AUD/USD

D1 chart is showing me divergence



1.0370 is also the 61.8 fib from the daily high of the 29th of February 2012. So I'm guessing it would be a good short opportunity. IF it gets there.

trust me

problem is .. "when"?!?!

Oscilators are crap in strongly trending pairs, all three of them

I know, I agree too that oscilators are crap in such strong trend.
But just to be cautious, look of what have happened to D1 divergence on
27 Oct 2008
25 Aug 2010
and there are more examples as well.

But hey, who knows, anything is possible in this thing. We can have triple divergence at once yet the trend is still continuing...

Don't think AUD is going to go down anytime... probably will go pass 1.04000. no need charts... there's no reason for it to go down other than a rate cut... wait til august o_O

enter when greece leaves the euro. Ha...

cheers, I was fast asleep then.

Much better then the cartoons...

stulic, now let me share with you some of my projections of Aussie based on my chart.
[Note: I prefer not to use prediction, which involves super nature power, or forecast, which needs hi-tech equipment.]

Short Term: Bearish but the horizontal line (cyan color) should hold up bear's attack. This is the time frame we have different views.

Intermediate Term: Bullish and may reach new high. This is the time frame we have the same view.

Long Term: Bearish. One of the main reason could be too overvalued.

Aussie's fundi is very strong but seems to me you might overlook the overvalued issue.

perhaps the american economy is in so much shit that it makes any currency look overvalued...i read that some americans are living in sewers an eating rats...theres so much wrong in that country, an that because the usa dollar is being bypassed for peoples own currency recently is signaling to me its going to come down, america is not out of the pits yet, an if it keeps getting worse, hello qe3

Figures you are not living in United States.
Fact is entire currency market moves based upon American Dollar value.Something for you to think about.
Google unemployment numbers by leading currency countries and you'll see US still has lowest numbers.

The following are 22 statistics that prove that the American Dream is being systematically destroyed....

#1 As the economy has declined, the number of Americans living month to month has soared. At this point, millions upon millions of Americans are living without any financial cushion whatsoever. If you can believe it, one recent survey found that 28 percent of all Americans do not have a single penny saved for emergencies. Another survey found that 42 percent of all American workers are currently living paycheck to paycheck.

#2 Thanks to horribly oppressive regulations, red tape and taxes, it is incredibly difficult to run a successful small business in America today. According to the Christian Science Monitor, more than half of all small business owners in America cannot even afford to put food on the table from their small business earnings....

A shocking figure from the Wave survey relates to how well the business owners were able to meet their basic needs through their business. An incredible 52% of American small business owners can’t put food on the table through the earnings from their business over the past twelve months.

Another recent survey found that 23 percent of all small business owners have gone an entire year without pay.

#3 In recent years U.S. families have experienced an astounding decline in wealth. According to the Federal Reserve, the median net worth of families in the United States declined "from $126,400 in 2007 to $77,300 in 2010".

#4 The U.S. economy is not producing nearly enough jobs for all of us at this point. For example, it was reported that 20,000 people applied for just 877 jobs at a Hyundai plant in Montgomery, Alabama earlier this year. Sadly, the official U.S. unemployment rate has been above 8 percent for 40 months in a row, and this is supposed to be "the recovery".

#5 Eight million Americans have "left the labor force" since the recession supposedly ended. If those Americans were added back into the unemployment figures, the unemployment rate would be somewhere up around 12 percent.

#6 Corporate profits as a percentage of GDP are at an all-time high. Meanwhile, wages as a percentage of GDP are near an all-time low.

#7 The United States was once ranked #1 in the world in GDP per capita. Today we have slipped to #12.

#8 Just paying for the basics is becoming increasingly difficult for many Americans. For example, there are now 20.2 million Americans that spend more than half of their incomes on housing. That represents a 46 percent increase from 2001.

#9 The average American household spent approximately $4,155 on gasoline during 2011, and electricity bills in the U.S. have risen faster than the overall rate of inflation for five years in a row.

