$Australian Dollar - main 2209-To The Moon - Tiger Brokers Online Investing Community - To The Moon

$Australian Dollar - main 2209(AUDmain)$strength / weakness linked and correlated to commodities & China. Especially strong $Copper - main 2209(HGmain)$correlation in the longer term (see attached line chart).

China produces about 40% of the worlds Copper but also imports between 50% to 60% of the rest of the worlds production. Why is this important to know? Well, Copper is used in all sorts of infrastructure projects / tech etc - one of the most used industrial metals and if China are doing well they will need more and more of the metal. So Copper and Chinas performance can be used as an economic bellweather and be used to ascertain the strength and weakness of the Australian Dollar!

So whats happening with $Australian Dollar - main 2209(AUDmain)$currently? Been channel trading for last few years (See line chart attached).

Key up break zone 0.812. Key downside break & strong bearishness zone 0.67. Currently longer term strength improving versus the US Dollar (see attached currency strength chart)

Current outlook - BULLISH

Targets & Risk Management (See also Renko chart attached)....

Bullish upsides: T1: 0.713, T2: 0.746, T3: 0.766
Bearish Downsides: T1 0.689 T2 0.658 T3: 0.625
Stops: Bullish 0.695, Bearish 0.715

Visit my YouTube channel for loads of free educational content / courses / tips / analysis /ideas via TIGER: THE STOP HUNTER Intro Post & Links (Links to YouTube at bottom of post)

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Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

ChrisColeman
2022-08-10
ChrisColeman
yeah, think the usd will keep falling for a while
- StopHunter:
  [Strong]
jgaldon
2022-08-11
jgaldon
Yepe, r/r owning AUD is very good, just look at the chart (compare the time spent below where we are now, with the time spent above). It might take time, but take off it will. Thanks for sharing
- StopHunter:
  Agreed jgaldon
Road1Warrior
2022-08-11
Road1Warrior
as a tourist or investor today, I like to c weaker Az¢. just for now
- StopHunter:
  [Strong]
WendyDelia
2022-08-10
WendyDelia
The USD index is falling today so the FX increases.
DannDann
2022-08-11
DannDann
Good. Give me a like here 👍🏻 thanks!
- StopHunter:
  [Strong]
SteveGoh
2022-08-11
SteveGoh
Like please
- StopHunter:
  [Strong]

