FOREX - Trends, Forecasts and Implications (Episode 17: July 2012) - page 238

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What do you think?
What's coming up KU-3
Fed Chairman Ben Bernanke will address the US Congress on Tuesday and Wednesday.
Westpac analysts recall that so far the Fed chief has limited himself to vague wording that the regulator is prepared to take any monetary action if necessary. If the Fed chief does not announce that easing is inevitable, the demand for risky currencies will fall: in that case experts recommend selling AUD/USD. On the other hand, if Bernanke hints at the possibility of new easing, the Aussie should be bought.
Westpac forecasts that the first variant is more likely: most likely, the Fed would rather wait for new unemployment data and news from Greece. Hence strategists recommend to sell AUD/USD at $1.0250, aiming for $1.0100 and with a stop at $1.0330.
Well, if that's the way you want it - where the people go, the freak goes...
It's dangerous - you could get into trouble.
It's dangerous - you could get into trouble.
What will KU-3 be
Thank you.
This is dangerous - you could get into trouble.
Mishka's plans on 17.07. (m1 forecast but you can see the whole picture on m15)
Ishim ,what volume do you work with, since you put it up so often?
0001
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