Analysis of the Market Manipulations with AUD/USD for September 1, 2010 2010-09-01
On the markets a decorrelation is observed, thus it is not a surprise that the Aussie closed neutrally as compared to other pairs. Having recoiled, the pair started to uprise amid the expected growth of the GDP data. The figures appeared above the forecasted thus the price uprose sharply. At the moment the price has stopped at the level of ask, so the decline after the break through this level can be expected or a new impulse after passing this level. By far it is hard to define the further events, though I would assume selling. Trading recommendations: -stay out of the market
