Eco data and RBA coming up in the Asian timezone today


AUD/USD ... buyers at the figure holding still ... looks heavy to me though. We'll see

  • Sellers 0.7235/40
  • Buyers 0.7200, stops building below here and below 0.7190. Buyers again 0.7170 down through 0.7150

Currently 0.7211



  • Sellers 0.6740/50
  • Buyers just under 0.6700 then again 0.6650 and 0.6675

Currently 0.6709


ps ... I have written this before but I like to rehash it from time-to-time:

... these market orderboards convey where there are clusters of orders in the market. There are orders at pretty much every tick in the market (round numbers, despite everyone knowing better, are particularly attractive), there's always (not always, most mostly) interest pretty much everywhere, always a bid, an offer, a stop, and so on ... so what you are looking at here is where the clusters are. It isn't complete, it can't be. Anyone who tells you they have the lowdown on every order and interest in the market is bullshitting mistaken in his mind ;-)