Leave a comment

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Especially strong <a target=\"_blank\" href=\"https://ttm.financial/FUT/HGmain\">$Copper - main 2209(HGmain)$</a>correlation in the longer term (see attached line chart).&nbsp;<br><br>China produces about 40% of the worlds Copper but also imports between 50% to 60% of the rest of the worlds production. Why is this important to know? Well, Copper is used in all sorts of infrastructure projects / tech etc - one of the most used industrial metals and if China are doing well they will need more and more of the metal. So Copper and Chinas performance can be used as an economic bellweather and be used to ascertain the strength and weakness of the Australian Dollar!<br><br>So whats happening with <a target=\"_blank\" href=\"https://ttm.financial/FUT/AUDmain\">$Australian Dollar - main 2209(AUDmain)$</a>currently? Been channel trading for last few years (See line chart attached).<br><br>Key up break zone 0.812. Key downside break &amp; strong bearishness zone 0.67. Currently longer term strength improving versus the US Dollar (see attached currency strength chart)<br><br>Current outlook - BULLISH<br><br>Targets &amp; Risk Management (See also Renko chart attached)....<br><br>Bullish upsides: T1: 0.713, T2: 0.746, T3: 0.766<br>Bearish Downsides: T1 0.689 T2 0.658 T3: 0.625<br>Stops: Bullish 0.695, Bearish 0.715<br><br>Visit my YouTube channel for loads of free educational content / courses / tips / analysis /ideas via TIGER:&nbsp;<a href=\"https://ttm.financial/post/9908727778?invite=F9JTKU\" target=\"_blank\">THE STOP HUNTER </a> Intro Post &amp; Links (Links to YouTube at bottom of post)<br><br><br><br><img referrerpolicy=\"no-referrer\" src=\"https://community-static.tradeup.com/news/84d5ddab78781e84e7f26dcd58f0bb36\" tg-width=\"1814\" tg-height=\"811\"><img referrerpolicy=\"no-referrer\" src=\"https://community-static.tradeup.com/news/18743cc0cd1ae9ea2289ff5449fd39df\" tg-width=\"1811\" tg-height=\"818\"><img referrerpolicy=\"no-referrer\" src=\"https://community-static.tradeup.com/news/f54b0f8bcb402674e7eefb1eef2b9833\" tg-width=\"1818\" tg-height=\"817\"></p></body></html>","htmlText":"<html><head></head><body><p><a target=\"_blank\" href=\"https://ttm.financial/FUT/AUDmain\">$Australian Dollar - main 2209(AUDmain)$</a>strength / weakness linked and correlated to commodities &amp; China. Especially strong <a target=\"_blank\" href=\"https://ttm.financial/FUT/HGmain\">$Copper - main 2209(HGmain)$</a>correlation in the longer term (see attached line chart).&nbsp;<br><br>China produces about 40% of the worlds Copper but also imports between 50% to 60% of the rest of the worlds production. Why is this important to know? Well, Copper is used in all sorts of infrastructure projects / tech etc - one of the most used industrial metals and if China are doing well they will need more and more of the metal. So Copper and Chinas performance can be used as an economic bellweather and be used to ascertain the strength and weakness of the Australian Dollar!<br><br>So whats happening with <a target=\"_blank\" href=\"https://ttm.financial/FUT/AUDmain\">$Australian Dollar - main 2209(AUDmain)$</a>currently? Been channel trading for last few years (See line chart attached).<br><br>Key up break zone 0.812. Key downside break &amp; strong bearishness zone 0.67. Currently longer term strength improving versus the US Dollar (see attached currency strength chart)<br><br>Current outlook - BULLISH<br><br>Targets &amp; Risk Management (See also Renko chart attached)....<br><br>Bullish upsides: T1: 0.713, T2: 0.746, T3: 0.766<br>Bearish Downsides: T1 0.689 T2 0.658 T3: 0.625<br>Stops: Bullish 0.695, Bearish 0.715<br><br>Visit my YouTube channel for loads of free educational content / courses / tips / analysis /ideas via TIGER:&nbsp;<a href=\"https://ttm.financial/post/9908727778?invite=F9JTKU\" target=\"_blank\">THE STOP HUNTER </a> Intro Post &amp; Links (Links to YouTube at bottom of post)<br><br><br><br><img referrerpolicy=\"no-referrer\" src=\"https://community-static.tradeup.com/news/84d5ddab78781e84e7f26dcd58f0bb36\" tg-width=\"1814\" tg-height=\"811\"><img referrerpolicy=\"no-referrer\" src=\"https://community-static.tradeup.com/news/18743cc0cd1ae9ea2289ff5449fd39df\" tg-width=\"1811\" tg-height=\"818\"><img referrerpolicy=\"no-referrer\" src=\"https://community-static.tradeup.com/news/f54b0f8bcb402674e7eefb1eef2b9833\" tg-width=\"1818\" tg-height=\"817\"></p></body></html>","text":"$Australian Dollar - main 2209(AUDmain)$strength / weakness linked and correlated to commodities & China. 