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AUD/USD-Continues downtrend !

Metal_Mind Posted 29 Mar. as Analysis on AUD/USD, Target: 0.7483, Date: 1st of May, 12:00 GMT  in #Technical analysis #USD #AUD/USD #Aussie #Rba #Cash #Rate #Downtrend #Exchange #Monetary
  • Charts: 4 H,1 Day
  • Elements used: CCI , Support & Resistance
  • Current Level : 0.7740
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Metal_Mind 14 Apr.

UPDATE 1: The us dollar lost some in value as expected  reaching a low of 0.7530 from the 0.7740 level at the time i posted the analysis.The prediction is looking good and set into the right direction.

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Metal_Mind 18 Apr.

UPDATE  2: The pair rebounded  fast after its sell off  and now is again trading at 0.77 level.I would personally take into account recent fundamentals and think the RBA will intervene to send the exchange rate lower in order to gain some competitive advance and recoup the loses from the recent  iron ore devaluation. That been said if the rate goes lower there is a high possibility to reach my target.

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So exactly where does China spend its cash?

annatimone Posted 14 Oct.  in #Miss Dukascopy 2013 #UK #Trading #China #Cash #Osborne #Mandarin #Spending
In the wake of UK fin min Osborne announcing easier terms (and visas) for the Chinese to spend their money in the UK the BBC have produced this handy at-a-glance guide of who, and what, we’re up against.
No surprises really but just another reason to be brushing up on some Mandarin.
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mag avatar
mag 14 Oct.

1,351 M of population is 19,1% of the Wolrd

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