Aussie/Kiwi spread: Cancel the Buy Order For Now

Australian Dollar/New Zealand Dollar Spread

About two months ago, the Australian dollar/New Zealand dollar spread reversed off of a fifteen-year low and closed above the declining 50-day Moving Average for the first time since early November. 155 more words

Spread Trade

Charts and Trading ideas for Monday - June 22, 2015

Everything points to a rollercoaster week. Some will win, a lot will lose (usually how it works out in rollercoaster weeks). Let’s see if we can stay in the #winning side. 697 more words


Friday Charts - June 19th, 2015

This USD Dollar Index master chart is from a few days ago but it’s my most important chart right now. I carry it under my arm. 259 more words

Euro Dollar

Three things that could trigger a house price crash: interest rates, unemployment, the dollar

Bubble has replaced boom as the major descriptor for Australian house prices in the past week, but those betting on a sudden pop may be disappointed. 773 more words

Luke Sommen

Charts from June 1st and 2nd, 2015

Here are some of the charts and setups that I posted on Twitter Monday and Tuesday. Putting them here for record and review. What matters is not each individual trade but rather the process/technique/rationale on the trades. 174 more words


Oh the Aussie. That .7500 just won't break.

The last time I wrote about the Aussie, it was at the .8000 level. Right before that, I had a massive trade from the .7880s/.7910s zone that went up to the mid .8100 handle. 750 more words


The Australian dollar continues to drift lower as last week’s much worse-than-expected private business capital expenditure figure weighs on the currency.

At 9am (AEST) on Monday, the local unit was trading at US76.39c, down from US76.53c on Friday.

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