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Bullish upsides: T1: 0.713, T2: 0.746, T3: 0.766 Bearish Downsides: T1 0.689 T2 0.658 T3: 0.625 Stops: Bullish 0.695, Bearish 0.715 Visit my YouTube channel for loads of free educational content / courses / tips / analysis /ideas via TIGER: THE STOP HUNTER Intro Post & Links (Links to YouTube at bottom of post)","highlighted":2,"essential":2,"paper":1,"likeSize":131,"commentSize":0,"repostSize":2,"favoriteSize":0,"link":"https://ttm.financial/post/9907315790","repostId":0,"isVote":1,"tweetType":1,"viewCount":3709,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["HGmain","AUDmain"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":1183,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":103344524,"commentId":"103344524","gmtCreate":1660145210109,"gmtModify":1663256032244,"authorId":9000000000000168,"author":{"id":9000000000000168,"idStr":"9000000000000168","authorId":9000000000000168,"name":"ChrisColeman","avatar":"https://static.tigerbbs.com/9c61226b13dc84ab3139a9fa00b20782","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9907315790,"objectIdStr":"9907315790","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"yeah, think the usd will keep falling for a while","text":"yeah, think the usd will keep falling for a while","html":"yeah, think the usd will keep falling for a while","likeSize":18,"commentSize":1,"subComments":[{"id":103376930,"commentId":"103376930","gmtCreate":1660300594590,"gmtModify":1663256172577,"authorId":4121439153052142,"author":{"id":4121439153052142,"idStr":"4121439153052142","authorId":4121439153052142,"name":"StopHunter","avatar":"https://community-static.tradeup.com/news/d80c0d587692577bad43caa6a987fb67","vip":2,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9907315790,"objectIdStr":"9907315790","type":1,"supId":103344524,"supIdStr":"103344524","prevId":0,"prevIdStr":"0","content":"[Strong]<br>","text":"[Strong]<br>","html":"[Strong]<br>"}],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":103347926,"commentId":"103347926","gmtCreate":1660173179389,"gmtModify":1663256056234,"authorId":3585783151794537,"author":{"id":3585783151794537,"idStr":"3585783151794537","authorId":3585783151794537,"name":"jgaldon","avatar":"https://static.tigerbbs.com/7ac1bf876c504881c7cc0ca4968b92bb","vip":1,"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":7,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9907315790,"objectIdStr":"9907315790","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Yepe, r/r owning AUD is very good, just look at the chart (compare the time spent below where we are now, with the time spent above). It might take time, but take off it will. Thanks for sharing<t-t type=\"img\" src=\"https://community-static.tradeup.com/news/af624194d34a157c28026036fb739832\"></t-t>","text":"Yepe, r/r owning AUD is very good, just look at the chart (compare the time spent below where we are now, with the time spent above). It might take time, but take off it will. Thanks for sharing<t-t type=\"img\" src=\"https://community-static.tradeup.com/news/af624194d34a157c28026036fb739832\"></t-t>","html":"Yepe, r/r owning AUD is very good, just look at the chart (compare the time spent below where we are now, with the time spent above). It might take time, but take off it will. Thanks for sharing<t-t type=\"img\" src=\"https://community-static.tradeup.com/news/af624194d34a157c28026036fb739832\"></t-t>","likeSize":9,"commentSize":1,"subComments":[{"id":103376914,"commentId":"103376914","gmtCreate":1660300553399,"gmtModify":1663256173744,"authorId":4121439153052142,"author":{"id":4121439153052142,"idStr":"4121439153052142","authorId":4121439153052142,"name":"StopHunter","avatar":"https://community-static.tradeup.com/news/d80c0d587692577bad43caa6a987fb67","vip":2,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9907315790,"objectIdStr":"9907315790","type":1,"supId":103347926,"supIdStr":"103347926","prevId":0,"prevIdStr":"0","content":"Agreed jgaldon","text":"Agreed jgaldon","html":"Agreed jgaldon"}],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":103356431,"commentId":"103356431","gmtCreate":1660198996519,"gmtModify":1660199000056,"authorId":4098084219326670,"author":{"id":4098084219326670,"idStr":"4098084219326670","authorId":4098084219326670,"name":"Road1Warrior","avatar":"https://community-static.tradeup.com/news/444bc0aeceab5292f15cd24cd37ab6c3","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-2","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Master