THE VULCAN REPORT
Review of Australian Dollar FOREX (AUD/USD)
as of Friday, July 16, 2010
Today's Price Action
Change -1.4500 (-1.64%)
Weak Bids into the close.
MARKET SENTIMENT
PulseScan Swing Vix
PulseScan: 39.77
Swing Vix: 40.47
The Market Pulse is positive since it is trading above its zero signal line.The PulseScan crossed below the Swing Vix creating a DOWN Trend Channel as of 0 period(s) ago. This means that negative momentum has entered the market. Expect sideways to lower prices within the next 3-5 days
A buy or sell signal is generated when the Swing Vix moves out of an overbought/oversold area.
The last signal was a Over-Bought Sell 16 period(s) Ago.
The Swing Vix does not currently show any Failure Swings.The Swing Vix and price are not diverging.
Since the last Swing Vix signal, Australian Dollar FOREX's price has been unchanged, and has ranged from a high of 88.4400 to a low of 86.8100.
MOMENTUM
MARKET TREND - Currently the TREND is - The UpTrend is still entact with prices holding above trendline support at- 87.3650.
TREND STRENGTH - WEAK - RANGE BOUND (Prices have ceased trending and have become consolidated at this time) The market has put in a short term top. This means that the bulls are liquidating long positions thus taking some profit off the table.
TRENDLINE RETRACEMENT
The close is currently Above it's Long Term TRENDLINE RETRACEMENT. - 87.3650
The close is currently Above it's Intermediate Term TRENDLINE RETRACEMENT. - 86.9576
The close is currently Above it's Short Term TRENDLINE RETRACEMENT. - 87.2445
INTRADAY PRICE PROJECTIONS
RESISTANCE 88.0732
SUPPORT 87.1768
WEEKLY PRICE PROJECTIONS
RESISTANCE 88.7000
SUPPORT 83.1600
MONTHLY PRICE PROJECTIONS
BULL MARKET UPTREND - (12-18mo) PRICE TARGET = 107.4800
Long term Trend Line resistance is currently at - 94.0700
Long term Trend Line support is currently at - 87.3650
BULL MARKET HYPER PARABOLIC CIRCUIT BREAKERS
BUBBLE PHASE 3 - (72mo+) (TULIP CRAZE CRASH IMMANENT) PRICE TARGET = 147.7100
BUBBLE PHASE 2 - (42-60mo) (MARKET FRENZY BUYING) PRICE TARGET = 134.3000
BUBBLE PHASE I - (24-36mo) PRICE TARGET = 120.8900
VOLATILITY
On 7/16/2010, Australian Dollar FOREX closed
below the upper band by 43.9%.
This combined with the steep uptrend suggests that the upward trend in prices has a good chance of continuing. However, a short-term pull-back inside the bands is likely.
IN PLAY
BULL MARKET LONG/SHORT Signals :
THIS SECURITY IS NOT IN PLAY AT THIS TIME!
BEAR MARKET LONG/SHORT Signals :
THIS SECURITY IS NOT IN PLAY AT THIS TIME!
This commentary is not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. The Vulcan Report accepts no liability whatsoever for any loss arising from any use of this expert or its contents.liability whatsoever for any loss arising from any use of this expert or its contents.
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Showing posts with label aud/usd. Show all posts
Showing posts with label aud/usd. Show all posts
Monday, July 19, 2010
Monday, November 30, 2009
Warnings The U.S. Monetary System is in REAL trouble!
*
Warnings The U.S. Monetary System is in REAL trouble!
With the stock market hitting new highs and then retreating the question that remains.....is this a real bull market??
