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Currencies Commentaries

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Aussie Dollar: Commercial Trader's Perspective

Aussie Dollar: Commercial Trader's Perspective

The Australian Dollar has declined by more than 18% against the U.S. Dollar over the last six months. These losses accelerated last September once the market fell through $.92 support area. The chart we’ve included focuses on a shorter timeframe as we attempt to determine the quality of April’s rally off the lows. Commercial traders in the Australian Dollar are value players just like...

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Timing the Dollar Index

Timing the Dollar Index

As a broker, I get calls from clients everyday asking me what I think about this market or that market. Given the generic nature of the question, my first response is almost always, “What’s your timeframe?” It always amazes what a stumbling block this can be. The old saying is, “Plan your trade and trade your plan.” This week, we’ll look briefly at the importance of timeframes in trading the...

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