AUD/USD

I'm looking at different data.. What are u using as calendar?
Isn't this a m/m indi ?
ff is sayin -3.6 forecast, other one -4
Previous 9.3 ..

i know....ff is not accurate...i dnt use data feeded to ff. Im on premium base data...

One more thing I want to make everybody clear. we are both into this industry.. only thing different idea...different direction...but still we are with the same objectives. So...help among fellow traders. just trade accordingly to make a living.

Result came out 46.4 Not so much...The answer is Votality...why wait ? Scalp eitherway..

Okay cool, I got the picture,
Australia's seasonally adjusted approvals rose by 9.3%
Indeed, approvals grew by 1.2% over the 12 months and decreased by
1.4% in the three months ending in October.

If u were to compare data from USA and Aust.

USA data is more heavy . In this case, Bears in control.

Be Wise ....

Ofcourse, but still, trading the fundamentals and not the dust afterwards.
Housing is too important.

Wonder what next month will be, concerning housing, after that flood.

Go and scalp all those prices within these TLines (Aqua/Red/Lower Green).

If u like so much to go long...u shld be trading GBP/AUD & EUR/AUD.

From these two charts, u shld by now realize Aust has problem.

almost lookin at my own chart lol
i use the same pivot indi, so it seems
but then again there is a slight difference
very strange.

Wtever....! Maybe we have the same kind of boat but with different technology. Mine is ...."AU-Back from the future"

I will only go long if prices could maintain to stay above DailyR1 and WeeklyR1.

As of now...I am scalping on the 15m tf.

Building Ap. -4.2 -> SELL

nice and so gold is keepin it low aswell

wt is tht , stock ? if Building Permits, Yes , SELL.

My figure is -9.9% (negative)...more terrible than yours , i think...but never mind.......just SELL !!!

How much do you think it will continue to go down? 0.9900?

I wonder what will happen during the London session

Guppy -> Strong Bearish
MACD -> Strong Bearish
DiNapoli Preferred Stochastics -> Bearish, but slightly curved.

(5 minutes chart)

AU may be a nice buy @ .9960, another touch of the 200 ema would be a potentially good long entry. Any kiss of the 200 ema 4H chart has been greeted with bullish glee of late.

UCHF resis @ .9685 (unless it makes a dash for the trend line at .9750) and UJ resis @ 83.50. Market's new year USD puppy love crush is likely to get a reality check. ADP data is notoriously unreliable.

AU is still the hedge funds and CB's poster child - that won't change for a while. Long target is around 1.0300.

After considering the technicals and the two fundamentals (Aust) just released, Personally I take it as VOTALITY.

Price Projections
-----------------
UPs - 1.0058 / 1.0125
DWNs - 0.9943 / 0.9888 / 0.9827

Profit Targets
--------------
Longs - 1.0054 / 1.0072
Shorts - 0.9938 / 0.9922

Tomorrow we can make millions...

Projected data is more than 250% difference. Take Note.

care to explain? im confused. i thought u said volatile?

This weeks Aud/Usd forecasts have been one which has the players re-checking the lines of "possible" support all the way down towards the 0.9200 area!! Its breaking them all, one by one!!!!!!!!!!!
Target remains 0.8600-0.8900


AUD/USD Technical Analysis

After a rough start, with a fall under parity, AUD/USD climbed up, broke the 1.0080 line and eventually crossed the 1.0180 line to close at 1.0225.

AUD/USD is now above the previous historic highs of 1.0180, and sees only 1.03 as the next resistance level, in uncharted territory.

1.0180 now serves as immediate support. It was the peak at the beginning of November. Below, 1.0080 provides further support, after working as resistance just now and providing support two months ago.

Lower, AUD to USD parity remains a strong support line. Below, 0.9917 was a line of resistance on the way up, and now provides minor support.

0.9840 worked as support for the pair a few weeks ago, and also was a pivotal line beforehand. It provides immediate support. Below, 0.9724 worked as support several times in recent months and is the next line of support.

Lower, 0.9660 is now only a minor support, but it’s still significant. Below, 0.9540 proved to be a very strong line, being a swing low a few months ago, and also two weeks ago.

Even lower, 0.9465 provided support for the pair when it struggled on the way up, and is already stronger support. The next lines are close – 0.9366 was a peak back in April, and 0.9327 capped the pair lots of times beforehand.