Aud/usd

What do we think about the AUD/USD?

I opened a Short Trade at 7325.7, currently stands at approx. 7500.00 - So took a bit of a loss. I took this chart from Autochartist website which shows a 15m interval chart:



Not looking like I will be banking anything from this trade any time soon!

Aud/usd

Review: Volume levels for EUR/USD, GBP/USD, CAD/USD, AUD/USD

Hi guys
I want to show how you can trade volumetric analysis for currencies pairs. It's sound some strange, but spot market of currencies is not regulated. So we can exactly know about volumes and trades. But there are CME group (Chicago Mercantile Exchange) where are trading futures on currencies. And because CME reports to regulators we can exactly know about volumes and price behavior. Despite that global spot market is much bigger, price of futures have big influence on spot market. Correlation between price on spot market and futures is very high and close to 100% (but certainly not 100%). Below I will publish volumes level and market overview and you can decide how it works. Sorry for my English it's not my native language.

Review: Volume levels for EUR/USD, GBP/USD, CAD/USD, AUD/USD