The short answer is NO! Make no mistake that this current market environment is being controlled and manipulated by Goldman sachs, JP Morgan, Congress and the Wall Street elite. With the TARP funds being easily distributed without constraints and bailout after bailout after bailout of Wall Street, banks and the auto industry you can expect to see a run up in stocks as companies fuse layoffs and cuts backs into profits even though companies are not selling a thing. While masses of people are being layed off and entire industries fading away never to return the future looks extremely dark for Americans. I expect a total economic collapse including the death of the dollar along with civil uprising and marshall law. With a total breakdown of society I expect a New gov't to emerge. I expect to see the U.N. come to the rescue as they run the country. Expect to see U.N. vehicles riding down U.S. streets. Expect to see black ops type technologies being unveiled to the people in attempt to control the masses. UFO vehicles will be common place. Space age type weapons will be used daily to calm and sedate the masses. Extreme show of force and demonizing the Resistance. Amazing things are to come MOST of which will not be believable if I told you. One inportant thing to mention is nationwide starvation with millions unemployed and daily riots and uncontrollable crime in the inner cities.Abandoned buildings and neighborhoods. Discusting streets filled with trash and feces since sanitation is non existance. The U.S. will become unrecognizable within a short period of time. This is what collapse looks like. I hope that I'm wrong. I hope that I'm dreaming all this stuff up. I hope I'm discredited by a recovery that includes jobs and improved standard of living conditions for those that have lost job and have lost everything.
NOTE: Crude Oil, AUD/USD and EUR/USD are following the SPY perfectly. Likewise the USD/JPY and USD/CHF are following the Dollar index. However, don't always count on these correllations because from time to time they come unglued and can ALL rise or fall together. The TLT i.e. Bond/Treasuries can rise or fall with the Dollar which can also move in the same direction with the stock market which can move in the same direction as gold and oil. YES ..........GOLD, OIL, DOLLAR, SPY, BONDS etc etc etc can ALL move in the same direction at the same time on the same day. It HAS happened before and IT will happen again. I expect All to collapse simultaneously in the near future.
Tags: SPY, OIH, MARKET MELTDOWN
TODAY'S CHART
Current Track Record
Warnings The U.S. Monetary System is in REAL trouble!
With the stock market hitting new highs and then retreating the question that remains.....is this a real bull market??
The short answer is NO! Make no mistake that this current market environment is being controlled and manipulated by Goldman sachs, JP Morgan, Congress and the Wall Street elite. With the TARP funds being easily distributed without constraints and bailout after bailout after bailout of Wall Street, banks and the auto industry you can expect to see a run up in stocks as companies fuse layoffs and cuts backs into profits even though companies are not selling a thing. While masses of people are being layed off and entire industries fading away never to return the future looks extremely dark for Americans. I expect a total economic collapse including the death of the dollar along with civil uprising and marshall law. With a total breakdown of society I expect a New gov't to emerge. I expect to see the U.N. come to the rescue as they run the country. Expect to see U.N. vehicles riding down U.S. streets. Expect to see black ops type technologies being unveiled to the people in attempt to control the masses. UFO vehicles will be common place. Space age type weapons will be used daily to calm and sedate the masses. Extreme show of force and demonizing the Resistance. Amazing things are to come MOST of which will not be believable if I told you. One inportant thing to mention is nationwide starvation with millions unemployed and daily riots and uncontrollable crime in the inner cities.Abandoned buildings and neighborhoods. Discusting streets filled with trash and feces since sanitation is non existance. The U.S. will become unrecognizable within a short period of time. This is what collapse looks like. I hope that I'm wrong. I hope that I'm dreaming all this stuff up. I hope I'm discredited by a recovery that includes jobs and improved standard of living conditions for those that have lost job and have lost everything.
NOTE: Crude Oil, AUD/USD and EUR/USD are following the SPY perfectly. Likewise the USD/JPY and USD/CHF are following the Dollar index. However, don't always count on these correllations because from time to time they come unglued and can ALL rise or fall together. The TLT i.e. Bond/Treasuries can rise or fall with the Dollar which can also move in the same direction with the stock market which can move in the same direction as gold and oil. YES ..........GOLD, OIL, DOLLAR, SPY, BONDS etc etc etc can ALL move in the same direction at the same time on the same day. It HAS happened before and IT will happen again. I expect All to collapse simultaneously in the near future.
Tags: SPY, OIH, MARKET MELTDOWN
TODAY'S CHART
Current Track Record
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