AUD.USD

[Nevl]

Good bounce after the US GDP. But trending down again slowly. Lots of talk about it heading back towards the 0.95. Will be interesting to say the least. Thanks for all your work Arco. It's nice to sit back and watch a master at work.

[Bilo]

I haven't seen the AUD/USD gap before. Plus 30 + points is this real or just my view?

[Nevl]

I haven't seen the AUD/USD gap before. Plus 30 + points is this real or just my view?

The Kiwi gap was more impressive. And the Euro also Gapped by about 30pips

[peat]

it moved up quickly but didnt really gap....

[peat]

setting up for a fall ?

[peat]

went further than my previous post anticipated but now, on the hourly we clearly have 5 waves down followed by an a-b-c creating a perfect gartly where a = c shown by the cyan lines being duplicates of one another.

[miner]

Good call peat,bugger didn't see it till now,all charted up now tho and watching the daily trend line,had a ripper run on the beast from last night tho :-).

Cheers
Miner

[dumbass]

audusd could be setting up for a short.

if price action retraced up to the trendline,it would set up a bearish gartley which could be the start of a third wave of a third wave.

however retracement could be already over and price is moving down from here.

[Silverlight]

Australia's unemployment rate fell to a seasonally adjusted 5.5% in December from 5.6% in November. The number of employed rose 35,200, the Australian Bureau of Statistics said Thursday.

Economists on average had expected an unemployment rate of 5.8% in December, with the number of employed up 10,000.

The number of people in full-time work rose 7,300 to 7.64 million in December, from
7.63 million, while the number of people in part-time work rose 27,900 to 3.27 million
from 3.24 million.

The bureau said its seasonally adjusted workforce participation rate, or the proportion of working-age persons at work or actively seeking work was 65.2% in December unchanged from 65.2% in November.


AUD jumped 40 pips on that.

[Ayrton]

Can any one explain to me, if it can be, why just after the announcement on job data this afternoon it fell sharply (1min chart) before jumping 40 pips? when it was good news?

Cheers