Trader","description":"Total number of securities or futures transactions reached 100","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.09.27","exceedPercentage":"80.97%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":4,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9907315790,"objectIdStr":"9907315790","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"as a tourist or investor today, I like to c weaker Az¢. just for now","text":"as a tourist or investor today, I like to c weaker Az¢. just for now","html":"as a tourist or investor today, I like to c weaker Az¢. just for now","likeSize":9,"commentSize":1,"subComments":[{"id":103376970,"commentId":"103376970","gmtCreate":1660300728470,"gmtModify":1663256175941,"authorId":4121439153052142,"author":{"id":4121439153052142,"idStr":"4121439153052142","authorId":4121439153052142,"name":"StopHunter","avatar":"https://community-static.tradeup.com/news/d80c0d587692577bad43caa6a987fb67","vip":2,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9907315790,"objectIdStr":"9907315790","type":1,"supId":103356431,"supIdStr":"103356431","prevId":0,"prevIdStr":"0","content":"[Strong]<br>","text":"[Strong]<br>","html":"[Strong]<br>"}],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":103344268,"commentId":"103344268","gmtCreate":1660143768053,"gmtModify":1663256033650,"authorId":9000000000000350,"author":{"id":9000000000000350,"idStr":"9000000000000350","authorId":9000000000000350,"name":"WendyDelia","avatar":"https://static.tigerbbs.com/36f25b4af7998a90a0205e568a910bb3","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9907315790,"objectIdStr":"9907315790","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"The USD index is falling today so the FX increases.","text":"The USD index is falling today so the FX increases.","html":"The USD index is falling today so the FX increases.","likeSize":16,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":103356499,"commentId":"103356499","gmtCreate":1660199502672,"gmtModify":1663256090531,"authorId":4120013852628412,"author":{"id":4120013852628412,"idStr":"4120013852628412","authorId":4120013852628412,"name":"DannDann","avatar":"https://community-static.tradeup.com/news/8e44cc7f66b632797c9ec7fed53fddd0","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-1","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Debut Tiger","description":"Join the tiger community for 500 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Give me a like here 👍🏻 thanks! ","text":"Good. Give me a like here 👍🏻 thanks! ","html":"Good. Give me a like here 👍🏻 thanks! ","likeSize":8,"commentSize":1,"subComments":[{"id":103376976,"commentId":"103376976","gmtCreate":1660300744355,"gmtModify":1663256175926,"authorId":4121439153052142,"author":{"id":4121439153052142,"idStr":"4121439153052142","authorId":4121439153052142,"name":"StopHunter","avatar":"https://community-static.tradeup.com/news/d80c0d587692577bad43caa6a987fb67","vip":2,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9907315790,"objectIdStr":"9907315790","type":1,"supId":103356499,"supIdStr":"103356499","prevId":0,"prevIdStr":"0","content":"[Strong]<br>","text":"[Strong]<br>","html":"[Strong]<br>"}],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":103357207,"commentId":"103357207","gmtCreate":1660203523383,"gmtModify":1663256093030,"authorId":3580932551134778,"author":{"id":3580932551134778,"idStr":"3580932551134778","authorId":3580932551134778,"name":"SteveGoh","avatar":"https://community-static.tradeup.com/news/11095a7766734a010cae2953dbc20e3e","vip":1,"crmLevel":1,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9907315790,"objectIdStr":"9907315790","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"<p>Like please&nbsp;</p>","text":"<p>Like please&nbsp;</p>","html":"<p>Like please&nbsp;</p>","likeSize":5,"commentSize":1,"subComments":[{"id":103377001,"commentId":"103377001","gmtCreate":1660300835708,"gmtModify":1663256176127,"authorId":4121439153052142,"author":{"id":4121439153052142,"idStr":"4121439153052142","authorId":4121439153052142,"name":"StopHunter","avatar":"https://community-static.tradeup.com/news/d80c0d587692577bad43caa6a987fb67","vip":2,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9907315790,"objectIdStr":"9907315790","type":1,"supId":103357207,"supIdStr":"103357207","prevId":0,"prevIdStr":"0","content":"[Strong]<br>","text":"[Strong]<br>","html":"[Strong]<br>"}],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/9907315790"}