Tuesday, 6 August 2013

Austraila Dollars short term strength after interest rate cut by 2.5%

Dear Friends,

The long term trend of Aussie Dollar has been weak. But with today's government announcement of an interest rate cut, we feel this might be one of the swing trade play we could employ.

For long term play, we have to be a bit careful as Aussie Dollar is a trending currency. I would like to see a trend change before I hold long term.

So to me, this is a short term play driven by fundamental interest rate cut. Today after bouncing off our CRS system supporting line (see chart), it has been bullish. Short term downtrend may have halted.

Rgds
Daniel
www.danielloh.com

958访谈 2018年7月26日:欧美贸易战美国胜利驶到股市大涨!买什么?

·         欧美贸易战美国胜利驶到股市大涨! 道琼斯昨晚闭市在 25414 点,涨了 172 点。 一个月前我们曾经在节目中有说过,道指在 24100 点的时候大家一定要投资,是捡便宜的机会。果然,道指从当时候从 24100 点已经跑了 1300 点。 ...