AUD shorts are at extreme levels, OS investors very pessimistic on Aus

Discussion in 'Currencies' started by SpacePete, Sep 15, 2015.

  1. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    The AUD spike may be short lived. A convergence of negative factors may soon drive it down again.

     
  2. aleks

    aleks Well-Known Member Silver Stacker

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    Sounds like its time for a rally then
     
  3. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    Question is: how long would a rally last?
     
  4. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

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    Major resistance at 72 and 75 cents. Sell on a bearish candle if it can't break through
     
  5. aleks

    aleks Well-Known Member Silver Stacker

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    don't be surprised if we get a retracement from this small rally we've had and dumb money keeps shorting it on the way down and then we get a decent rally
     
  6. aleks

    aleks Well-Known Member Silver Stacker

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  7. aleks

    aleks Well-Known Member Silver Stacker

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    Rest in peace shorts
     
  8. HudsonDesign

    HudsonDesign Active Member Silver Stacker

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    Shorting all over the various markets really. The whole energy sector debacle was mesmerizing to watch. Santos shares were more than 10% shorted! And have since gained back more than 20% of the bottom price in a matter of 2 days really.....

    Just astounding to watch
     
  9. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    The shorts are tattered :( Sorry shorts.
     
  10. aleks

    aleks Well-Known Member Silver Stacker

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    next important levels I think are 0.7420 then 0.7600 to 0.7620, lets see where the market closes for the weekend
     
  11. aleks

    aleks Well-Known Member Silver Stacker

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    Latest from Billy Meier's subscription service is saying AUD is looking to go higher
     

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