As expected AUD/USD has made a new all time heigh value. It is now 1.0677 and it was 1.0686 a few minutes to an hour earlier. The sentiment seems to be in favour of AUD in the sense that even while EUR and GBP were falling against USD for limited periods AUD was getting stronger. While I was trading today on EUR/USD, GBP/USD and AUD/USD it felt like the market is dumping other currencies in favour of AUD. The 4h and 8h charts do not give signs of the value going down yet. Another big driver for aussie making a new record against the greenback is the price of gold. Gold is now trading at 1503.35USD.
I was also maintaining a bullish EUR/USD bias. Now it is trading at 1.4519 and has been trading 1.4546 a few minutes ago. EUR/JPY has turned back from below 118.50 and is now probably going up, firstly to 121.25 and later to 122. We need to take into account the holidays this week and next week. I have bought EUR/JPY at 120.25 for 100 pips.
GBP/USD seems more bullish, now trading at 1.6365. GBP/JPY came from below 134.60 and seems also bullish, now trading at 135.44.
