ECB Continue To Hike Rates?
  • 898 days Forbes: Aramco Remains Largest Company In The Middle East
  • 900 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,300 days Could Crypto Overtake Traditional Investment?
  • 1,304 days Americans Still Quitting Jobs At Record Pace
  • 1,306 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,309 days Is The Dollar Too Strong?
  • 1,310 days Big Tech Disappoints Investors on Earnings Calls
  • 1,311 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,312 days China Is Quietly Trying To Distance Itself From Russia
  • 1,313 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,317 days Crypto Investors Won Big In 2021
  • 1,317 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,318 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,320 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,320 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,324 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,324 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,325 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,327 days Are NFTs About To Take Over Gaming?
What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

readtheticker

readtheticker

readtheticker

We are financial market enthusiasts using methods expressed by the Gann, Hurst and Wyckoff with a few of our own proprietary tools. Readtheticker.com provides online…

Contact Author

  1. Home
  2. Markets
  3. Other

Risk On Traders Just Can't Take Their Eyes Off The Aussie Dollar

Risk on Traders Just Can't Take Their Eyes Off the Aussie Dollar

We think the Aussie dollar (ETF FXA) is back up to levels that will attract sellers. It is due for another punch down. The risk on traders can't stop looking at this chart.

There is maybe one more week of good news to wash out for the bulls, and after next weeks employment report, expect bearish news reports about Greece defaults looming in March. The bulls will cash in easy won pumped up on low volume profits. Keep and eye on the curves of the Aussie dollar, don't look for any intelligent reason for its movements. Watch the curves, the cycles are working!.

Previous post: Australian dollar back for more punishment

FXA

 

Back to homepage

Leave a comment

Leave a comment