Temporarily lightening USD long AUD short
As an Aussie investor with a lot of securities denominated in USD (US markets, Gold), and with brokerage paying an extra 1% on USD (4.3%) vs AUD (3.3%) on cash balances, managing my exposure to the USD has a meaningul impact on the portfolio’s performance.
in this chart, I use a combination of Ehlers’ adaptive indicators, volatility bands and 100-week moving average to assess probability of upside/downside so I can increase or lighten my USD exposure.
At the end of March, I see 5.4% downside vs 2.5% upside, and support around 1.42, resistance at 1.55.
Therefore I will sell 1/3 of my USDAUD position to reduce risk, and look to reenter next month closer to 1.42 assuming support holds.
in this chart, I use a combination of Ehlers’ adaptive indicators, volatility bands and 100-week moving average to assess probability of upside/downside so I can increase or lighten my USD exposure.
At the end of March, I see 5.4% downside vs 2.5% upside, and support around 1.42, resistance at 1.55.
Therefore I will sell 1/3 of my USDAUD position to reduce risk, and look to reenter next month closer to 1.42 assuming support holds.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.