#10 Health insurance continues to become more expensive. Health insurance costs have risen by 23 percent since Barack Obama became president. According to the Bureau of Economic Analysis, health care costs accounted for just 9.5% of all personal consumption back in 1980. Today they account for approximately 16.3%.

#11 As the cost of living goes up, wages continue to stagnate or even fall in many areas of the country. Sadly, this is part of a long-term trend. According to one study, between 1969 and 2009 the median wages earned by American men between the ages of 30 and 50 declined by 27 percent after you account for inflation.

#12 The percentage of low paying jobs just continues to increase. At this point, one out of every four American workers has a job that pays $10 an hour or less. If that sounds like a high figure, that is because it is. Today, the United States actually has a higher percentage of workers doing low wage work than any other major industrialized nation does.

#13 Over the last several decades, the debt burdens being taken on by average Americans have absolutely exploded. All of this debt is making things incredibly difficult on American families. The following is from a recent CNN article....

In 1983, the bottom 95% had 62 cents of debt for every dollar they earned, according to research by two International Monetary Fund economists. But by 2007, the ratio had soared to $1.48 of debt for every $1 in earnings.

#14 During this time of the year, there are large numbers of new college graduates entering the work force. Unfortunately, there are not nearly enough jobs for all of them. In fact, approximately 53 percent of all U.S. college graduates under the age of 25 were either unemployed or underemployed last year.

#15 Many young adults have found that they can't make it on their own at all in this economy. Today, approximately 25 million American adults are living with their parents.

#16 Wealth in this country is becoming highly concentrated in fewer and fewer hands. Today, the wealthiest 1 percent of all Americans own more wealth than the bottom 95 percent combined.

#17 Increasingly, our country is being divided into "two Americas". According to Forbes, the 400 wealthiest Americans now have more wealth than the bottom 150 million Americans combined.

#18 The rise in poverty is hitting children particularly hard. If you can believe it, the poverty rate for children living in the United States is now 22 percent. Large numbers of children in this country would go hungry without assistance. At this point, approximately one-fourth of all American children are enrolled in the food stamp program.

#19 The more money the government spends on poverty, the more poverty seems to increase. The federal government spent about 80 billion dollars on the food stamp program last year, but they can't even tell us how that money is being spent.

#20 While Barack Obama has been president, the number of Americans on food stamps has increased from 32 million to 46 million. But the Obama administration has decided that is not enough so they are spending taxpayer money on ads that will encourage even more Americans to go on food stamps....

The U.S. Department of Agriculture has been running radio ads for the past four months encouraging those eligible to enroll. The campaign is targeted at the elderly, working poor, the unemployed and Hispanics.
The department is spending between $2.5 million and $3 million on paid spots, and free public service announcements are also airing. The campaign can be heard in California, Texas, North Carolina, South Carolina, Ohio, and the New York metro area.

#21 As the middle class shrinks, the ranks of the poor continue to expand. Sadly, at this point 48 percent of all Americans are either considered to be "low income" or are living in poverty.

#22 More Americans are becoming dependent on the government than ever before. According to an article in the Wall Street Journal, 49.1 percent of all Americans live in a home where at least one person receives financial benefits from the government.

Its a pity you missed my point.
You forgot to compare same stats to eu or others.Try Spain's,Greece,Italy,Portugal,Irland,Australia and Japans unemployment numbers!!!!It may wake you up!

lmaoooooooooooooo if he spend as much time researching he wouldnt be on forexfactory he would be makibg money

the aud has almost been following the exact same up and down pa for the last few days....I'm wondering when it's going to make a decisive move one way or the other.

It amazes me how people can be so ignorant or deliberately avoiding facts so they can spew their biases.

On reality
Closed 2 shorts from 29 and 28 at 27
Waiting to go up so I can short again.

what? that dont even make sense, that guy is not from forex factory?

think u need to learn how to read

May see some movement after tonight's NFP & Jobless Rate

i think australia has a lower unemployment rate then usa...

I expect that Aussie will have big moves in coming weeks. We'll see.

China’s Surprise Rate Cut Signals More Trouble Ahead

http://www.cnbc.com/id/48088860